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

Bullboard Posts

Comment by minedog2on Jul 08, 2008 5:00pm

384 Views

Post# 15270122

RE: This changes everything

Rockingeo just wondering does anyone actually know how many tones these large drills have pulled out ? I to believe these are great numbers 9.9ct 25 ct 9.0 .Lots of large stone over the years, just given the news releases Ive been going over exact tonnage is hard to determine.

My vote is still with going to production by the way .I just cant see getting a great deal out of debeers .But maybe someone will buy them off the prop.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario