Mountain Province Diamonds Announces the Appointment of Mark Wall as President, CEO and Director

Mountain Province Diamonds Inc. announces Mark Wall's appointment as the President, Chief Executive Officer and Director with effect from November 15, 2021.

Mr. Wall has over 25 years of experience in the mining industry, across the spectrum of executive, operations, commercial and sustainability roles.  Most recently Mr. Wall was the CEO of Streamers Gold Mining, a subsidiary of Hong Kong listed Shandong Gold Mining, one of the largest gold mining companies in the world by market capitalization.  Mr. Wall was previously the Chief Commercial Officer then Chief Operating Officer for TSX listed Nevada Copper, and prior to that, the Senior Vice President & Operations Officer for Barrick Gold Corporation (TSX/NYSE).

Mr. Wall has experience as a Director on Joint Venture Boards and Management Committees having previously served on the Management Committee of KCGM, which is Australia's largest open pit gold mine and, at the time, a 50/50 joint venture between Barrick and Newmont. He was also on the Board of Directors of Minera Andina Del Sol, a large open pit mine in the high Andes in Argentina and a 50/50 joint venture between Barrick and Shandong Gold. Additionally, he served as a Director of the Zaldivar joint venture in Chile, a 50/50 joint venture between Barrick and Antofagasta.

Mr. Wall holds various degrees and qualifications, including a Diploma in Minerals Processing, Master of Business Administration, Master of Management, Masters Certificate in Risk Management & Business Performance and a Diploma of Project Management.  Mr. Wall is a Fellow of the Australasian Institute of Mining and Metallurgy.

Jonathan Comerford, The Company's Non-Executive Chairman commented:

"We are very excited to announce Mark Wall as our new President & CEO.  Mark brings both senior executive and strong operational experience to the company as well as a deep focus on sustainability and the environment. His experience in large joint ventures and business development will be critical in engaging with our joint venture partner on operational performance and near mine exploration, as well as focusing on the large and highly prospective exploration tenements that surround the Gahcho Kué mine, which are 100% owned by Mountain Province Diamonds.  Mr. Wall will be based in Calgary, Canada, which is also the location of the DeBeers Canada office and within close reach to the Gahcho Kué mine site and Kennady exploration areas."

Mr. Wall commented:

"I am delighted to be joining Mountain Province Diamonds.  To have a Tier 1 operating partner in DeBeers and Anglo American, with a high grade mine in Canada, one of the world's leading mining jurisdictions, together with a significant 100% owned exploration package is very exciting. I also look forward to the opportunity to focus on reducing the mine's carbon footprint, which is a critical focus in today's world."