PEREGRINE METALS

Mineral Exploration Company focused on exploring and developing the large "Altar"​ porphyry copper deposit in Argentina. The company was acquired by Stillwater Mining Company on October 4, 2011.Peregrine Metals holds a 100% interest in the Altar property, subject to a one percent NSR royalty granted to Rio Tinto and another one percent NSR royalty granted to the underlying concession owners that may be purchased by Peregrine Metals from the underlying owners at any time for US$1 million. The Company also holds under option a 100% interest in the Rio Cenicero property which surrounds the Altar property, subject to a one percent NSR royalty granted to the Instituto Provincial de Exploraciones y Explotaciones Mineras. -