25 September 2014
De Beers Canada and Mountain Province Diamonds (TSX: MPV, NYSE MKT: MDM) are pleased to announce that the Operator of the Gahcho Kué Project has received approval of the Type A Water Licence by the Minister of Environment and Natural Resources (ENR) of the Government of the Northwest Territories (GNWT), the Hon. Michael J. Miltenberger.
Tony Guthrie, CEO of De Beers Canada:
“This is another important milestone for Gahcho Kué and we want to thank the Minister for his review and approval of the water licence in such an efficient manner. The Gahcho Kué Mine represents a significant investment which will result in employment and business opportunities that will contribute to the economic growth and prosperity of the Northwest Territories.”
Patrick Evans, CEO of Mountain Province Diamonds, added:
“On behalf of our board and the shareholders of Mountain Province I extend our appreciation and thanks to the Operator of the Gahcho Kué Mine, De Beers Canada, for successfully guiding the project through the regulatory process.