The Project CHIDIAK-BAFFIN ISLAND is in EARLY DISCOVERY stage. Mining Property in CANADA Province of NUNAVUT : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Chidiak-Baffin Island Project

Chidiak-Baffin Island

Country

Canada

Province

Nunavut

Close to

Iqaluit

Status

EARLY DISCOVERY

Surface

9,800 km² / 2,421,580 acres

Latitude / Longitude

64 N 32 / 65 W 57

Legends


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Produces

Develops

Explores for

Diamonds - Palladium - Platinum -

Last updated on 11/25/2010 - Terms of Use

Risk and valuation analysis of the Chidiak-Baffin Island Project

Status Risk : Early discovery

Country Risk : Very Low

Title(s) of the Chidiak-Baffin Island Project

Peregrine Diamonds Ltd.
Owner: 100%


Title	Company Profile	All Projects	Company website	Company project page

Peregrine's Baffin Island properties are owned 100% by Peregrine subject to certain back-in rights held by BHP Billiton ("BHPB"). After Peregrine has incurred a minimum of $3,000,000 and up to $10,000,000 of expenditures on a property, BHPB has a one more...

BHP Billiton
Back in right: 51%


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BHPB has a one-time option to elect to acquire a 51% interest in the subject property by sole-funding five times the exploration expenditures that have been incurred ($15 million to $50 million). BHPB has the right to earn an additional seven percent more...

Location of the Chidiak-Baffin Island Project
The Chidliak Project is on the east side of Baffin Island, approximately 100 km northeast of Iqaluit

Exploration and drilling

3/30/2011	Chidliak Joint Venture Approves $17.7 Million 2011 Diamond E...
3/25/2010	Commences Spring Diamond Exploration Programme at Chidliak
1/5/2010	Recent Media Coverage on Peregrine Diamond's Chidliak Diamon...
8/6/2009	Four Additional Kimberlite Discoveries and Provides Explorat...
2/23/2009	Announces Acquisition of 1.3 Million Hectares of Prospecting...
2/23/2009	Announces $9.2 Million, 2009 Diamond Exploration Programme A...

Discoveries and Drilling Results

4/7/2016	REPORTS 33% INCREASE IN CH=2D6 KIMBERLITE INFERRED DIAMOND R...
2/24/2011	Announces Coarse Diamond Size Distribution in CH-20 Kimberli...
12/6/2010	Reports Ch-6 Mini-Bulk Grades of 6.8, 3.5, 2.8 and 2.0 Carat...
11/22/2010	CH-7 Mini-Bulk Sample Returns Grade of 1.04 Carats Per Tonne...
10/31/2010	1.15 Carat Diamond Recovered From 840 Kilogram Microdiamond ...
6/4/2010	Announces Discovery Of Ch-18 Kimberlite And Commencement Of ...
5/20/2010	Reports Discovery of the CH-17 Kimberlite at Chidliak
7/17/2009	Reports First Kimberlite Drill Intersection At CH-1 And The ...
2/28/2008	Discovers Strong Platinum and Base Metal Anomalies on Chidli...
2/19/2008	Discovers Three Separate Areas with High Concentrations of K...
2/12/2008	Discovers Strong and Large Scale Uranium Anomalies on Baffin...

Location

Data last updated on : 12/31/2006

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.