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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Post by Chattycon Nov 26, 2015 2:24pm

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Post# 24328839

Latest Photos are Impressive, as is the IRR

Mountain Province Diamonds Construction Photos......... Target for start of production - Q3 2016.......... https://www.mountainprovince.com/project/photos................ Corporate Presentation, Nov 2015...... https://www.mountainprovince.com/files/9614/4659/2699/MPV_Presentation_November_2015.pdf........ Worlds largest and richest new diamond mine Partnered with De Beers Best in class - projected highest margin diamond mine in production Project +78 percent complete Fully funded to production Additional 23% cash in cost-overrun account Potential to be a Tier 1 asset +20 year LOM, +$20 Billion in situ value

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