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.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc

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Comment by tinytoton Apr 26, 2017 7:13pm

173 Views

Post# 26171356

RE:Re: Jasux, if you please - Redux

Jasux2001 wrote:
My math suggests that MPVD will need to generate gross sales around USD$250M for at least first 2 years.

Thanks a lot.

I appreciate your doing this.

Basically this says that, IYO, they need to average $25M per sale.

Let me know your preferred date for Rockome Gardens (May or October are wonderful months, but any in month, the time spent there is precious,) and I'll see what I can arrange. I think they have lemon soda in May.

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