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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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Comment by cbriton Sep 18, 2009 1:18pm
370 Views
Post# 16318987

RE: RE: NEWS?

RE: RE: NEWS?MPV isn't your average resource stock with 200k shares outstanding. Yes it's tightly held so there is definitely something in the works. From what I've been told by Evans in the past, nothing is happening on site until the feasibility and EIA is done. There are no drill results coming, no BIG diamond news or anything of that sort. No feasibility or environmental news since we;ve been told about a year to complete.SO..... it must be related to the contract, partnership, or an ultimate buyout.

cb
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