Peter Holmes appointed Manager, DO-27 Project; SRK Consulting engaged for Scoping Study on DO-27

June 30, 2005 PDF version
Eric Friedland, President, and Alan Carter, Chief Operating Officer, of Peregrine Diamonds Ltd., are pleased to announce that Mr. Peter Holmes has been appointed Manager, DO-27 Project. As Manager, Mr. Holmes will be responsible for all aspects of the Scoping Study and subsequent Pre-Feasibility Study on the DO-27 Diamond Project.

Mr. Holmes, a geologist, has over 15 years experience in diamond exploration with the De Beers Group of companies. Most recently, Mr. Holmes was Divisional Manager-Western Canada, for De Beers Canada Inc.—Exploration Division, based in Yellowknife, Northwest Territories. In that role, he managed all diamond exploration and evaluation activities in Western Canada. He was also a member of the De Beers Venture Capital Project Team where he reviewed exploration results for possible joint venture and identified suitable partners.

From 1998 to 2000, Mr. Holmes was the Deputy Director—Geological Projects, De Beers Centenary AG, based in Moscow, Russia, where he was responsible for the field management of De Beers Joint Venture projects in western Russia including the Lomonosov Deposit Evaluation (large diameter drilling and delineation programs), and various programs in the Arkhangelsk region.

From 1993 to 1998, Mr. Holmes was a Senior Geologist with Monopros Ltd/Finsearch Oy in Toronto, Ontario, where he managed field exploration programs in Finland. At that time he was nominated as a delegate to the De Beers Research Committee to review both internal De Beers research and external kimberlite and diamond studies.

Peregrine also wishes to announce that SRK Consulting (Canada) Inc., Vancouver, has been retained to prepare a Scoping Study on the DO-27 and DO-18 kimberlites. As part of the Study, SRK is advising Peregrine on the resource delineation, geotechnical, and exploratory core drilling programs that will begin next month at the DO-27 and DO-18 kimberlite pipes.

On Behalf of the Board of Directors


Eric Friedland

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