Diamond

Kennady Diamonds Inc. (TSXV:KDI) announced that the first five infill drill holes at the Kelvin kimberlite have intersected kimberlite over widths from 21.49 to 116.1 meters. Results from the first hole were released July 25; those for the other four were made available today.

Kennady Diamonds Inc. (TSXV:KDI) announced that the first five infill drill holes at the Kelvin kimberlite have intersected kimberlite over widths from 21.49 to 116.1 meters. Results from the first hole were released July 25; those for the other four were made available today.

Here are the results released today:

Drill HoleTargetAzimuthInclination from HorizontalKimberlite Intercepts (m)End of Hole (m)
FromToIntercept*
KDI-13-031Kelvin85-6077.31141.7064.39227
KDI-13-032Kelvin67-4562.8484.3321.49162
KDI-13-033Kelvin67-6071.14150.88**74.50181
KDI-13-034Kelvin120-4558.90175.00116.10208

*Not true widths
**Includes 5.24m granite

Patrick Evans, CEO of Kennady, commented:

We are very encouraged by the wide kimberlite intercepts we’re achieving at the north lobe of the Kelvin kimberlite. The high success rate of our infill drill program has already resulted in the recovery of more than 1,200 kilograms of kimberlite from just the first five drill holes. We are currently planning to drill at least eight and possibly as many as ten infill drill holes at Kelvin by the end of August.

By the time we have completed our planned 2,500 meter summer drill program we expect to have recovered more than 1,600 kilograms of kimberlite, which well exceeds the 1,103 kilograms recovered during last winter’s 5,000 meter drill program.

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

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