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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 Jun 12, 2014 10:01pm
175 Views
Post# 22656000

RE:RE:RE:RE:Desmond selling 2 million shares in a private transaction

RE:RE:RE:RE:Desmond selling 2 million shares in a private transactionRdgeo, I love that great quote by Margaret Thatcher! On the subject of Dermot Desmond and the permits, the final permit revisions have been submitted to the Northwest Territories regulatory agency. The revisions address all of the regulatory concerns, and this process is the next step in getting the final versions of the water permit and land use permit later this year! I am not worried about Dermot. I think he is just right sizing his MPV portfolio. And Don't Forget! Deep Tuzo results in 18 days!
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