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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 DenvCol1on Apr 26, 2014 11:02pm
203 Views
Post# 22495157

RE:RE:Margaret Lake Diamonds

RE:RE:Margaret Lake DiamondsCats, there is a technical report in the Margaret Lake website that I need to examine. For right now, though, I have been very impressed with the 3 rich kimberlite pipes at Gahcho Kue, and what appear to be 2 rich kimberlite dykes at North Kennady Lake. I think there is a good chance that there will be additional diamond bearing kimberlite bodies in Margaret Lake's extensive lease area (in the North Kennady Lake area). More to come down the road.
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