11:56 AM EST - Peregrine Diamonds Ltd. : reported a coarse diamond size distribution for a 312.2-kilogram sample of reverse circulation drill cuttings collected from the CH-44 kimberlite on the 9,800-square-kilometre Chidliak project on Baffin Island, Nunavut.The sample yielded 910 diamonds larger than the 0.106-mm sieve size, including nine diamonds larger than the 0.850-mm sieve size which weigh a total of 0.45 carats. The CH-44 pipe is the sixth kimberlite at the Project with economic potential in Arctic settings. Peregrine Diamonds Ltd.
shares T.PGD are trading up $0.15 at $3.05.