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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Comment by Suntraderon Sep 28, 2013 1:47pm

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Post# 21775592

RE:RE:Ministerial approval

Thanks for the input, i am far from a newbie as i have been invested in MPV for a number of years now, just don't post too often. I do know the challenges with info from within the company however ministerial approval is from our "friends" in government. I seem to remember reading a while back in one of the releases that they felt this ministerial decision would be made by a certain time but i can't seem to find that info.

If anyone has any insight into how long this approval process is likely to take it would be most appreciated.

Thanks

Bullboard Posts

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