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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 May 12, 2014 10:03pm
212 Views
Post# 22553348

RE:RE:RE:Tuzo

RE:RE:RE:TuzoShakers, Mountain Province has said previously that the Tuzo results would be out by May 31. The May 15 information, then, may present the results of the 3 hole drilling program, without the analytical results. However, if the 3 holes hit kimberlite at 750 meters, it is likely that the grade will be similar to the grade at 564 meters, namely about 1.6 carats per tonne. It is all coming together!
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