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Kennady Diamonds Announces Recovery Results

Investing News Network
Oct. 22, 2012 12:17PM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from samples of drill core from the Kelvin – Faraday kimberlite cluster.

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from samples of drill core from the Kelvin – Faraday kimberlite cluster.

Kennady’s CEO, Patrick Evans said:

We are very pleased with the diamond recovery results, which confirm that the Kelvin-Faraday kimberlite cluster has a coarse diamond size distribution as well as the potential to host a high grade diamond resource.

Besides the high diamond count, approximately 70 percent of the recovered diamonds are classified as white and transparent. Almost all the white diamonds had either no inclusions or only minor inclusions. In addition, approximately 5 percent of the diamonds are classified as yellow and transparent with either no or only minor inclusions. Together with grade, these characteristics are key value drivers.

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

tsxv-kdi kennady-diamonds-inc
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