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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 Shnappson Nov 11, 2019 8:37pm
120 Views
Post# 30337525

RE:RE:RE:Their main problem: The price per carat reached never the

RE:RE:RE:Their main problem: The price per carat reached never the Macloud says..."That is why they wanted the KDI porperty because we will be going through a lot of low grade ore to develop Tuzo and they knew that. By incorporating the Tuzo ore it will offset the shortfall."

MPVD have no idea of the KDI grade or even if the resource is feasible.   Stop with the Bee SSS.
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