Gahcho Kué Diamond Mine

 mine, diamond mine

The Gahcho Kué Project is a joint venture between De Beers Canada Inc. (51%) and Mountain Province Diamonds Inc. (49%). Exploration has determined that three kimberlite deposits currently have potential to be mined: 5034, Hearne and Tuzo.

It is the largest new diamond mine under development globally, and has the potential to become one of Canada's major high-grade and long-lived diamond mines. The Gahcho Kué diamond project is located on federal land in Canada's Northwest Territories and is held by the Gahcho Kué Joint Venture under renewable 21 year leases.

The project is on a 10,353 acre site located at Kennady Lake, approximately 300 kilometres northeast of Yellowknife and 90 kilometres east of De Beers' Snap Lake diamond mine. The property falls under the AK group of renewable 21-year mining leases and mineral claims, which is becoming the industry standard as most other mineral claim contracts are now being converted into 21-year mining leases. The lease area boundary shown includes leases: AK89 Lease: 4341, AK90 Lease :4199, AK91 Lease :4200, AK92 Lease: 4201, Extra2 Lease: 4730, Extra3 Lease: 4731, Extra4 Lease: 4732.

www.mountainprovince.com/project/project-overview