The Conversation (0)
Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over 37 meters in delineation drill hole in delineation drill hole at Faraday 2.
Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over 37 meters in delineation drill hole in delineation drill hole at Faraday 2.
As quoted in the press release
Up to the end of 2014 Kennady Diamonds had recovered approx. 1 tonne of kimberlite from Faraday by drilling. Processing of the Faraday core samples by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”) yielded 4.76 carats greater than 0.85mm with a resultant “commercial” sample grade of 4.54 carats per tonne.
Kennady Diamonds CEO Patrick Evans stated:
This is an exciting development. Drill results from the first four delineation holes at Faraday 2 indicate that the kimberlite is trending on strike to the northwest. We’re also very encouraged by the good widths of the intersections. We plan to continue testing the continuity of Faraday 2 further to the northwest and will also test the continuity to the southeast of the discovery holes.
Click here for the full Kennady Diamonds Inc. (TSXV:KDI) press release