Mountain Province Diamonds Results of Seventh Diamond Sale and Exploration Update

Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX and NASDAQ: MPVD) today announces the results of its recently completed seventh diamond sale.
As quoted in the press release:

Said Reid Mackie, the Company’s Vice President Diamond Marketing, “It is encouraging to see Mountain Province’s sales process and customer bidding continue to deliver robust levels of competition.  Attendance and average bids per lot were consistent with previous sales, and this sale saw our highest level of lots won by return customers.  This demonstrates that, in spite of current trading conditions being somewhat challenging, our diamonds are becoming well established in the market and their positive manufacturing results continue to engender customer support.”

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