Kennady Diamonds Reports Final Diamond Discovery Results from Kelvin Sample

Kennady Diamonds Inc. (TSX-V:KDI) has reported the final diamond recovery results from a Kelvin 2.67 tonne sample. This sample was recovered by core drilling at the Kelvin North Lobe.
According to the press release:

The sample was processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”) and returned an exceptional sample grade of 3.40 carats per tonne for diamonds of commercial size.
Kennady Diamonds President and CEO Patrick Evans commented: “Kelvin North Lobe drill samples continue to return outstanding diamond recovery results. Over the course of 2015 we have processed by caustic fusion a total of 12.8 tonnes of core samples from the Kelvin North Lobe, which have returned an average sample grade of 2.79 carats per tonne. These results correspond well with aDecember 2014 North Lobe mini-bulk sample processed by dense media separation at the SRC, which returned a grade of 2.59 carats per tonne.”
Mr. Evans added: “Planning is now well underway to recover an approximate 500 tonne bulk sample from the North Lobe in February/March next year, with results expected by mid-2016. The bulk sample is expected to deliver more than 1,200 carats to support revenue modeling for the Kelvin kimberlite.”
 
Processing of the 2.67 tonne Kelvin North Lobe sample clears the way to complete grade modeling for the NI 43-101 Kelvin resource statement currently in preparation. Very high diamond counts from the latest sample resulted in a delay in finalization of results as individual diamonds are weighed and described. As a result, the NI 43-101 report is now expected to be released in early 2016.

 
Click here to read the full press release.