DIAMONDS: Peregrine unearths three more kimberlites at Chidliak

NUNAVUT – The loss of partner De Beers Canada last month is not slowing work by Peregrine Diamonds at Chidliak diamond project on Baffin Island, 120 km northeast of Iqaluit. Peregrine's announced the discovery of three more new kimberlites at the project site. That makes six new kimberlites discovered this year.

The most recent discoveries are referenced as CH-65, -66 and -67. The company says at CH-65, abundant kimberlite float was found associated with a linear geophysical anomaly that represents a kimberlite dyke. At CH-66, abundant kimberlite float was found associated with a circular magnetic high anomaly with an estimated surface expression of 0.5 ha as determined by ground geophysics. At CH-67, abundant kimberlite float was found associated with a circular magnetic high anomaly with an estimated surface expression of one hectare as determined by ground and airborne geophysics.

Peregrine crews also discovered seven new kimberlite float occurrences for which a definitive pipe or dike source has yet to be confirmed.

Photo galleries of both the Chidliak site and diamonds recovered from there are available at PDiam.com.