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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Comment by tinytoton Sep 12, 2018 7:12pm

128 Views

Post# 28608795

RE:MPVD carat value not all bad

This gets my vote for the best posting on this forum in the last 12 months.

Too bad it did not come from MPVD management.

Macloud1 wrote:
Quarter 1

a value $203.18 C per carat or $154.41 US at an average grade of 1.25 carats per ton.

Quarter 2

a value $138,67 C per carat or $105.39 US at an average grade of 1.24.6 carats per ton.

Quarter 3

a value $156.89&nbsp C per carat or $119.23 US at an average grade of 1.29 carats per ton.

So far this year

an average of $158.45 C or $120.42 US per carat and an average grade of 1.26 carat per ton.