Peregrine Metals Ltd. (Peregrine), together with its subsidiaries, is a Canada-based mining company. The Company is engaged in the exploration, development and recovery of base and precious metals. The Company's interests consisting primarily of a group of adjoining copper and gold exploration properties, known as the Altar Project, which is located in San Juan Province, Argentina. Peregrine also owns an exploration property, known as the Pampa del Toro Property, which is located in the Acari District, Department of Arequipa, southern Peru. The Company holds title to two mineral concessions, which include Pampa del Toro 1 and Pampa del Toro 2 (the Pampa del Toro Property) located in the Acari District, Department of Arequipa, southern Peru and covers a total area of 1,700 hectares. In March 2010, Peregrine acquired a 100% interest in two mineral concessions totaling 2,847hectares located in San Juan, Argentina. On October 2011, Stillwater Mining Company acquired Peregrine .