Gahcho Kué Diamond Files a Technical Report

Oct 03, 2024

Mountain Province 1Mountain Province Diamonds Inc announce the filing of its technical report for the Company’s Gahcho Kué Mine entitled, Gahcho Kué Mine Technical Report, with an effective date of April 22, 2024. The 2024 Technical Report was prepared in accordance with National Instrument Standards of Disclosure for Mineral Projects and supports the disclosure made by the Company in its August 21, 2024 news release announcing the revised mine plan.

There are no material differences in the 2024 Technical Report from the information disclosed in the August 21, 2024.The Mineral Resource and Mineral Reserve estimates for the Gahcho Kué Mine and the other scientific and technical information contained was prepared by Tysen Hantelmann and Mike Makarenko, each a Qualified Persons as defined and independent of the Company.

Data verification processes undertaken in the previous Technical Reports have been reviewed. The QPs are of the opinion that the data verification is adequate for use in the 2024 Technical Report. The 2024 Technical Report is filed under the Company’s profile at the Company’s website.

Readers are encouraged to read the 2024 Technical Report in its entirety, including all qualifications, assumptions, exclusions and risks that relate to the Mineral Resource, Mineral Reserves and life of mine plan. The 2024 Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

Mountain Province Diamonds is a Canadian diamond company. In joint venture with De Beers, Mountain Province oversee operations at the Gahcho Kué diamond mine located in the Northwest Territories of Canada. We are unique in the diamond industry that we market and sell our share of diamonds independently from the joint venture partner De Beers.

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