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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

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

Comment by arlekinoon Jul 20, 2017 3:02pm
205 Views
Post# 26492023

RE:RE:Mountain Province Diamonds best Canadian takeover prospect

RE:RE:Mountain Province Diamonds best Canadian takeover prospect Diamonds: They've been in the news lately, from the Washington Group's sweetened bid for Dominion Diamond Corp (DDC-T) to Rio Tinto's investment in Shore Gold's Fort a la Corne project in Saskatchewan. Dominion is the successor company to Aber Resources, which discovered the Diavik diamond mine that helped establish Canada on the diamond map. Gahcho Kue will also keep Canada on the diamond map for many years to come. "If a business does well, the stock eventually follows."
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