DIAMONDS: Peregrine outlines new zone in CH-7 kimberlite

NUNAVUT – Peregrine Diamonds of Vancouver reports that its resource development program at the Chidliak diamond project on Baffin Island has identified a new geologic domain within the CH-7 kimberlite. The new zone contains some of the highest total diamond counts encountered to date at the project – perhaps topping the 2.58 ct/t grade established at CH-6.

At CH-6, new results have further confirmed that the coarse diamond distribution extends to depth in the inferred mineral resource that is estimated to contain 8.57 million ct in 3.32 million tonnes of kimberlite grading 2.58 ct/t to 250 metres below surface.

Recent results from CH-44 are promising, as well. The known coarse diamond distribution has been verified to 210 metres below surface. The resource estimate there is between 1.27 milllion and 3.19 million tonnes to a depth of 250 metres, and it is open at depth.

The Chidliak samples were tested by the Saskatchewan Research Council using caustic fusion techniques.

Peregrine has posted beautiful photo galleries of both the Nunavut landscape at the camp and of the diamonds recovered. Please see PDiam.com.