Mountain Province’s Gahcho Kue Receives Land Use Permit

Diamond Investing

De Beers Canada Inc. and Mountain Province Diamonds Inc. (TSX:MPV,NYSEMKT:MDM) announced that the Mackenzie Valley Land and Water Board has issued Gahcho Kue a Type A Land Use Permit.

De Beers Canada Inc. and Mountain Province Diamonds Inc. (TSX:MPV,NYSEMKT:MDM) announced that the Mackenzie Valley Land and Water Board has issued Gahcho Kue a Type A Land Use Permit.

Further, it has sent the project’s Type A Water License to the Northwest Territories’ minister of environment and natural resources for final approval.

Tony Guthrie, CEO of De Beers Canada, commented:

This represents one of the final regulatory steps for the Gahcho Kué diamond mine and is the result of very hard work by the Project team over the past eight years with the Board, Regulatory agencies, Aboriginal parties, Communities and other Stakeholders. We will continue to develop the Project responsibly in keeping with the principles of sustainable development, including protection of the environment, and with respect for Aboriginal culture and traditions.

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

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