Kennady Diamonds Announces Recovery Results

Diamond Investing

Kennady Diamonds (TSX.V:KDI) has announced a total of 1,278 carats of diamonds (+0.85mm) was recovered from 612 tonnes for a sample grade of 2.09 carats per tonne. According to the press release: The result is very similar to the 2015 bulk sample grade of 2.02 carats per tonne reported in 2015 from the south limb …

Kennady Diamonds (TSX.V:KDI) has announced a total of 1,278 carats of diamonds (+0.85mm) was recovered from 612 tonnes for a sample grade of 2.09 carats per tonne.
According to the press release:

The result is very similar to the 2015 bulk sample grade of 2.02 carats per tonne reported in 2015 from the south limb (see news release, August 26, 2015). In this latest result, 44 diamonds of one carat or greater were recovered with the largest stone a 3.43 carat white/colourless transparent octahedral twin with no inclusions. Table 1 below summarizes the diamond recovery results from the 2016 Kelvin north limb bulk sample.
President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “We are very pleased with the result from the 2016 Kelvin bulk sample, as it demonstrates that the high diamond grades established for the south limb in 2015 extend over the full extent of the north limb of the body as well. This confirms the potential of the Kelvin kimberlite to host a high-grade diamond resource.”

Click here for the full press release.

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