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    Mountain Province Completes Kennady North Exploration Program

    Georgia Williams
    May. 24, 2018 05:40AM PST
    Gem Investing

    Mountain Province Diamonds, has announced the completion of the winter drilling program at their Kennady North Project. The wholly-owned Kennady North Project was recently acquired through a business combination with Kennady Diamonds.

    Mountain Province Diamonds (TSX:MPVD,NASDAQ:MPVD), has announced the completion of the winter drilling program at their Kennady North Project. The wholly-owned Kennady North Project was recently acquired through a business combination with Kennady Diamonds. Mountain Province Diamonds is a Canadian-headquartered diamond mining company, and a 49 percent participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada’s Northwest Territories.

    As quoted from the press release:

    Three drill rigs have been active on the program, with one drill dedicated to delineation drilling on Faraday 2, a second drill dedicated to geotechnical drilling on the Faraday kimberlites, and the third drill testing exploration targets within the Kelvin-Faraday Corridor. A total of 38 drill holes were completed for a program total of 6,826 metres.

    Delineation drilling on the northwest extension of the Faraday 2 kimberlite has been completed. The northwest extension, discovered in 2017, extends the Faraday 2 kimberlite by over 150 metres, with geologic units in the inferred resource continuing into the northwest extension. The completed drilling is expected to advance the Faraday 2 pipe shell model to an inferred level of confidence.

    “The goal of the Faraday geotechnical program was to complete drilling that will advance the Faraday kimberlites from a scoping-level to a pre-feasibility level of confidence in terms of geotechnical analysis. In this respect the program was very successful, with all of the planned drill holes and associated geotechnical surveys, ground water sampling and other required testwork completed,” said Dr. Tom McCandless, technical advisor at Mountain Province.

    Click here to read the full press release

    de beers canadacanadatsx:mpvdnorthwest territoriesnasdaq:mpvd
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