Peregrine touts good diamond find at Chidliak project - Action News
Home WebMail Monday, November 11, 2024, 01:27 AM | Calgary | -0.5°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
North

Peregrine touts good diamond find at Chidliak project

Peregrine Diamonds says it has found a lot of gem diamonds in a bulk sample from the Chidliak project near Iqaluit.

Lots of gem diamonds in kimberlite sample, says company

Bulk samples of kimberlite at Peregrine Diamond's Chidliak site in Nunavut. (Peregrine Diamonds)

Peregrine Diamonds says it has found a lot of gem diamonds in a bulk sample from the Chidliak project near Iqaluit.

The sample collected last spring contains more than 600carats of commercial-size diamonds.

Dozens of diamonds weigh more than onecarat and the largest is more than 3.5carats.

The company says the results show the CH-6 kimberlite is one of the highest grade kimberlite pipes in the world.

Peregrine will now continue studying its results, to determine the viability of a diamond mine at Chidliak.

It says plans are already underway to continue exploration in 2014 and 2015 despite De Beers pulling out of the project earlier this year.