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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.


TSX:MPVD - Post by User

Mountain Province Diamonds Inc
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Post by diamondminderon Apr 07, 2009 7:10pm
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Post# 15903420

News Article in Financial Post about diamond indus

News Article in Financial Post about diamond indushttps://www.canada.com/business/fp/LOSING+LUSTRE/1423868/story.html

"When Prime Minister Stephen Harper flew north to Nunavut in the summer of 2006 to officially open the territory's first diamond mine, there was serious talk that Canada's North would be the "next Alberta." ...the prognosis didn't seem like such a stretch...In fact, a number of reports were predicting that as many as a dozen diamond mines would be operating in Northern Canada by 2020..."


https://www.canada.com/business/fp/LOSING+LUSTRE/1423868/story.html

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