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Kennady Diamonds Inc. (TSXV:KDI) announced the latest drill results from its Northwest Territories-based Kennady North project. The company is completing work at both the Kelvin and Faraday 2 kimberlites.
Kennady Diamonds Inc. (TSXV:KDI) announced the latest drill results from its Northwest Territories-based Kennady North project. The company is completing work at both the Kelvin and Faraday 2 kimberlites.
The most recent results from the Kelvin kimberlite are as follows:
In terms of the Faraday 2 kimberlite, the most recent results are as follows:
Patrick Evans, CEO of Kennady, commented:
At Kelvin we are currently conducting delineation/infill drilling in preparation for the maiden resource statement expected before the end of the year. Most of the current infill drill holes are designed to also provide geotechnical and hydrological data to support the future Kelvin mine design. Remarkably, another macro diamond was recovered last Friday during logging of core from the Kelvin hole 047. The dimensions of the diamond are approximately 2mm by 3mm. This is the third time that a diamond has been recovered during core logging at Kennady North and is a reflection of the very high diamond content of both the Kelvin and Faraday kimberlites.
Drilling at the Faraday 2 kimberlite has been focused on delineating the lower portions of the pipe which inevitable results in shorter kimberlite intersects than previously reported. Based on the results to date it appears that the Faraday 2 kimberlite is changing direction from the SE to NW strike so far delineated over 240 meters.
Click here to read the full Kennady Diamonds Inc. (TSXV:KDI) press release.