Kennady Reports Diamond Recovery Results from Faraday Kimberlites

Diamond Investing

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.

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