Peregrine’s 100% owned Chidliak project confirmed the discoveries of two new kimberlites and a kimberlite dyke by government geologists.
Additionally, possible kimberlite float, which is undergoing final petrographic confirmation by De Beers, was discovered in numerous other locations.
The Chidliak exploration involved priority geophysical anomalies evaluation by prospecting, orientation geophysical surveys, and bedrock and surficial mapping.
Additionally, ground geophysical orientation surveys have been conducted by De Beers over twelve known kimberlites using gravity, electromagnetics, ground penetrating radar and magnetics methods.
Monitored by a Qualified Person designated by Peregrine, De Beers will start approximately 250 wet tonnes of CH-6 kimberlite bulk sample material processing in late September.
Peregrine sample processing and diamond recovery external qualified person Howard Coopersmith said, "The CH-6 sample material processed very well and we expect no processing problems and optimum diamond liberation."
