Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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.

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Mountain Province Diamonds Inc

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Comment by DenvCol1on Jun 16, 2015 5:44pm

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Post# 23837337

RE:RE:AGM

Diamondminder, theses are all great questions for the AGM and Patrick Evans. I am particularly interested in the time extensions to the mine. We already know that the Tuzo pipe goes below a depth of 740 meters. With the potential of Tuzo going below 800 meters, and possible extensions to the other pipes below the planned depths of mining, I still believe that Gahcho Kue could have a total resource base in the range of 80 to 100 million carats. Tuzo is truly an extraordinary kimberlite pipe. Are wee looking at a total mine life of 20 to 25 years? Denv.

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