DIAMOND EXPLORATION: Seven more kimberlites identified at Chidliak project

NUNAVUT — Peregrine Diamonds of Vancouver has identified seven more kimberlites at its 9,800 km² Chidliak project on Baffin Island. Five of the kimberlites were discovered by drilling geophysical anomalies and the other two were discovered at surface while prospecting geophysical anomalies. That brings to 16 the total number of kimberlites discovered to date on the property.

During the 2009 field season, the company also collected a 50-tonne mini-bulk sample from an outcrop at the CH-1 kimberlite. The results of the sample analysis are expected by the end of the year.

Maps illustrating work conducted this summer at Chidliak are available on Peregrine's web-site at http://www.PDiam.com/i/pdf/chidliak8.pdf. A slide show with photographs from the 2009 programme is available at http://www.PDiam.com/i/flash/chidliak1.html.