Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13555)	10/15/2015 9:00:43 AM
From: Goose94	Read Replies (1) \| Respond to of 203382

Mountain Province Diamonds (MPV-T) Oct 15, '15 is pleased to announce the appointment of Reid Mackie to the position of Vice President Diamond Marketing effective today, October 15, 2015. Mr. Mackie joins Mountain Province Diamonds from Rio Tinto Diamonds where he held the positions of Manager Sales and Marketing for Argyle Pink Diamonds in Perth, Australia (2011 to 2015) and Senior Executive Trader in Antwerp, Belgium (1999 to 2010). At Argyle Mr. Mackie was responsible for the pricing and sales of all Argyle pink polished diamonds including the Argyle pink diamond tender. In Antwerp Mr. Mackie was responsible for the valuation and sales of rough diamonds from the Diavik, Argyle, Murowa, Ellendale and Merlin diamond mines. Mountain Province President and CEO Patrick Evans commented: "We welcome Reid to Mountain Province at a very exciting time for the company as we begin to prepare for the first sales of diamonds from the Gahcho Kué diamond mine. His considerable experience in taking new mine production to the market will benefit Mountain Province greatly as we seek to maximise revenue from our share of the Gahcho Kué production." Mr. Mackie is a graduate of the University of British Columbia (B.A., 1994). Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories. Gahcho Kué is the world's largest and richest new diamond mine. The Gahcho Kué Project consists of a cluster of four diamondiferous kimberlites, three of which have a probable mineral reserve of 35.4 million tonnes grading 1.57 carats per tonne for total diamond content of 55.5 million carats. A 2014 NI 43-101 feasibility study report filed by Mountain Province (available on SEDAR) indicates that the Gahcho Kué project has an IRR of 32.6%. The Gahcho Kué diamond mine is expected to produce an average of 4.5 million carats a year over a 12 year mine life. Qualified Person This news release has been prepared under the supervision of Carl G. Verley, P.Geo., who serves as the qualified person under National Instrument 43-101. SOURCE Mountain Province Diamonds Inc. Mountain Province Diamonds Inc., Patrick Evans, President and CEO, Phone: (416) 361-3562, E-mail: info@mountainprovince.com , www.mountainprovince.com