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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 Power33on Jun 12, 2023 5:42pm
341 Views
Post# 35492389

Wow, wow, wow massive kimberlite finds everywhere

Wow, wow, wow massive kimberlite finds everywhereThis place is riddled with kimberlite. They will be mining  carats there in 50 years. Debt paid off in 2 years. A couple of hundred million dollars from de beers to buy into Kennady and minimum 75c a year dividend for god knows how many decades. This is the best news in years from mpvd, Hearne underground  looks like a total monster of a kimberlite  fund. Tuzo looks to be also really exciting given it is in an area that has never been explored before. Great days are ahead for battered long term shareholders. You heard it here first!
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