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 tinytoton Mar 29, 2019 12:48pm

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Post# 29554992

RE:RE:RE:RE:hey, Mac, screen change question

tinytot wrote: Even if we say that the additional ore will be 40% fines, we will still only need to process 24,000/0.6 = 40,000 more tons.
/quote]
Mac, do you think, from your understanding of the numbers, that the above is roughly correct? That with only about 40,000 more tons of production we can make up for the revenue lost by discarding the -1.25mm fines?

I'm not asking for a quote from the company.

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How a junior advances one of the largest undeveloped diamond projects