New Pipe Proves Fruitful for Mountain Province

By Rapaport News / December 24, 2019 / www.diamonds.net / Article Link

RAPAPORT... Mountain Province recovered more than 5,000 micro-diamondsfrom Gahcho Ku?(C)'s new Wilson pipe during its initial drilling program. The Canadian miner retrieved 1.7 tonnes of kimberlite fromtwo drill holes at the site, it said Monday. Of the 5,564 stones treated at theSaskatchewan Research Council, 86 were over 0.85 millimeters, weighing a totalof 2.23 carats. "These results, [which] follow on the discovery of Wilsonearlier this year, are evidence that the life of the Gahcho Ku?(C) mine is stillon an open-ended opportunity," said Mountain Province CEO Stuart Brown. "Wilsonhas the potential to make a valuable contribution to the mine, and itrepresents only the early results of our combined exploration efforts with De Beersto continue to add value through further discovery in the area." Geologists first discovered the Wilson pipe in June during adrill-testing program, more than 20 years after the last distinct deposit wasfound at Gahcho Ku?(C). Mountain Province owns 49% of mine, with De Beers holding theremaining 51%. Image: The ore crusher at the Gahcho Ku?(C) mine. (Mountain Province)

Recent News

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com

Gold stocks gain on metal rise and continued equities rebound

August 26, 2024 / www.canadianminingreport.com

Big Gold stocks outperform Big Base Metals

August 19, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok