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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

Comment by Shnappson Nov 06, 2013 7:23pm
331 Views
Post# 21883093

RE:RE:RE:Permiting

RE:RE:RE:PermitingMinedog you say "These Bureaucrats are no different than lawyers or vampires let them in the door they will suck the life out of you . Does anyone really they will not milk this for all it's worth . Why would they approve a mine in 4 month when you can get 4 years pay for the same thing .
A very p,d off minedog"


Actually I think the beaucrats in the NWT are pretty good.   They have a lot on their plate and an approved permit is a lot more work than a permit waiting for approval.   I think everyone ( maybe even DB) want GK to proceed a quickly as possible.  
Remember if DB had not elected to dispute the need for an inevitable EIS to the supreme court ( possibly a tactic to pick up MPV cheap)  we would be mining now.
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