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 13, 2014 8:52pm

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Post# 22446000

RE:RE:RE:RE:RE:RE:Gacho Kue Profitability

Catsafterme, I am sure you are right! However, there are 2 parties that want Renard to go forward, The CEO of Stornoway and the Province of Quebec! I am asking the Canadians. Isn't it true that Ontario and Quebec are very competitive with each other? I believe that Quebec really wants a diamond mine, even if the diamond deposit is not particularly rich and economic It is a question of honor to the French Canadians. If I am wrong, I am really interested in the Canadian opinions.

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