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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 27, 2014 7:17pm
228 Views
Post# 22496256

RE:RE:RE:RE:Margaret Lake Diamonds

RE:RE:RE:RE:Margaret Lake DiamondsCats. I don't get the impression that the TIGs want to be operators and stake claims directly. They can evaluate Patrick Evans' and Brockington's performances, and evaluate the geological results, and then make investment decisions (just like us). I think they are happy to be major diamond mining investors, and let the company CEOs worry about day to day operations. I promise I will get to the Margaret Lake Diamonds technical report. I think increasing my geological knowledge will help me have a better understanding of Gahcho Kue also! I am really excited about the overall Kennady Lake area !!!
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