Mountain Province Diamonds reports year end 2017 reserves and resources and files technical report

26 March 2018

Mountain Province Diamonds Inc. announced the company’s year end 2017 statement of estimated mineral reserves and mineral resources. The company has also completed an updated technical report in support of the statement of estimated mineral reserves and mineral resources, entitled Gahcho Kué Mine NI-43-101 Technical Report and dated March 16, 2018, as prepared and completed by JDS Energy & Mining Inc. The 2017 technical report was filed by the company on SEDAR on March 26, 2018, and concurrently on EDGAR under Form 6K. The 2017 technical report can also be found on the company’s website at www.mountainprovince.com.
Total estimated probable mineral reserves for the Gahcho Kué diamond mine at December 31, 2017 include 31.5 million tonnes, 49.4 million carats, and 1.57 carats per tonne. Total estimated mineral resources for the Gahcho Kué diamond mine at December 31, 2017, exclusive of estimated mineral reserves, include indicated resource of 1.8 million tonnes, 2.6 million carats, 1.42 carats per tonne, and inferred resource 12.8 million tonnes, 18 million carats, 1.40 carats per tonne.