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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 Aug 17, 2012 3:31pm
371 Views
Post# 20230952

nnsl article that mentions Gahchokue

nnsl article that mentions Gahchokue

https://www.nnsl.com/frames/newspapers/2012-07/jul27_12sn.html

De Beers is going full speed ahead with its second NWT diamond project Gahcho Kue, located 80 km southeast of Snap Lake.

"The big landmark for De Beers next is the permitting of the Gahcho Kue project with our joint venture partner Mountain Province," Bolstad said.

"So we're focused right now on successfully permitting that project. That's our next big thing and Canada's next greatest diamond mine."

A public hearing for Gahcho Kue is scheduled to take place at the end of this year as part of the diamond project's environmental impact review.

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