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 ekimon Apr 27, 2017 12:29pm

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Post# 26174542

Faraday 2 results - up in 2 weeks

MPVD showing 75% browns/Boarts...sounds like a lot like Kelvin/faraday complex.

You got to think that whole area (Gahcho Kue/Kelvin Faraday/ and DIA's undrilled targets) all come from the same source and may extrude like properties (like fluoresence, etc.).

Whatever you believe...there will be some photos and details/descriptions of a good chunk of macro stones from Faraday 2 available to the world to see come mid-May.

That create some net-new information to that whole area.

EKIM

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