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 Wisdomwithageon Feb 10, 2016 4:29pm

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Post# 24545208

No Real Reason For News Releases at this Stage

Hey Mates,

Why the importance of news releases? We already know the timeline that the JV is adhering to.

How many blue chip companies rely on news releases? Very few, unless they're in trouble. MPV is one solid investment, and any sense of speculation that frequently accompanies explorers is now just a historical footnote.

For those of us who have been investors (not penny clippers) for a long time, the next 1 - 3 years is also minor in comparison with MPV's historical timeline. We'll do exceptionally well going forward, and are still young enough to enjoy MPV's success. Sit back and relax!

Blue skies ahead!

Cheers,

Brit

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