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Kennady Diamonds Finds Third Kimberlite Body at Faraday

Charlotte McLeod
Mar. 17, 2016 03:29PM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced that it’s discovered a third kimberlite body at the high-grade Faraday kimberlite cluster at its Kennady North project. The find was made via exploration drilling.

Kennady Diamonds Inc. (TSXV:KDI) announced that it’s discovered a third kimberlite body at the high-grade Faraday kimberlite cluster at its Kennady North project. The find was made via exploration drilling.
As quoted in the press release:

Following the completion of ice-based infill drilling at the Faraday 1 kimberlite, the core rig was moved to a geophysical target approximately 80 meters to the southwest where indications of the presence of volcaniclastic kimberlite were discovered during the winter of 2015. Three exploration drill holes have been completed at the Faraday 3 discovery within the past week with the latest hole intersecting more than 55 meters of kimberlite.

Patrick Evans, president and CEO of Kennady, commented:

Faraday 3 is the fourth kimberlite body that we have discovered at Kennady North over the past three years. Methodical exploration over the Kelvin – Faraday kimberlite corridor has increased our confidence in the potential for the discovery of further kimberlite bodies within the corridor.

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

tsxv:kdi kennady diamonds inc
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