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Kennady Diamonds Discovers Kimberlite

Investing News Network
Jul. 19, 2012 12:14PM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced it discovered the first new kimberlite discovery at the Kennady North diamond project.

Kennady Diamonds Inc. (TSXV:KDI) announced it discovered the first new kimberlite discovery at the Kennady North diamond project.

As quoted in the press release:

The discovery was made at a geophysical target located at Faraday Lake on trend between the previously discovered Faraday and Kelvin kimberlites.

An incline hole drilled from shore intersected kimberlite first at a down-hole depth of approximately 47 meters and has continued to intersect kimberlite to the current depth of approximately 169 meters. Drilling has been stopped in order to survey the drill hole following which it will recommence and continue until the hole exits kimberlite.

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

tsxv-kdi kennady-diamonds-inc
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