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.

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Mountain Province Diamonds Inc

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Comment by DenvCol1on Apr 12, 2014 8:05am

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Post# 22443183

RE:RE:RE:Stornoway Streaming deal

Valuespotter, I absolutely agree with you concerning $15 to $20 per share for MPV at production. I am not as sure about the KDI stuff though, although it could contribute to the final deal. However, Kahcho Kue is so rich, I don't think it needs North Kennady Lake. Yes, the TIGS will be rewarded, but so will we! I can hardly wait for Tuzo! In addition, let's get past this "bump in the road" with the financial markets.

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