Business
Mountain Province Diamonds Adds Strategic Claims to the Kennady North Project
Mountain Province Diamonds Adds Strategic Claims to the Kennady North Project C...
About this update from Mountain Province Diamonds Inc.
[{"type":"text","content":"\n \n \n \n Mountain Province Diamonds Adds Strategic Claims to the Kennady North Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSX and OTCQX: MPVD\n \n \n \n \n TORONTO\n \n and\n \n NEW YORK\n \n ,\n \n Nov. 23, 2021\n \n /CNW/ - Mountain Province Diamonds Inc. (\"Mountain Province\", the \"Company\") (TSX: MPVD) (OTCQX: MPVD) today provides an update for its 100%-held Kennady North Project. Following staking in early 2020 that increased the Kennady North Project area by 35 percent, three additional claims have now been staked and filed with the government recorder for the\n \n Northwest Territories\n \n . These new claims are important to Mountain Province Diamonds as they are to the east of significant clusters of kimberlite indicator minerals, as well as the previously identified MZ Kimberlite, both of which require further review. Additionally, the three claims connect the Kennady North land package into one contiguous area which now includes 30 federal leases and 94 claims that total 107,373 hectares and completely surrounds the Gahcho Kué Mine.\n \n Mountain Province\n \n is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine.\n \n \n \n \n Mark Wall\n \n , the Company's President and Chief Executive Officer, commented:\n \n \n \n \"The acquisition of these three claims is significant. Their omission from the Kennady North Project created logistical and exploration challenges in assessing indicator mineral and geophysical data both up- and down-ice of the claims. With these claims now a part of our portfolio, we can act decisively as we ramp up our exploration activities with the intention of finding and creating new mines in this highly prospective area.\"\n \n \n The three new claims became available for staking in October and were acquired last week in a helicopter-supported exercise that was based out of\n \n Yellowknife\n \n . The new claims are highlighted in yellow in the map image below.\n \n \n \n \n \n \n \n \n \n The map image also shows several historical indicator mine...