Rod Davey joins Peregrine Diamonds as Chief Operating Officer

October 4, 2006 PDF version
October 4, 2006 - Vancouver, B.C. - Peregrine Diamonds Ltd. (“Peregrine”) (TSX: PGD) is pleased to announce the appointment of Rod Davey as Chief Operating Officer.

From 1996 to 1999, Mr. Davey was President of Diavik ™ Diamond Mines Inc. where he was responsible for overseeing the preparation of all documents including the engineering feasibility study, the Environmental Impact Assessment, and local issues prior to the construction of Canada’s second diamond mine.

Mr. Davey’s primary responsibility will be overseeing the preparation of a Preliminary Technical Assessment Report on the DO-27/DO-18 kimberlite pipes, WO Diamond Project, NWT, Canada. This report will investigate all potential mining and processing scenarios for the pipes. The report is anticipated to be completed after the incorporation of all the results from the Fall 2006 / Winter 2007 bulk sampling and core drilling programs.

Commenting on Mr. Davey’s appointment, Mr. Friedland, President of Peregrine, said, “we are delighted that a person of Mr. Davey’s experience and reputation will oversee the incorporation of over three years’ worth of exploration results into a comprehensive Preliminary Technical Assessment Report. Mr. Davey was instrumental in coordinating the design and engineering of the successful Diavik™ Diamond Mine, including the retaining dikes in Lac des Gras. Given his experience, we believe Mr. Davey will be able to fully determine the best potential mining scenario for the WO Diamond Project.”

Mr. Davey has a B.S. Mining Engineering from the University of Wisconsin and a M.S. Mining Engineering from Michigan Technological University. Mr. Davey began his career with Kennecott Corp. in 1964 and has held many senior positions with that company and its subsidiaries including Senior Vice President of Development for Diavik™, Vice President and General Manager of Utah Copper Corporation, and Manager of Utah Copper Corporation’s Bingham Canyon Mine. Mr. Davey is a member of the SME, past President of the Utah Mining Association and past Member of the Board of the Canadian Mining Association. He has numerous engineering publications to his credit.

Alan Carter, the Chief Operating Officer of Peregrine since May 2004, will continue on with the company in a Business Development capacity and as a Director.

Peregrine is a well funded Canadian diamond exploration/development company that is managed by experienced geoscientists. The company is completing a Preliminary Technical Assessment Report on the 9 hectare DO-27 and 3 hectare DO-18 diamondiferous kimberlite pipes, and is exploring for other diamondiferous kimberlites on its extensive land holdings in Canada. The company trades on the TSX Exchange under the symbol “PGD”.

On Behalf of the Board of Directors:


Eric Friedland
President and CEO

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