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Peregrine Diamonds Ltd.

03:26 PM EST - Peregrine Diamonds Ltd. : reported microdiamond results that confirm coarse diamond size distributions in the CH-44 and CH-45 kimberlites on the 8,580-square-kilometre Chidliak project Baffin Island, Nunavut. A 535.1-kilogram sample collected by core drilling from CH-44 in 2011 yielded 766 diamonds larger than the 0.106 mm sieve size, including 13 commercial-size diamonds larger than the 0.850 mm sieve size which weigh a total of 0.197 carats. Peregrine Diamonds Ltd. shares T.PGD are trading down $0.03 at $0.78.