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Mountain Province auctions exceptional 157 carat "Polaris" diamond from Gahcho Kué

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(Kitco News) - Mountain Province Diamonds (TSX: MPVD) (OTCQX: MPVD) announced yesterday the upcoming sale of the largest gem quality diamond recovered to date from the Gahcho Kué mine, located in Canada's Northwest Territories.

The company said that the diamond is a 157.38 carat gem of exceptional quality. Named "Polaris" after the North Star, this diamond exhibits a rare natural blue fluorescence that echoes its Canadian Arctic origins.

Vice President Diamond Marketing Reid Mackie commented, "We are thrilled to offer Polaris at our upcoming February sale. It is an extraordinary stone, recovered at the end of an extraordinary year. Polaris, the North Star, is an enduring touch point of light for those navigating under northern skies. It remains a celestial constant as the earth rotates and the seasons change. We take inspiration from this stone and the beautiful light suspended within it, as we, our customers, and indeed the world, navigate forward to more positive times."

Polaris will be offered for sale at Mountain Province's second sale of the year at Bonas Group's offices in Antwerp.

Mountain Province's Gahcho Kué mine, located at the edge of Canada's Arctic Circle. From the start of production in late 2016 the mine has established itself as a regular source of exceptional, gem quality, large diamonds. In 2020, Mountain Province sold over 400 individual diamonds larger than 10.8 carats.

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