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Peregrine eyes first production by 2021
Peregrine Diamonds (TSX: PGD) hopes to have its Chidliak project producing diamonds by 2021, as outlined in a preliminary economic assessment (PEA) released in July. Chidliak sits 120 km northeast of Iqaluit, the capital of Nunavut, on Canada’s Baffin Island. The…
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Peregrine eyes Chidliak diamond production by 2021
VANCOUVER — Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) is hoping to have its Chidliak discovery in production within five years, and it outlined the path forward on July 7 via a preliminary economic assessment (PEA) focused on the CH-6 and CH-7 kimberlite pipes.…
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DIAMONDS: PEA puts Chidliak after tax NPV at $471M for Peregrine
NUNAVUT – The preliminary economic assessment is complete for phase one of the Chidliak diamond project on Baffin Island, 120 km northeast of Iqaluit, and owner Peregrine Diamonds of Vancouver is looking at a 10-year open pit project with attractive…
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DIAMONDS: Maiden CH-7 resource at Peregrine’s Chidliak tops 4M carats
NUNAVUT – Vancouver-based Peregrine Diamonds has released the maiden inferred resource estimate for the CH-7 kimberlite pipe at the Chidliak diamond project on Baffin Island. The CH-7 pipe contains 4.23 million carats of diamonds in 4.99 million tonnes of kimberlite…
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DIAMONDS: Peregrine puts CH-7 valuation at $114 per carat
NUNAVUT – Vancouver-based Peregrine Diamonds says the latest 735.75 ct parcel of commercial sized (+1.18 mm square mesh) stones from the CH-7 pipe at the Chidliak project had an average value of US$114 per ct. The eight highest value diamonds…
