Kennady begins winter exploration

Plans 2K meters to test

the exploration targets!

Mountain Province Diamonds Inc announces that the winter exploration program at their Kennady North Project has begun. The Kennady North Project encompasses 67,164 hectares of prospective claims and leases that are directly adjacent to the Gahcho Kué Mine and are 100%-held by the Company. The winter program will focus on drill-testing several combined indicator and geophysical targets located west and southwest of the Hearne kimberlite, which is part of the Gahcho Kué Mine. The drilling program plans for 2,000 meters of drilling to test the exploration targets.

The resulting product was a glacial till ranking scheme that could be combined with geophysical data to generate target areas for follow-up sampling and drilling. Several of these target areas are the focus of exploration in 2019.

The Company has also completed the caustic fusion recovery of microdiamonds from core recovered in drilling programs conducted on Faraday 2 in 2017 and 2018. Images of the Faraday 2 kimberlite that include the northwest extension are available with the Company. The microdiamond results generated 10.4 carats of commercial-sized diamonds, and are summarized.

The microdiamond results will be incorporated into an updated resource estimate for Faraday 2 that will be completed in the coming weeks. Drilling of select exploration targets is expected to start in early March.

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.