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    Kennady Diamonds Intersects 52 meters of Kimberlite at Faraday 2

    Investing News Network
    Mar. 30, 2015 10:47AM PST
    Diamond Investing

    Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over 52 meters in delineation drill hole KDI-15-005b.

    Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over 52 meters in delineation drill hole KDI-15-005b.

    As quoted in the press release.

    The Faraday 2 pipe-like body has now been defined over a strike length of approx. 90 meters from southeast to northwest. Based on the intersections in holes KDI-15-005a and 005b, the pipe-like body appears to be at least 30 meters wide and 70 meters in height and also appears to be increasing in volume on strike to the northwest.

    Kennady Diamonds CEO Patrick Evans stated:

    We are very encouraged by the good widths of the latest intersections at Faraday 2 and plan to continue testing the continuity of pipe-like body on strike to the northwest as well as to the southeast of the discovery holes. Based on the excellent results achieved to date at Faraday 2, the Company will be reviewing its current tonnage guidance for the Kelvin – Faraday kimberlite corridor, which currently stands at between 10 million and 13 million tonnes.

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

     

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