Mountain Province Intercepts Kimberlite 740 Meters Below Surface

Mountain Province Diamonds Inc. (TSX:MPV,NYSEMKT:MDM) announced that the 2014 Tuzo Deep drill program confirms that kimberlite continues to a depth of 740 meters below surface.

As quoted in the press release:

In July 2013, Mountain Province released an updated independent National Instrument 43-101 resource statement for the Gahcho Kué project, which incorporated the results of the 2012 Tuzo Deep drill program. The Tuzo resource from a depth of 300 meters to 360 meters was upgraded from an inferred resource to an indicated resource, extending the indicated resource from surface to 360 meters below surface. In addition, the 2012 Tuzo Deep drilling resulted in the declaration of an inferred resource from a depth of 360 meters to 564 meters below surface.

At the conclusion of the 2012 Tuzo Deep drill program, it was apparent that the Tuzo kimberlite remained open to depth below 564 meters, and the recently completed 2014 Tuzo Deep drill program was designed to test the kimberlite to approx. 750 meters.

Click here to read the full Mountain Province Diamonds Inc. (TSX:MPV,NYSEMKT:MDM) press release.

Get the Latest Diamond Investing Stock Information

Get the latest information about companies associated with Diamond Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

valhalla logoThe Valhalla Diamond Fund is a private mutual fund with a goal of connecting high net worth individuals and long-term retail investors who are willing to be invested for a long haul of seven to 10 years. Connect with Valhalla Diamond Fund to learn more.

Leave a Reply