27 June 2014
On June 24, 2014, Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) issued a news release that provided an activity update on its 100 percent-owned Chidliak diamond project ("Chidliak"). The release contained three errors in the diamond results table. The news release reported 55 diamonds in the +0.425 to 0.600 mm sieve size for the CH-46 kimberlite when the actual number is eight diamonds. For the CH-7 kimberlite, 187 diamonds in the +0.150 to 0.212 mm sieve size were reported, but the actual number is 188. An amended independent 43-101 Technical Report will be filed that includes these corrections. Also for the CH-7 kimberlite, the total carat weight for +0.850 mm diamonds was reported as 0.827 carats, which is the total carat weight for the entire sample. The correct total carat weight for the +0.850 mm diamonds is 0.568 carats, which was correctly reported in the June 19, 2014 Technical Report.