- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
First Helium
Soma Gold Corp.
Purpose Bitcoin ETF
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Kennady Reports Diamond Recovery Results from Faraday Kimberlites
Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from the Faraday kimberlites at its Kennady North project. The company believes the results show that the kimberlites “have the potential to host high grade diamond resources.”
Kennady Diamonds Inc. (TSXV:KDI) announced diamond recovery results from the Faraday kimberlites at its Kennady North project. The company believes the results show that the kimberlites “have the potential to host high grade diamond resources.”
The three largest diamonds from the Faraday 2 sample are as follows:
- 1.43 carat off-white, transparent tetra hexahedron with no inclusions;
- 1.02 carat off-white, transparent broken aggregate with inclusions; and
- 0.28 carat off-white, transparent dodecahedron with inclusions.
The three largest diamonds from the Faraday 1 sample are as follows:
- 0.17 carat off-white, transparent octahedron with no inclusions;
- 0.12 carat off-white, transparent tetra hexahedron with no inclusions; and
- 0.11 carat off-white, transparent broken octahedron with inclusions.
Patrick Evans, president and CEO of Kennady, commented:
The 4.48 carat per tonne sample from Faraday 2 is the highest ‘commercial’ sample grade recovered to date at the Kennady North project.
Ice-based core drilling at the Faraday 1 kimberlite commenced last week. The drilling is designed to extend the strike of Faraday 1 beyond the 120 meters defined to date. The Faraday 2 kimberlite has been defined over a strike of approx. 480 meters and the Kelvin kimberlite over a strike of more than 640 meters. All three kimberlites remain open on strike with the volume of kimberlites increasing on strike.
Click here to read the full Kennady Diamonds Inc. (TSXV:KDI) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.