June 8, 2006
June 8, 2006, Vancouver, B.C. - Peregrine Diamonds Ltd. (“Peregrine”)
(TSX-V: PGD) is pleased to announce that the Ekati(tm) Diamond Mine
Sample Plant facility will begin processing the 2006 Bulk Sample from
the DO-27 kimberlite pipe, NWT, Canada, on June 15, 2006.
The 2006 large diameter drilling bulk sampling program recovered
approximately 566 tonnes of kimberlite which was collected in 444
separate sample bags from 12 holes. The kimberlite collected will be
processed as approximately 90 separate samples, each sample being
comprised of a number of combined bags representing standard depth
intervals in each hole. This will allow the diamond recovery results to
be correlated between holes and incorporated into 3D models for future
The processing of all the kimberlite, including the picking and sorting
of all the diamonds as well as grade calculations, should be completed
by late August, 2006 at which time results will be released.
Peregrine’s diamond exploration programs are conducted under the
direction of Dr. Jennifer Pell, Vice President Exploration, P. Geo.,
(BC), P. Geo. (NT/NU), a qualified person under NI 43-101.
Peregrine is a well funded Canadian diamond exploration/development
company that is managed by experienced geoscientists. The company is
taking the plus 9 hectare DO-27 diamondiferous kimberlite into
pre-feasibility and is exploring for other diamondiferous kimberlites on
its extensive land holdings in Canada. The company trades on the TSX-V
Exchange under the symbol “PGD”.
Peregrine Diamonds Ltd.
Eric Friedland, President and CEO
Alan Carter, COO
Forward-Looking Statements: This document includes forward-looking
statements. Forward-looking statements include, but are not limited to
statements concerning Peregrine’s projects, pre-feasibility studies, and
other statements that are not historical facts. When used in this
document, the words such as “could,” “confident,” “plan,” “estimate,”
“expect,” “anticipated,” “intend,” “may,” “potential,” “should,”
“scheduled,” “significant,” and similar expressions are forward-looking
statements. Although Peregrine Diamonds Ltd. believes that its
expectations reflected in these forward-looking statements are
reasonable, such statements involve risk and uncertainties and no
assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual
results to differ from these forward-looking statements are disclosed
under the heading “Risk Factors” and elsewhere in the corporation’s
periodic filings with Canadian regulators.
Back to the News Releases page