Mountain Province Receives Permit For Kennady Diamond Project

Mountain Province Diamonds Inc. (TSX:MPV,NYSE:MDM) announced it has received a Type A Land Use permit for the Kennady North diamond project.

As quoted in the press release:

Plans are in place for two drill rigs to be mobilized to Kennady North with the first rig focussed on in-fill drilling along the Kelvin – Faraday kimberlite corridor, where a number of high priority drill targets have been identified. The diamondiferous Kelvin, Hobbes and Faraday kimberlites, located approximately 10 kilometers from the De Beers JV at Gahcho Kué, were discovered in the early 2000′s. The second drill rig will test approximately twelve newly discovered kimberlite targets that are accessible during summer. The remainder of the high priority targets will be tested during a second phase winter drill program which will be conducted in early 2013.

Mountain Province’s President and CEO, Patrick Evans said:

Our priority at Kennady North is to define a resource along the Kelvin – Faraday kimberlite corridor. The close proximity of these kimberlites to the Gahcho Kué mine, currently being permitted with JV partner De Beers, raises the potential for them to add to the projected mine life. We will also be testing a number of newly discovered high priority geophysical targets that correspond with unexplained kimberlite mineral trains not associated with the known kimberlites at Kennady North.

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