Peregrine Gold Completes maiden drill program at Newman, WA
- Peregrine Gold (PGD) completes a maiden drill program at its Newman gold project in Western Australia
- All up, 92 holes were drilled at the Birdsnest, Tin Can and Peninsula prospects to better understand the structural controls on the gold deposition
- Assays are now pending, though Peregrine says no instances of visible gold were identified in the holes
- Peregrine is currently undertaking a costean program at Birdsnest and has lodged a program of work for close-spaced diamond drilling at Peninsula with the DMIRS
- Shares in Peregrine are down 30.25 per cent and trading at 41.5 cents at 3:28 pm AEDT