Mountain Province Diamonds Announces Filing of Gahcho Kué Definitive Feasibility Study
9 December 2010
Mountain Province Diamonds Inc.has announced the publication of a technical report on the Gahcho Kué Project. Commenting, Mountain Province President and CEO Patrick Evans said: "The feasibility study delivers an economically viable, technically credible and environmentally sound development plan for the Gahcho Kué Project. Our immediate focus now is the completion of the Gahcho Kué Environmental Impact Statement, which will be filed with the Mackenzie Valley Environmental Review Board before the end of the year."
Mountain Province is a 49% participant in the Gahcho Kué JV with De Beers Canada (51%). Located in Canada’s Northwest Territories, the Gahcho Kué Project consists of a cluster of kimberlites, three of which have a probable mineral reserve of 31.3 million tonnes grading 1.57 carats per tonne for total diamond content of 49 million carats.