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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

Post by diamondminderon Jul 22, 2008 1:26pm
320 Views
Post# 15317430

A timeline of the Gahcho Kué Diamond Project

A timeline of the Gahcho Kué Diamond Project

For Your Information.....

Mountain Province recently updated its homepage.

There are pictures of the TUZU Diamond to see and there is a ``Gahcho Kué Kimberlite Cluster Map`` to examine.

The homepage outlines a timeline for the Gahcho Kué Diamond Project at the link: https://www.mountainprovince.com/company/visionValues31.php

MPV`s posted timeline reads:

  • Complete advanced exploration program - 2008
  • Secure construction and operating permits - 2008
  • Complete bankable feasibility study - 2008
  • Commence mine construction - 2009
  • Commence commercial production - 2011
  • Achieve full production - 2012

Feedback & Comments are always welcome!!

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