Kennady Diamonds Expecting Release of Kelvin Resource Estimate

Kennady Diamonds Inc. (TSXV:KDI) announced that the Mackenzie Valley Land and Water Board (MVLWB) has approved amendments to its Type A Land Use Permit and Type B Water License. The company will now be able to conduct expanded exploration and evaluation programs at the Kennady North project.
Additionally, the company expects to release the resource estimate for the Kelvin kimberlite “shortly.”
The press release also states:

Kennady Diamonds is also pleased to announce that the Kelvin Camp opened on January 5, 2016, for the 2016 exploration and evaluation programs. Construction of the bulk of the ice infrastructure has been completed, which includes the Kelvin ice road, ice runway and ice pads for drilling. The first drill crews are scheduled to arrive at Kelvin Camp by the end of the week and core drilling at Faraday 1 is expected to commence shortly afterwards.
Preparations for the 500 tonne Kelvin North bulk sample are also well advanced with two large diameter reverse-circulation drill rigs scheduled to depart Yellowknife for Kelvin Camp as soon as the main ice road has opened. The bulk sampling is expected to be completed by the end of March, 2016.

Patrick Evans, CEO of Kennady, commented:

We welcome the decision by the MVLWB and appreciate the strong support from our First Nations’ partners. The amendment approvals will allow us to expand our camp facilities at Kennady North to accommodate a broader range of activities, including core drilling, bulk sampling, environmental studies and engineering studies; all of which are scheduled to commence during Q1 2016.

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