Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.

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Mountain Province Diamonds Inc

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Post by diamondminderon Apr 08, 2010 4:40pm

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Post# 16971667

All the latest from Uncle Desmond!!

Here is an interesting article by Emmet Oliver about Dermot Desmond from a Dublin paper called The Independent

Comments & Queries are always welcome

https://www.independent.ie/business/irish/desmonds-diamond-stake-up-140pc-2129316.html

"Entrepreneur Dermot Desmond has seen his stake in Canadian diamond company Mountain Province Diamonds rise in value by more than 140pc in a year..."

"...Desmond's stake now standing at 21.4pc, held through a company called Bottin Investments."

"...Gahcho Kue diamond project [is] one of Canada's largest diamond deposits. "

https://www.independent.ie/business/irish/desmonds-diamond-stake-up-140pc-2129316.html

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