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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 maccon Jun 07, 2004 10:35pm
171 Views
Post# 7583118

RE: tig and average cost

RE: tig and average costDepucks have been looking for stones in the great white north for quite a while.They probably think Diavik and Ekati should be theirs.Smarting badly.Now they jump on Snap Lake in some sort of desperation and get a little less value then they'de hoped for.Cry me a river.The Kennedy Lake play is a good play that will be a mine some day.Fact!But Depucks are much more leary with Kennedy Lake because of Snap Lake snaffu.It's a matter of time before they buy out MPV.Most of us say this will happen sooner than later. Tell you what Chucky.Sell me any shares you might have in MPV and in any case you must then go kill yourself.Alright buddy!
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