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. Its other mineral exploration properties include Qilaq, the Nanuq and Nanuq North diamond properties located in Western Churchill Province of Nunavut. In addition, it holds approximately 10 diamond exploration licenses in Botswana. Chidliak is located approximately 120 kilometers from Iqaluit, the capital of Nunavut, Canada on Baffin Island and consists of over 500 claims covering approximately 513,000 hectares. Lac de Gras holds over 10 mining leases covering an area of approximately 8,500 hectares, which consists of over three properties: WO, Lac de Gras Thelon and Lac de Gras Peregrine. It has not generated revenues from operations.