Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) today announces that the summer drilling program on the Kennady North Project has been successfully completed. The program commenced on July 4, 2017 and nine HQ diameter drill holes have been completed for a total of 2,766 metres. Since the update provided in the news release of August 4, 2017, these latest results include three holes on the Faraday 2 kimberlite and two holes on the Faraday 1 and 3 kimberlites.
As quoted in the press release:
President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “We are very pleased with the results of the 2017 summer drilling program. By continuing the methodical approach to our drilling, we have successfully extended the Faraday 2 kimberlite a further 150 metres along strike. It is particularly noteworthy that the kimberlite has maintained a relatively constant depth as it tracks northwards. The total strike length of Faraday 2 now stands at approximately 600 metres, and the latest drilling will add significant tonnage to the high-grade resource potential of this kimberlite. The final hole of the program delivered a 64.6-metre kimberlite intercept, one of the longest kimberlite intercepts drilled on Faraday 2 to date.”