Kennady Raises Tonnage Estimate for Kelvin-Faraday Kimberlite

Kennady Diamonds Inc. (TSXV:KDI) announced the latest results from the summer drill program at its Northwest Territories-based Kennady North project.

As quoted in the press release:

Following the mobilization of a third drill rig, drilling at the Kennady North project has advanced rapidly with the result that the estimate for the summer drill program has been increased to approximately 12,000 meters. The focus remains on delineation, exploration and mini-bulk sample drilling at the Kelvin and Faraday kimberlites, as well as exploration drilling at the MZ and Doyle kimberlites and at least four new exploration targets.

CEO Patrick Evans said:

Delineation drilling at the north lobe of the Kelvin kimberlite pipe is exceeding expectations and initial exploration drilling at the Kelvin dyke is returning promising kimberlite intersects. Based on the results to date, we have revised our tonnage estimate for the Kelvin – Faraday kimberlite corridor from the previous 5 to 8 million tonnes to 7 to 10 million tonnes.

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