Mountain Province Diamonds Announces First Quarter 2025 Production and Sales Results, Details of First Quarter 2025 Earnings Release, and Conference Call

Q1 Production Takeaways(all figures reported on a 100% basis unless otherwise stated) Q1 Production Takeaways (all figures reported on a 100% basis unless otherwise stated) Q1 Sales Results In the Quarter, 426,268 carats were sold for$44 million( US$30.7 million ), averaging$103per carat ( US$72per carat). In Q1 2024, 938,310 carats were sold for$89.4 million( US$66.1 million ), averaging$95per carat ( US$70per carat). Mark Wall, the Company's President...

TORONTO, 25/04/2025 (informazione.news - comunicati stampa - industria)

In the Quarter, 426,268 carats were sold for $44 million ( US$30.7 million ), averaging $103 per carat ( US$72 per carat). In Q1 2024, 938,310 carats were sold for $89.4 million ( US$66.1 million ), averaging $95 per carat ( US$70 per carat).

The Company will host its quarterly conference call on Wednesday May 14 , 2025 at 11:00am ET . Prior to the conference call, the Company will release Q1 2025 financial results on May 13 , 2025 after-market.

Conference Call Dial-in Details:

Conference ID: 19522
Date of call: 05/14/2024
Time of call: 11:00 Eastern Time
Expected Duration: 60 minutes

Webcast Link: https://app.webinar.net/pKjva5r9zNm
Participant Toll-Free Dial-In Number:             (+1) 888-699-1199
Participant International Dial-In Number:       (+1) 416-945-7677

A replay of the webcast and audio call will be available on the Company's website.

is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories . The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the Gahcho Kué Mine that include an Indicated mineral resource for the Kelvin kimberlite and Inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) in 8.50 million tonnes (Mt) at a grade of 1.60 carats/tonne and value of US$63 /carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/tonne and value of US$140 /ct. Faraday 1-3 is estimated to contain 1.90Mct in 1.87Mt at a grade of 1.04 carats/tonne and value of US$75 /carat. All resource estimations are based on a 1mm diamond size bottom cut-off.

For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com.

The disclosure in this news release of scientific and technical information regarding Mountain Province's mineral properties has been reviewed and approved by Tom McCandless , Ph.D., P.Geo, and Tysen Hantelmann , P. Eng., independent advisors to the Company and Qualified Persons as defined by National Instrument 43-101

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