Sample returns viable diamonds

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Peregrine diamonds ltd. has reported an 814.0 dry tonne bulk sample from the Ch-7 kimberlite pipe from the Chidliak diamond Project. The sample returned an overall diamond grade of 0.88 carats per tonne with a total 717.65 carats of commercial-size (+1.18 mm) diamonds recovered, including 53 diamonds one carat or larger and 183 diamonds over 0.50 carat in size.

The largest gem quality diamond recovered was a 5.33-carat white/colourless octahedron with no inclusions. Significant diamond breakage was observed, including a gem quality diamond that may have originally been larger than six carats. A substantial portion of the parcel is gem quality diamonds and a population of coloured stones is present.