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Peregrine Metals
A Copper and Gold Developer in Argentina
Symbol

PGM

Exchange

TSX

Share Price

$0.80

June 4, 2010
Diluted Shares (millions)

145.7

March 31, 2010
Diluted Capital (US$millions)

$116.5

March 31, 2010
Primary Metal

Copper

BUSINESS SUMMARY

Developing Altar, its 100% owned copper-gold project located in the San Juan Province of Argentina. The company is fast-tracking an initial SW-EX heap leach feasibility study to take advantage of a near surface oxidized supergene blanket of mineralization. Strong technical management team in place indicates the company means business. [Tom Szabo] [June 4, 2010]

NEWS / INFO
The Metal Augmentor Take

We are looking into this company as a long term play that should garner market addition as it moves forward with development. Having IPO'd earlier this year means the company isn't on most investors' radar. The company hasn't spent much time on evaluating the gold potential of property but will probably do so in the near term and that could be a major driver for the share price. [Tom Szabo] [June 4, 2010]

The Analyst Take