Peregrine Diamonds Ltd. is a mineral exploration company. The Company has interests consisting primarily of diamond exploration properties located in Nunavut and the Northwest Territories in Canada. The Company�s primary exploration properties are the Chidliak diamond project (Chidliak) on Baffin Island in Nunavut and the WO property (WO) located in the Lac de Gras region of the Northwest Territories. The Company has 100% interest in the Chidliak diamond project. The Company holds a 72.11% interest in WO. Other mineral exploration properties include a diamond and metals exploration project on Baffin Island known as Qilaq, the Nanuq and Nanuq North diamond projects located in Western Churchill Province of Nunavut, and interests in additional diamond exploration properties in the Lac de Gras region near WO. Chidliak consists of over 750 claims covering approximately 748,000 hectares.