Mountain Province Diamonds Inc. reported operating results for the second quarter and first half ended June 30, 2023. For the quarter, 750,241 ore tonnes treated, largely unchanged relative to Second Quarter 2022 (749,821 tonnes treated;). 1,339,196 carats recovered, 6% higher than the comparable quarter (Q2 2022: 1,260,899 carats). Average grade of 1.79 carats per tonne, a 6% increase relative to Second Quarter 2022 (1.68 carats per tonne) and 595,990 ore tonnes mined, a 43% decrease relative to Second Quarter 2022 (1,043,348 ore tonnes mined).

For the first half, 18.2 million total tonnes mined in H1 2023, a 13% increase from the 16.0 million total tonnes mined in first half of 2022. 1,517,000 tonnes of ore treated in first half of 2023; a 4% increase compared to the 1,457,000 tonnes treated in first half of 2022. 2,659,000 carats recovered at an average grade of 1.75 carats per tonne, a 9% increase compared to the 2,446,000 carats, (1.68 carats per tonne) recovered in first half of 2022.