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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 catsaftermeon May 08, 2014 11:11am
173 Views
Post# 22538656

RE:RE:RE:Mountain Province: Powerful Intrinsic Value!

RE:RE:RE:Mountain Province: Powerful Intrinsic Value!DenV, I wasnt complaining about DeBeers, but thanks for the reply on Permitting discussions.  I know that they are working hard to get this in production.   Why thew heck wouldnt they?  The gamemanship of yesteryear when Debeers was independant are gone, the interests are aligned, etc.-its all about cash flow.  Say it 50000 times...we are in for a transformation

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