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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 Chattycon Mar 11, 2016 3:33pm
176 Views
Post# 24649697

RE:RE:RE:GK site visit tomorrow

RE:RE:RE:GK site visit tomorrow
What exactly is it that you people complaining about lack of news and updates is it that you want to see??............ I went to the website just now and the Q1 2016 Corporate Presentation is there with all kinds of up to date information, pretty modern looking pictures in it of the plant etc and just imagine we are actually in Q1 of 2016. It says that they are 85% finished, when production starts, and on and on. 85% is getting close to 100% done........we are certainly closer to the end of the race than the beginning!!....................What is it you expect news on, " we painted this blue, painted this part orange today, installed this, tightened and fastened this and that, the lights work, the heat is on................................................Corporate presentation says the heavy construction is complete, that ore mining began end of 2015 etc etc........... They are probably busy busy..... just imagine arranging the site visit and time consumption for that alone. The PDAC as well. Please tell me what it is you need news on, remembering that MPV are not running a newspaper but now at the latter stages of the mine plant completion readying everything for start-up of production. You know the story inside out. It is "Hurry Up and Wait" at this point. When something of a material change takes place I am sure MPV (alias Patrick Evans) will only be too glad to tell the world!!
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