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.
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