Mountain Province Diamonds Announces First Quarter 2018 Production Results
TORONTO and NEW YORK, April 24, 2018 - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces production results for the first quarter ended March 31, 2018 from the Gahcho Kué Diamond Mine ("GK Mine").
Q1 Production Highlights
In the first quarter of 2018, the GK Mine plant recovered approximately 1,641,000 carats on a 100% basis for an average grade of approximately 2.09 carats per tonne, 89% and 18% higher than what was achieved during the same period last year respectively.
Pre-stripping of the Hearne pit continued on schedule during the quarter and the operations team anticipates mining first ore by the end of April.
The shovel and trucks included in the guided capital expenditures were delivered to site in the first quarter. Assembly and commissioning of the shovel is complete, and the completion of the truck fleet is expected by end of the second quarter.
- Published: 24 April 2018
- Written by Editor