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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 arlekinoon Jan 08, 2018 9:33pm
90 Views
Post# 27309861

RE:RE:Old exploration De Beers results from 5034

RE:RE:Old exploration De Beers results from 5034Yes , It will have a huge economical impact on revenue numbers . And if with proper marketing, example Lucara. With only selling low grade diamonds MPVD showed good Tender sale proceeds (U.S.$ million) $19.1 Said David Whittle, the company's interim president and chief executive officer: "After a successful first year of operations, Mountain Province anticipates a strong start to the new year. We have a robust product offering available for our first tender sale of 2018, and the parcel of fancies and specials from the last production split of 2017 is characterized by large, high-value and attractive stones. We look forward to bringing them to sale over the coming months." Sounds promising....
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