StockTake: Peregrine identifies new CID prospect at Newman

Stockhead’s Tylah Tully looks at developments out of Peregrine Gold (ASX:PGD), which has uncovered a second major channel iron discovery at its Newman project in WA.

The new Carneys prospect includes just over one kilometre of iron-rich outcrop already mapped at surface.

Surface sampling has already returned grades up to 60% iron, averaging around 55% with low impurities.

Watch the video to learn more.

This video was developed in collaboration with Peregrine Gold, a Stockhead client at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.