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Gold/Mining/Energy : Canadian Diamond Play Cafi

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From: Rocket Red1/31/2019 6:10:30 PM
   of 16205
 
Natedog you better put in a bid your women needs a ring :)))

Mountain Province to sell fancy 60.59-carat diamond

2019-01-31 17:59 ET - News Release
Shares issued 210,102,476
MPVD Close 2019-01-31 C$ 1.57

Mr. Reid Mackie reports

MOUNTAIN PROVINCE DIAMONDS ANNOUNCES INCLUSION OF 60 CARAT FANCY VIVID YELLOW ROUGH DIAMOND IN ITS FEBRUARY SALE

Mountain Province Diamonds Inc. will include in it its upcoming February rough diamond sale an exceptional quality 60.59-carat fancy vivid yellow rough diamond. The diamond was recovered at the company's Gahcho Kue mine in October, 2018.

Reid Mackie, the company's vice-president of diamond marketing, commented: "The discovery of this diamond demonstrates our ability to produce very large, high-quality, fancy coloured diamonds. We are thrilled to be able to include it in our upcoming sale and present our customers with the opportunity to bid for this important piece of the mine's history."

Also included in the sale will be more than 50 other large, high-quality white and fancy coloured rough diamonds. Viewings will take place between Feb. 11 to 21 at the offices of Bonas-Couzyn in Antwerp, Belgium.

Mountain Province's Gahcho Kue mine, located at the edge of Canada's Arctic Circle, is the world's largest and richest new diamond mine and since the start of production in late 2016 has established itself as a regular producer of exceptional, gem-quality large diamonds. In 2018, Mountain Province sold more than 400 individual diamonds larger than 10.8 carats.

Interested buyers are advised to contact Bonas-Couzyn on 32-0-3-233-70-80 or via e-mail with Nancy D'Haenens at nancydhaenens@bonasgroup.com, to arrange an appointment.

Mountain Province Diamonds is a 49-per-cent participant with De Beers Canada in the Gahcho Kue diamond mine located in Canada's Northwest Territories. Gahcho Kue is the world's largest new diamond mine, consisting of a cluster of four diamondiferous kimberlites, three of which are being developed and mined under the initial 12-year mine plan.

Qualified person

The disclosure in this news release of scientific and technical information regarding Mountain Province's mineral properties has been reviewed and approved by Keyvan Salehi, PEng, MBA, a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.
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