“Their omission from the Kennady North Project created logistical and exploration challenges in assessing indicator mineral and geophysical data both up- and down-ice of the claims,” Mark Wall, who assumed as the company’s chief executive last week, said in the statement.
With the properties now part of its portfolio, Mountain Province will ramp up exploration in the area, located east of “significant” clusters of kimberlite indicator minerals, as well as the previously identified MZ Kimberlite, Wall added.
The winter 2022 program, set to start early next year, will include up to 2,000 meters of exploration drilling on the North and South Anomalies and additional ARRT surveys over the Bob Camp area and other areas of interest.
Kennady North is 100%-owned and operated by Mountain Province through its subsidiary, Kennady Diamonds. Its flagship operation, however, is Gahcho Kué, in which mining giant De Beers has a 10% stake.
