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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 satchmo6on Sep 23, 2023 10:13am
199 Views
Post# 35650618

RUSSIAN DIAMONDS Grib mine

RUSSIAN DIAMONDS Grib mineArchangel had spent millions of dollars exploring the pipe, apparently discovered in 1993 by Vladimir Grib, a fellow described by some of his peers as "a good geologist and a great drinker." Depending on one's perspective, Mr. Grib was either a dullard or a wizard at promotion, given that his paperwork left enough grey areas that the oligarchs who moved in were able to blast apart Archangel's claim to have earned title to Grib -- which they did once the Grib project was sufficiently advanced to cut Archangel out of the loop.
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