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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

Post by DenvCol1on May 25, 2014 10:57pm
269 Views
Post# 22597030

Big Week for Mountain Province!

Big Week for Mountain Province!I watched Patrick Evans' video again. He keeps talking about pipe extensions and a possible 20 year life for the mine. 12 years for the currently permitted mine, with plenty of time to permit the possible depth extensions to the 3 pipes (particularly Tuzo) and possible mining of the smaller Tesla pipe. This could lead to a big week for MPV because of the Tuzo News Release. Unfortunately we will have to wait until Tuesday in the U. S. to keep the process moving!
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