Mountain Province Confirms Gahcho Kue Production Set for Q3 2016

Mountain Province Diamonds Inc. (TSX:MPV,NYSEMKT:MDM) provided an update on the Gahcho Kue diamond project, a joint venture with De Beers Canada.

In the update, Mountain Province explains that contrary to the news that Gahcho Kue might not achieve first production until 2017, “first production remains on schedule for Q3 2016.”

As quoted in the press release:

As at the end of February 2014 the overall project was 17 percent complete and first production remains on schedule for Q3 2016. In a statement issued on March 21, 2014, and available on www.debeersgroup.com, De Beers confirmed that there has been no change in the project schedule and that ‘both partners are happy with the progress to date’.

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