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Kennady Diamonds Provides Update on Kennady North Summer Program
Aug. 31, 2016 07:41AM PST
Diamond InvestingKennady Diamonds Inc. (TSXV:KDI) announced that all but one of the latest drill holes completed since the last update dated August 11, 2016 have intersected kimberlite on its summer drilling program on the Kennady North Project in the Northwest Territories.
Kennady Diamonds Inc. (TSXV:KDI) announced that all but one of the latest drill holes completed since the last update dated August 11, 2016 have intersected kimberlite on its summer drilling program on the Kennady North Project in the Northwest Territories. immediately adjacent to the Gahcho Kué diamond mine.
As quoted in the press release:
All but one of the latest drill holes completed since the last update dated August 11, 2016 have intersected kimberlite. In this latest round of drilling, Faraday 2 returned a 30.3m intersect of continuous kimberlite, with Faraday 3 producing three separate intersects of 18.3m, 20.7m and 28.7m.
President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “Our exploration model continues to be validated at Kennady North, with eight of the nine latest drill holes intersecting kimberlite. We are pleased with our results to date and expect additional kimberlite to be intersected as we continue our summer program.”