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Kennady Diamonds Intercepts Kimberlite in First 2 Holes of Diamond Project

Investing News Network
Apr. 03, 2013 06:33PM PST
Diamond Investing

Kennady Diamonds Inc (TSXV:KDI) announced that the first two drill holes of the company’s Kennady North diamond project, dKDI-13-001 and KDI-13-002 have intercepted kimberlite.

Kennady Diamonds Inc (TSXV:KDI) announced that the first two drill holes of the company’s Kennady North diamond project, dKDI-13-001 and KDI-13-002 have intercepted kimberlite.

As quoted in the press release:

Drill hole KDI-13-001 was drilled approximately 100 meters to the NW of the main Kelvin kimberlite and intersected kimberlite over approximately 33 meters from a down-hole depth of approximately 62 meters. Narrow seams of kimberlite were also intersected intermittently from approximately 207 meters to 215 meters. The final hole depth was 220 meters.

Based on the success of the first drill hole, a second hole (KDI-13-002) is currently being drilled from the same platform, but at a shallower inclination. This hole has also intercepted kimberlite at a down-hole depth of approximately 60 meters. Drilling of this hole is still underway.

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

tsxv-kdi kennady-diamonds-inc
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