Kennady Reports Kelvin North Sample Grade of 2.6 Carats per Tonne

Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from a core drilling program completed at the Kelvin kimberlite this past spring.

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from a core drilling program completed at the Kelvin kimberlite this past spring. About 2.4 tonnes of kimberlite from the Kelvin North Lobe returned a sample grade of 2.6 carats per tonne for diamonds of commercial size.
Patrick Evans, CEO of Kennady, commented:

We are very pleased with these excellent diamond recovery results, which provided further support for Kelvin’s potential to host a high grade diamond resource.
Based on sampling completed to date, we have increased confidence in our Kelvin grade guidance of between 2 and 2.5 carats per tonne. Planning is now underway to recover an approximate 500 tonne bulk sample from the Kelvin North Lobe by large-diameter reverse-circulation drilling during the winter of 2016.

The four largest diamonds recovered from the sample are as follows:

  • 0.23 carat off-white, transparent, broken octahedral with inclusions;
  • 0.19 carat off-white, transparent, broken octahedral with minor inclusions;
  • 0.18 carat off-white, transparent, broken octahedral with inclusions; and
  • 0.17 carat off-white, transparent, octahedral with no inclusions.

Click here to read the full Kennady Diamonds Inc. (TSXV:KDI) press release.

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