09:50 AM EST - Peregrine Diamonds Ltd. : announced estimates for a maiden independent Canadian National Instrument 43-101-compliant Inferred Mineral Resource for the top 250 metres of the CH-6 kimberlite pipe and additional tonnage as a target for further exploration. Key elements of the CH-6 estimates are: an Inferred Mineral Resource of 7.47 million carats of diamonds in 2.89 million tonnes of kimberlite to a depth of 250 metres, with a grade of 2.58 carats per tonne. An average diamond price of $213 U.S. per carat and a modeled price range between $163 U.S. and $236 U.S. per carat as determined by WWW International Diamond Consultants in February 2014. Peregrine Diamonds Ltd.
shares T.PGD are trading unchanged at $0.41.
