Baffin Island Nunavut Canada
Peregrine has acquired Prospecting Permits totalling over 800,000 hectares on two projects in the Baffin Island region of Nunavut, Canada. (Click here to view the location map) The two projects are Chidliak and Qilaq.
Reconnaissance heavy mineral sampling programs conducted by Peregrine and BHP Billiton in 2005 and 2006 throughout southern and central Baffin Island resulted in the recovery of significant kimberlitic indicator minerals including highly prospective eclogitic and pyrope garnets, some with compelling G10 chemistry and fresh surface textures. The indicator mineral chemistry and surface textures suggested the possibility of kimberlites within the boundaries of the Chidliak property area. In July 2008, Peregrine discovered its first kimberlite on Baffin Island on the Chidliak project, 700 km from the nearest known kimberlite occurrence which is in Greenland. Continued exploration success at the Chidliak project encouraged Peregrine to stake the Qilaq project.
In the course of diamond exploration programs on Baffin Island, significant anomalies indicative of uranium and other metals deposits have also been confirmed.