PEREGRINE DIAMONDS LTD.

Peregrine Diamonds reported new diamond results from the CH-6 kimberlite that support previous results from that kimberlite. In addition, coarse diamond size distributions were received from samples of the CH-10 and CH-12 kimberlites, situated on the 9,800 sq km Chidliak project, Baffin Island, Nunavut, Canada. A 111.4 kilogram sample of drill core collected from CH-10 yielded 152 diamonds larger than the 0.075 mm sieve size, including two diamonds larger than the 0.600 mm sieve size. A 251.7 kilogram sample of surface kimberlite collected from CH-12 yielded 270 diamonds larger than the 0.075 mm sieve size, including three diamonds larger than the 0.600 mm sieve size. The CH-9 and CH-11 kimberlites were also determined to be diamondiferous. A 216.8 kilogram surface sample of CH-9 yielded two diamonds, one larger than the 0.075 mm sieve and one larger than the +0.106 sieve size and a 210.0 kilogram surface sample from CH-11 yielded one +0.075 mm stone.