PEREGRINE DIAMONDS ANNOUNCES A POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE CHIDLIAK PHASE ONE DIAMOND DEVELOPMENT PROJECT July 7th, 2016 Phase One development envisages a 10 year mine life at an annual average production rate of 1.2 million carats After-tax Net Present Value of C$ 471 million, Internal Rate of Return of 29.8% and a capital payback period … Continue reading POSITIVE ASSESSMENT FOR THE CHIDLIAK DIAMOND PROJECT
PEREGRINE DIAMONDS REPORTS 15% INCREASE IN INFERRED MINERAL RESOURCE – CHIDLIAK CH-6 KIMBERLITE
Peregrine Diamonds Ltd. (TSX:PGD) reports a 15 percent increase in the Inferred Mineral Resource estimate for the upper 250 metres of the CH-6 kimberlite pipe, and a 23 to 26 percent increase in the estimate of additional kimberlite tonnage at CH-6. The tonnage estimates for the CH-7 and CH-44 kimberlite pipes have also significantly increased … Continue reading PEREGRINE DIAMONDS REPORTS 15% INCREASE IN INFERRED MINERAL RESOURCE – CHIDLIAK CH-6 KIMBERLITE
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