31 August 2022
TORONTO and NEW YORK, Aug. 31, 2022 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) announces the upcoming sale of an exceptional, coloured large rough diamond recovered from the Gahcho Kué mine, located in Canada's Northwest Territories.
The diamond, a 151.60 carat octahedron of exceptional clarity will be offered for sale alongside a selection of more than 90 individual special rough diamonds recovered from the Company's Canadian Diamond mine. The upcoming sale represents the largest offering of +10.8 carat gem quality diamonds offered by the Company to date.
"This important diamond represents a clear example of the Gahcho Kué Mine's ability to consistently recover high quality gems of exceptionally large size. These gems are highly coveted by collectors around the globe not only for their beauty but increasingly, for their Canadian origin."
Viewing of the offered diamonds will take place during Mountain Province's September sale being held at Bonas Group's offices in Antwerp, Belgium from Monday September 5th to Friday, September 16th, 2022. Also included in the offering are the Company's customary run-of-mine assortments.
Mountain Province's Gahcho Kué Mine is located at the edge of Canada's Arctic Circle. From the start of production in late 2016 the mine has established itself as a regular source of exceptional, gem quality, large diamonds.
Interested buyers are advised to contact Bonas-Couzyn on +32 (0)3 233 70 80 to arrange an appointment.
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories. The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls 106,202 hectares of highly prospective mineral claims and leases that surround the Gahcho Kué Joint Venture property that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.