RapNet


Rapaport News

 

Mining

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Promising New Kimberlite Found at Gahcho Kué

Discovery of Wilson pipe sparks fresh exploration potential in the area.
Jun 12, 2019 12:03 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... 
Geologists have discovered the first new kimberlite pipe in over 20 years at the Gahcho Kué mine in Canada, shareholder Mountain Province reported Tuesday.

The find comes nearly three years after production launched at Gahcho Kué, a joint venture between Mountain Province and De Beers Canada. Mining is focused on three kimberlite pipes, and the new discovery — named Wilson after Canada’s first female geologist, Alice Evelyn Wilson — is located 200 meters from the Tuzo pipe.

While another kimberlite was identified around the mine last year, Wilson is the first with no connection to the existing portfolio, making it a distinct, new discovery, Mountain Province explained. The miner identified the first kimberlite deposit at Gahcho Kué in 1995, and De Beers found three others two years later.

“The discovery of Wilson demonstrates the high exploration potential of the Gahcho Kué joint-venture area,” said Mountain Province CEO Stuart Brown. “After a 20-year discovery hiatus, it confirms that we are on track for discovering new kimberlites in this region.”

The Wilson pipe was found during a drill-testing program, in which 480 diamonds were recovered from a 115.2-kilogram kimberlite sample. The largest stone was a 0.28-carat, colorless octahedral aggregate, Mountain Province reported. Geologists are now considering the potential value of rock from the Tuzo open pit previously discarded as waste.

Image: Gahcho Kué mine. (Mountain Province Diamonds)
Tags: De Beers, diamonds, Gahcho Kue, mountain province, Rapaport News
Similar Articles
StornowayStornoway Diamond Fears for Its Future
Aug 15, 2019
Stornoway Diamond Corporation has given a stern warningabout its ability...
Mountain Province Faces Nasdaq Delisting
Hong Kong Polished Imports Slide
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us