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Kennady Diamonds Inc. (TSXV:KDI) released the latest results from drilling at its Northwest Territories-based Kennady North project, noting that the Faraday 2 kimberlite has now been defined over a strike length of about 190 meters from southeast to northwest.
Kennady Diamonds Inc. (TSXV:KDI) released the latest results from drilling at its Northwest Territories-based Kennady North project, noting that the Faraday 2 kimberlite has now been defined over a strike length of about 190 meters from southeast to northwest.
As quoted in the press release:
Exploration/delineation drilling commenced at the Faraday 1 kimberlite with an intercept of over 23 meters. Based on drilling to date, it appears that the Faraday 1 kimberlite is tracking from southwest to northeast. The latest drill results from Faraday 1 are detailed in table 2 below.
Patrick Evans, CEO of Kennady, commented:
Recent drilling has extended the strike of the Faraday 2 pipe-like body further to the southeast towards the eastern shoreline of Faraday Lake. Exploration drilling at the northwest end of the Faraday 2 kimberlite has yet to confirm the direction in which body is heading. We are continuing to test various options to confirm further continuity of Faraday 2.
While we have achieved some encouraging intercepts at parts of the Faraday 1 kimberlite, results to date indicate that F1 may be a sheet-like body, perhaps comparable to the Kelvin sheet. We have a good deal more drilling to do to confirm the continuity and dimensions of the F1 kimberlite.
Click here to read the full Kennady Diamonds Inc. (TSXV:KDI) press release.