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Kennady Diamonds Announces Recovery Results From Kelvin

Investing News Network
Jun. 23, 2015 11:16AM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced the diamond recovery results from the winter core drilling program at Kelvin.

Kennady Diamonds Inc. (TSXV:KDI) announced the diamond recovery results from the winter core drilling program at Kelvin.

As quoted in the press release,

Approximately 2.7 tonnes of kimberlite from the Kelvin North Lobe was processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”) and returned a sample grade of 2.74 carats per tonne for diamonds of commercial size.

Kennady Diamonds CEO Patrick Evans stated:

We are very pleased with these excellent diamond recovery results, which confirm that Kelvin has the potential to host a high grade diamond resource. Based on drilling and sampling completed to date, we estimate that the Kelvin – Faraday kimberlite cluster has the potential to host between 12 and 15 million tonnes at a grade of between 2 and 2.5 carats per tonne.

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

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