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 Macloud1on Jan 08, 2020 3:28pm

152 Views

Post# 30531842

RE:RE:RE:RE:RE:Exploation at Gahcho Kue

Diamhunter, so whee is it exactly that you got this information that Desmond and his buddies have been buying up the bonds. Strange they were offerered in December of 2018 and there was only 330,000,000 dollars worth that were all bought up. Desmond managed to get only 60,000,000 dollars worth. Is there a trading platform shows the trading of these bonds. I know for sure the company has bought back and cancelled at least 30,000,000 dollars worth.

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