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Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over about 80 meters in KDI-15HQ-002, the most recent Kelvin delineation drill hole.
Kennady Diamonds Inc. (TSXV:KDI) announced that it has intersected kimberlite over about 80 meters in KDI-15HQ-002, the most recent Kelvin delineation drill hole.
As quoted in the press release:
Kennady Diamonds is also pleased to announce that the bulk sampling of the Kelvin kimberlite has commenced using two large-diameter reverse circulation drill rigs. The Company plans to recover a 500 to 700 tonne bulk sample, which is expected to result in the recovery of diamonds weighing more than 1,200 carats. This diamond parcel will be used for revenue modeling of the Kelvin kimberlite.
Patrick Evans, CEO of Kennady, commented:
The latest intercept at Kelvin returned approx. 80 meters of kimberlite, which is very encouraging. Combined with the previous drill hole KDI-15HQ-001b, a minus 70 degree delineation hole that intersected approx. 54.5 meters of kimberlite, this confirms the continuity of the Kelvin kimberlite to the northwest. As these holes are being drilled from land rather than ice, further delineation drilling at the NW lobe of Kelvin will resume next summer.
Click here to read the full Kennady Diamonds Inc. (TSXV:KDI) press release.