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Kennady Diamonds Reports Sample Grade of 2.53 Carats per Tonne

Charlotte McLeod
Nov. 19, 2015 10:45AM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from the first batch of a 2.67-tonne sample recovered by core drilling this past spring at the Kelvin North Lobe.

Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from the first batch of a 2.67-tonne sample recovered by core drilling this past spring at the Kelvin North Lobe.
As quoted in the press release:

Approximately 0.97 tonnes out of the total 2.67 tonne sample has been processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”) and returned a sample grade of 2.53 carats per tonne for diamonds of commercial size.

Patrick Evans, CEO of Kennady, commented:

Kelvin North Lobe drill samples continue to return excellent diamond recovery results. A recent 443 tonne bulk sample from Kelvin’s Southeast Lobe returned an average grade of 2.02 carats per tonne. Based on diamond recovery results to date from the North Lobe it’s evident that Kevin has the potential to host an overall diamond grade of between 2 and 2.5 carats per tonne. To confirm this, planning is underway to recover an approximate 500 tonne bulk sample from the North Lobe in February/March next year with results expected by mid-2016.

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

kennady diamonds inc tsxv:kdi
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