Mountain Province Diamonds Announces Third Quarter 2018 Production Results and Provides Details of Third Quarter Conference Call - Seite 2

At September 30 2018, the Company remains well positioned to achieve the upper end of its full year 2018 production guidance of 6.3 - 6.6 million carats recovered.

Stuart Brown, the Company's President and Chief Executive Officer, commented: "The third quarter performance continues to follow the trend of ongoing excellent performance set by the GK Mine team, in a safe and sustainable manner.  We expect this trend to continue into the last quarter of the year.  The continued good performance is pleasing as the mine matures into its steady state production methodology of continuous improvement."

Q3 2018 Conference Call Details 

The Company will release its 2018 Third Quarter results on Monday, November 12, 2018, after market close in Toronto and New York.

The Company will host a conference call to discuss the results on Tuesday, November 13, 2018 at 11:00 a.m. Eastern Time.  

Conference Call Dial-In Details: 

   
    Conference ID:                            5565909
    Date of call:                             11/13/2018
    Time of call:                             11:00 Eastern Time
    Expected Duration:                        60 minutes

    Participant Toll-Free Dial-In Number:     [phone]
    Participant International Dial-In Number: [phone]

   
    Replay:
    Toll-Free Dial-In:     [phone]
    International Dial-In: [phone]
    Passcode:              5565909

A replay will also be available on the Company's website.

Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories.  Gahcho Kué is the world's largest new diamond mine, consisting of a cluster of four diamondiferous kimberlites, three of which are being developed and mined under the initial 12 year mine plan.

Qualified Person
The disclosure in this news release of scientific and technical information regarding Mountain Province's mineral properties has been reviewed and approved by Keyvan Salehi, P.Eng., MBA, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Caution Regarding Forward Looking Information
This news release contains certain "forward-looking statements" and "forward-looking information" under applicable Canadian and United States securities laws concerning the business, operations and financial performance and condition of Mountain Province Diamonds Inc.  Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to estimated production and mine life of the project of Mountain Province; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; the future price of diamonds; the estimation of mineral reserves and resources; the ability to manage debt; capital expenditures; the ability to obtain permits for operations; liquidity; tax rates; and currency exchange rate fluctuations.  Except for statements of historical fact relating to Mountain Province, certain information contained herein constitutes forward-looking statements.  Forward-looking statements are frequently characterized by words such as "anticipates," "may," "can," "plans," "believes," "estimates," "expects," "projects," "targets," "intends," "likely," "will," "should," "to be", "potential" and other similar words, or statements that certain events or conditions "may", "should" or "will" occur.  Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.  Many of these assumptions are based on factors and events that are not within the control of Mountain Province and there is no assurance they will prove to be correct.