TORONTO, Nov. 13, 2018 (GLOBE NEWSWIRE) — The Prospectors & Developers Association of Canada (PDAC) is excited to announce that six top international and domestic performers have been selected in recognition of their excellence.
Now in its 41st year, the annual PDAC awards showcase exceptional leaders in the mineral exploration and mining community. Recipients will be celebrated at an Awards Gala & After Party at the Fairmont Royal York Hotel in Toronto on Tuesday, March 5 during the PDAC 2019 Convention. Congratulations to the award recipients for their outstanding accomplishments.
Bill Dennis Award: Peregrine Diamonds Ltd, Chidliak Diamond District
In 2008, the Peregrine Diamonds exploration team made the grassroots discovery of the Chidliak Diamond District, near Iqaluit on Baffin Island, Nunavut–Canada’s second largest kimberlite district. Exploration programs and engineering studies completed between 2008 and 2018 led to the discovery of 74 kimberlites, one of which has a 17.96 million carat inferred mineral resource with an average grade of 2.41 carats per tonne and average diamond value of US$151 per carat, with six other kimberlites having economic potential. Continue Reading →