ountain Province Diamonds Inc. It managed to get two large diamonds of gem quality diamond mine Gacho Quay (Gahcho Kue), which is its joint venture with De Beers Canada.
Two stone weighing 84.65 carats and 53.90 carats were discovered in April.
Mountain Province also won the bid for a fancy and special diamonds mined on the project in April 2017, so the above stones are now owned by the company. They will be part of the upcoming sales in Antwerp, Belgium.
President and CEO Patrick Evans, Mountain Province (Patrick Evans) has commented: "The diamond weighing 84.65 carats is the largest gem-quality stone that came from us today, and was a further confirmation of the fact that Gacho Quay has a large number of high-quality precious stones. Special diamond weighing 53.90 carats, it has the highest quality of all the mined rock to the present time. it is expected to reach a record price in the tender. "
Mountain Province expects to submit an updated plan to the life cycle of the mine Gacho Quay from the De Beers Canada operator, as well as an updated financial model, further analysis of pricing and diamond fluorescence, which is to prepare an external consultant. The report will be published before 31 August 2017.
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