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Corporate Profile for Mountain Province Diamonds Inc., dated July 27, 2001.


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--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-


Published Date:   July 27, 2001

Company Name:     Mountain Province Diamonds Inc.

Address:          3633 E. Inland Empire Blvd. Suite 265
                  Ontario, CA 91764

Main Telephone
 Number:          909/466-1411

Internet Home
 Page Address
  (URL)           www.mountainprovince.com

Chief Executive
 Officer:         Dr. Jan W. Vandersande

Chief Financial
 Officer:         Pradeep Varshney

Investor Relations
 Contact:         John J. Artishon Jr.
 Business number: 909/466-1411
 E-mail address:  mtnprovinvrel@att.net

Public Relations
 Contact:         John J. Artishon Jr.
 Business number: 800/220-1943

Industry:         Diamond exploration and development

Trading Symbol/
 Exchange:        MPVI/OTCBB; MPV/TSE

Market Makers: (if public) Approximately 10 market makers


Company description: Mountain Province Diamonds Inc. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:MPV (MusicPhotoVideo) A playlist standard for music, image and video collections introduced in 2002 by the Optical Storage Technology Association (OSTA). An "MPV Writer" is software that creates the playlist, and an "MPV Reader" is software that can discover and read it. ), (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MPVI) is actively involved in developing a diamond deposit in the Northwest Territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon.  of Canada through a joint venture agreement with De Beers Canada Exploration, a wholly-owned subsidiary of De Beers Consolidated Mines The Consolidated Mine was a productive gold mine in Lumpkin County, Georgia, just east of Dahlonega. Like most of the area around Dahlonega, the placer mining on the land on which the mine is located probably started during the Georgia Gold Rush.  Inc. Six diamondiferous kimberlite kimberlite: see diamond.
kimberlite
 or blue ground

Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix.
 bodies have already been discovered. De Beers completed a bulk sample of the two highest value diamond pipes in May. During the spring exploration program De Beers discovered a potentially large kimberlite sill system. De Beers will decide how to proceed once all the results are in.

High/Low 52 week range

OTCBB:MPVI 0.21-1.08

TSE:MPV 0.37-1.80
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:6SOUT
Date:Jul 27, 2001
Words:246
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