Peregrine Diamonds Limited (Peregrine) is an exploration-stage company, which is focused on the exploration, development and recovery of minerals and precious gems. Peregrine’s mineral properties include Baffin Island, Nanuq and Nanuq North properties, WO Property, Lac de Gras East, Lac de Gras West, Pellatt Lake property, TW and IM properties, and BHP Falcon System. The Company has a 71.85% interest in a joint venture formed to explore for diamonds at the WO project. Peregrine has acquired a 100% interest in certain mineral exploration claims with an aggregate are of approximately 206,400 hectares located in the Northwest Territories, Canada known as the TW and IM properties. The WO property comprises 14 mineral claims and three mineral leases covering an area of 15,107 hectares. The Nanuq and Nanuq North consists of 320 mineral claims covering 313,859 hectares, which are 100%-owned by the Company.