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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 arlekinoon Mar 28, 2019 11:01pm
93 Views
Post# 29552023

To Be or Not To Be? that is the question !!!

To Be or Not To Be? that is the question !!!We also then said to De Beers that’s exactly why we want to do the cut-off change. We want to move up the value chain we want to move our every value that we recover off the mine up into the larger sizes. So the bottom cutoff has that effect on doing that. And then what technology can we introduce into the mine to lower our cost to keep our margin there.
From

Earnings Call Transcript MPVD


Mega Diamond Recovery (MDR) and sub-middles XRT circuits  should be incorporated into mine design long time ago!!!! That is the answer !!!!

It's how you deal with failure that determines how you achieve success. --David Feherty
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