Kennady Diamonds Announces Positive Faraday Kimberlite Diamond Recovery Results

Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce diamond recovery results for the Faraday 3 and Faraday 1 kimberlites on its Kennady North Project. The samples were collected during the winter 2017 program that was designed to further delineate both kimberlites as well as to recover sufficient carats from Faraday 3 for valuation (see news release April 11, 2017). The program has recovered the largest high-quality diamonds to date on the project, including a 7.78ct white gem quality stone as well as numerous diamonds exceeding one carat.
As quoted in the press release:

President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “While the grade achieved for the Faraday 3 kimberlite is in line with expectations, the recovery of a high quality 7.78 carat gem from the sample is extremely exciting. This stone represents the largest diamond recovered from our bulk sampling activities on the project to date.”  He further added; “As with Faraday 2, the size distribution and quality characteristics of the Faraday 3 diamonds appear better than those recovered from Kelvin to date, with a notable trend of increased quality with diamond size and a higher incidence of well-formed crystals in the larger size fractions.”

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