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 mwormseron Feb 03, 2016 12:46pm

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Post# 24520560

RE:RE:RE:RE:RE:MPV share price potential vs ? Sky is the limit!!!

Arlekino, I agree with you. I think they stopped drilling Tuzo at 750 meters. Was that Tuzo? Now were playing what ifs. What if they find a plethora of diamonds over 25 carats over 50 carats? A 25 carat diamond in the CORE is CRAZY. News gets out and the speculation of newbies goes wild. The stock market is crazy. Could be a Bre-X type deposit without the crooks. LOL. Well we know there is at least 100 million carats. martin

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