4 March 2015
Toronto and New York: March 4, 2015 – Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX: MPV, NASDAQ: MDM) is pleased to announce the diamond recovery results from the 2014 Tuzo Deep drill program.
In July 2013 Mountain Province released an updated independent National Instrument 43-101 resource statement for the Gahcho Kué project incorporating the results of the 2012 Tuzo Deep drill program. The Tuzo resource from a depth of 300 meters to 360 meters was upgraded from an inferred resource to an indicated resource, extending the indicated resource from surface to a depth of 360 meters. In addition, an inferred resource was declared for Tuzo Deep from a depth of 360 meters to 564 meters below surface.