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Mountain Province Diamonds Reports COVID-19 Outbreak at Gahcho Kué Mine

Press Release

TORONTO and NEW YORK, Feb. 8, 2021 – Mountain Province Diamonds Inc. (“Mountain Province”, or the “Company”) (TSX and OTCQX: MPVD) reports that there has been an outbreak of COVID-19 at the mine site which has resulted in the temporary suspension of production related activities. For context, the Government of the Northwest Territories (“NWT”)  defines an outbreak in a closed facility (which includes remote camps) as one or more confirmed or probable case(s) of COVID-19 where infection is acquired within the facility.

At present, 2 confirmed positive and 6 presumptive positive cases have been identified and the management team is assessing the situation and working actively to contain the outbreak to ensure it does not spread further or into the community.  All affected individuals and their close contacts have been quarantined.  All individuals are feeling well. Essential activities such as water management, power generation, catering and employee care are being maintained to keep the camp and the mine safe during this assessment period.

The Company will provide further information related to resumption of production when it is known.  At the moment, our full focus is on keeping all our employees and contractors safe and ensuring those affected by the virus remain in good health and receive the appropriate care.

About Mountain Province Diamonds Inc.

Mountain Province Diamonds is a 49% participant with De Beers Group in the Gahcho Kué diamond mine located in Canada’s Northwest Territories. The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls 106,202 hectares of highly prospective mineral claims and leases immediately adjacent to the Gahcho Kué Joint Venture property that include an indicated mineral resource at the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.

For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company’s website at www.mountainprovince.com

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 Tom E. McCandless, Ph.D., P.Geo., a Qualified Persons as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

For further information: Stuart Brown, President, Chief Executive Officer, and Director, Phone: (416) 361-3562, E-mail: info@mountainprovince.com; Matthew MacPhail, VP Corporate Development and Technical Services, Phone: (416) 361-3562, E-mail: info@mountainprovince.com

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