6 February 2017
Toronto and New York, February 6, 2017 – Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX and NASDAQ: MPVD) is pleased to announce the recovery of a 67.87 carat gem quality octahedron diamond during production ramp-up at the Gahcho Kue diamond mine. This is the largest gem quality diamond recovered to date at Gahcho Kué and can be viewed at the Company’s website www.mountainprovince.com.
“The presence of large gem quality diamonds at Gahcho Kué was established during the bulk sampling when a 25.13 carat octahedron was recovered”, noted Patrick Evans, Mountain Province President and CEO. “The recovery of a 67.87 carat gem quality diamond during production ramp-up is very encouraging.”
Mr. Evans added: “Following some disruptions due to conveyor systems winterization issues, the production ramp-up at Gahcho Kué is once again progressing well and the mine is on track to achieve commercial production on schedule during the current quarter.”
Mountain Province also announced that the Company’s second sale of diamonds from ramp-up production will take place in Antwerp, Belgium, from February 20 to March 1, 2017.