Mountain Province Diamonds’ primary asset is its 49% interest in the Gahcho Kué Mine, a Joint Venture with De Beers Canada, who holds a 51% interest and acts as the operator.
Mountain Province Diamonds also holds 100% of Kennady North, an advanced diamond exploration project that surrounds Gahcho Kué. The Kennady assets include three kimberlites for which resources have been estimated. These kimberlites are located less than ten kilometers from the Gahcho Kué Mine.
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57.00 Carat Rough Diamond |
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Gahcho Kué is one the world's largest diamond mines by carats produced annually, and consists of several kimberlites that are actively being mined, developed, or explored for future development. The Gahcho Kué joint venture covers an area of 5,216 hectares of mining leases, but the mine has been designed to ensure a compact footprint on the earth with energy-efficient buildings. The Gahcho Kué Mine produces roughly six million carats of diamonds a year, but its surface footprint is just under 1300 hectares.
The Kennady North project is an advanced diamond exploration project that surrounds the Gahcho Kué Mine, covering an area of 106,202 hectares. Three kimberlites have estimated resources and are located less than ten kilometers from the Gahcho Kué Mine.
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