Kennady Diamonds Inc. (TSXV:KDI) announced that it has completed the 2014 winter/spring drill program at its Kennady North diamond project in the Northwest Territories, Canada.
As quoted in the press release:
A total of approximately 10,200 meters of drilling was completed, resulting in the recovery of over 25 tonnes of kimberlite from Kelvin and over 1 tonne of kimberlite from Faraday.
Patrick Evans, CEO of Kennady, commented:
Besides achieving our targets for both meters drilled and tonnes of kimberlite recovered, we are particularly pleased with the results from delineation drilling at both the Kelvin and Faraday kimberlites. Kelvin delineation drill hole KDI-14-018 intersected kimberlite over 80 meters, with substantially all of the kimberlite to the north and beyond the current geological model. Also, delineation drilling at Faraday 3 resulted in the discovery of a kimberlite ‘blow’ with intercepts ranging up to 42 meters. These discoveries confirm the potential for substantial additional tonnage at the Kelvin and Faraday kimberlites, both of which have already returned exceptionally high sample grades.