Lac de Gras West Project
Lac de Gras West
Country Canada 
Province Northwest territories
Status GREEN EXPLORATION 
Surface 687 km² / 169,871 acres
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Explores for Diamonds -
Last updated on 12/2/2010 - Terms of Use
Risk and valuation analysis of the Lac de Gras West Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the Lac de Gras West Project
Peregrine Diamonds Ltd.
Interest: 100%
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The Company has an option to earn 100% interest in 18 of the claims from a private prospecting syndicate and an option to earn a 65% interest in the remaining 22 from Thelon Ventures Ltd. by making share payments and spending an aggregate of $4.1 million on exploration on Lac de Gras East and West over a five year period.
Dunsmuir Ventures Ltd
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On January 16, 2006, Peregrine, a non reporting issuer, and Dunsmuir completed their business combination (the "Transaction") as jointly announced on November 15, 2005. As a result, all of the shareholders of Dunsmuir have become shareholders of Peregrine and a corporation into which Dunsmuir was amalgamated has become a wholly owned subsidiary of Peregrine
Thelon Ventures Ltd
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Peregrine is Thelon's joint venture partner.Thelon holds a 100% interest in 27 mineral claims in the Lac de Gras area.
Location of the Lac de Gras West Project
The Lac de Gras West property consists of 40 mineral claims covering 84,588 acres, located 275 km northeast of Yellowknife. The property is 15 to 40 km southwest of the Ekati Diamond Mine and 15 to 50 km west of the Diavik Diamond Mine.
 
History of the Lac de Gras West Project
The claims were acquired by Dunsmuir Ventures in 2004.
 
Data last updated on : 12/31/2006
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