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As NME notes, the Hole singer said she was shocked by the recent death of the 25-year-old writer and socialite, in which toxicology reports found heroin played a role.
Speaking to Grazia, Love said the news was "so f--king tragic."
"This girl was so vivacious, so full of life and it's weird and horrible that she has passed away," she added.
Love then went onto say that she was not surprised to learn that the use of heroin had been linked to her death. "But then I read heroin was involved and I was not shocked," she said. "I know how Peaches liked opiates."
She recalled a time in 2010 when Geldof was living in Los Angeles and came to see Love at the Chateau Marmont hotel. Love claimed that Geldof was with a friend who had a bag full of prescription drugs which included "hillbilly heroin" Oxycontin. "My drug was heroin, I stopped taking it in the '90s," she said. "But I have taken the pills, the Roxycontin, Oxycontin. Peaches was in my room with a friend who had a bag full of these drugs ... like 500 pills and I wanted it so badly...
"I had to physically push Peaches and her friend out the door," she continued. "I was shaking and I kept thinking of the way her mother died and I thought I owe it to this girl to be an example. I was trying to help her, I was trying to mentor her, but at that point in her life, it proved to be impossible. Now the parallels to her mommy are horrific. It terrifies me for my own child."
An inquest into Peaches Geldof's death has been postponed to July 23.