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Kennady Diamonds Increases Tonnage Estimate for Kelvin-Faraday

Kristen Moran
Feb. 12, 2015 10:39AM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced that kimberlite has been intersected over 54.5 meters in the latest Kelvin delineation drill hole KDI-15HQ-001b, increasing the company’s tonnage estimate for Kelvin-Faraday to between 10 and 13 million tonnes.

Kennady Diamonds Inc. (TSXV:KDI) announced  that kimberlite has been intersected over 54.5 meters in the latest Kelvin delineation drill hole KDI-15HQ-001b, increasing the company’s tonnage estimate for Kelvin-Faraday to between 10 and 13 million tonnes.

As quoted in the press release:

This encouraging intersect is located approx. 50 meters to the NW of drill hole KDI-HQ14-033a, the last vertical Kelvin delineation hole, where kimberlite was intersected over approx. 194 meters, and confirms the continuity of the strike of the Kelvin kimberlite to over 660 meters.

Patrick Evans, CEO of Kennady Diamonds, commented:

We are very pleased to have intersected the Kelvin kimberlite approx. 50 meters to the NW of drill hole 033a. We had delineated the Kelvin pipe-like body over a strike of approx. 610 meters up to 033a. Drill hole KDI-15HQ-001b, drilled across the pipe from southwest to northeast, now confirms the continuity of Kelvin’s strike to over 660 meters.

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

tsxv-kdi kennady-diamonds-inc
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