Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery work from the Faraday 2014 spring drill program at its Northwest Territories-based Kennady North project.
As quoted in the press release:
Approximately 933 kilograms of kimberlite recovered from Faraday was processed at the Geoanalytical Laboratories Diamond Services at the Saskatchewan Research Council (‘SRC’), which is accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as a testing laboratory for diamond analysis using caustic fusion.
Patrick Evans, CEO of Kennady, commented:
The Faraday sample grade of 5.10 carats per tonne is outstanding and amongst the highest diamond sample grades recorded in Canada. This result confirms that the Faraday kimberlite has the potential to host a high grade diamond resource.
We are very pleased with the Faraday diamond recovery results and are keenly looking forward to the diamond recovery results from the Kelvin 25 tonne mini-bulk sample that is currently being processed at the SRC. The summer delineation and mini-bulk sample drill program at Kennady North is progressing well with over 10 tonnes of kimberlite having been recovered to date from the Kelvin kimberlite pipe.