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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

Post by dabard51on Jun 28, 2016 4:17pm
247 Views
Post# 25006070

Larger Diamonds at GK

Larger Diamonds at GKI presume they will find what they look for, hence the DMS design for the GK plant.

On the Other Hand, the Foxfire diamond out of Diavik (188 ct) was a lucky surprise.  Would be interesting to see the probability of finding one that large in the 12 or so years of mining that Diavik has been operating, based on their size distribution projections.  The 'experts' say that there shouldn't be diamonds that big in Canada, but here we are...

https://niceice.com/foxfire-diamond-almost-crushed/

https://www.bloomberg.com/news/features/2016-05-18/freakish-diamond-pulled-from-sub-arctic-ice-is-about-to-go-on-sale
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