Peregrine Diamonds Ltd. is a mineral exploration company. The Company has interests consisting of diamond exploration properties located in Canada and Botswana. Its Canadian exploration properties consist of the Chidliak diamond property (Chidliak) on Baffin Island in Nunavut and the Lac de Gras project (Lac de Gras) in the Northwest Territories. Chidliak property consists of over 510 claims covering approximately 513,000 hectares. Lac de Gras property consists of properties, including WO property, Lac de Gras Thelon and Lac de Gras Peregrine. Its other Canadian mineral exploration properties include a diamond and metals exploration property on Baffin Island known as Qilaq, and the Nanuq and Nanuq North diamond properties located in Western Churchill Province of Nunavut. The Company also holds over 10 diamond prospecting licenses that cover approximately 661,000 hectares in over six separate project areas in Botswana. The Company has not generated any revenues from its operations.