VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/08/11 -- Peregrine Diamonds Ltd. ('Peregrine' or 'the Company') (TSX: PGD) is pleased to report the discovery of a third kimberlite, named Q3, by reverse circulation ('RC') drilling on the Company's 100 percent-owned, 437,000 hectare Qilaq project ('Qilaq' or 'the Project') on Baffin Island, Nunavut, Canada. Qilaq is located on Hall Peninsula, northeast of Iqaluit
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