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Kennady Diamonds Further Delineates Kelvin Kimberlite

Charlotte McLeod
Dec. 16, 2014 04:20PM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced that the most recent Kelvin delineation drill hole (KDI-14-065) has intersected kimberlite about 50 meters north of the last vertical Kelvin delineation drill hole (KDI-HQ14-033a).

Kennady Diamonds Inc. (TSXV:KDI) announced that the most recent Kelvin delineation drill hole (KDI-14-065) has intersected kimberlite about 50 meters north of the last vertical Kelvin delineation drill hole (KDI-HQ14-033a).

As quoted in the press release:

A total of approx. 27,200 meters has been drilled at the Kelvin – Faraday kimberlite corridor in 2014 resulting in the recovery of approx. 55 tonnes of kimberlite. Four tonnes of kimberlite from Kelvin is currently being processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (‘SRC’) and one tonne is being processed at the Rio Tinto diamond laboratory in Thunder Bay, Ontario. A further 20 tonnes of Kelvin kimberlite is currently being processed through the dense media separation plant at the SRC. The diamond recovery results from most of these samples are expected prior to the end of the year.

Patrick Evans, CEO of Kennady, commented:

We are pleased to have intersected the Kelvin kimberlite beyond drill hole 033a. We had delineated the Kelvin pipe-like body over a strike of approx. 610 meters up to 033a. Drill hole KDI-HQ14-033b, which was drilled at -80 degrees to the north of 033a, returned only narrow kimberlite intersects leading us to believe that the pipe was trending either to the NNW or NNE and that we had drilled over the top of the kimberlite. Drill hole KDI-14-065, which was drilled from east to west, indicates that the Kelvin pipe may be trending to the NNW rather than to the NNE. Recently completed ground geophysics supports this view

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

kennady-diamonds-inc tsxv-kdi
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