Kennady Reports Sample Grade of 4.65 Carats per Tonne at Faraday 1

Kennady Diamonds Inc. (TSXV:KDI) announced 2015 diamond recovery results from the Faraday 1 kimberlite at its Kennady North project. A sample of 0.518 tonnes of kimberlite was recovered by core drilling at Faraday 1 and returned a sample grade of 4.65 carats per tonne.
Patrick Evans, president and CEO of Kennady, commented:

Good progress was made in 2015 delineating and sampling the Faraday 1 kimberlite. We are very pleased with the excellent results. Delineation drilling to date has defined the strike of the Faraday 1 kimberlite over approx. 160 meters and the pipe remains open on strike to the northwest where core drilling is currently underway.
The ice-based drilling currently underway at Faraday 1 is designed to continue defining the pipe-like body on strike to the northwest to the point where land-based drilling in the spring/summer will be possible. Following completion of the current series of holes being drilled 40 meters beyond the last major intersects, the core rig will be moved to the southwest of the Faraday 1 kimberlite to test two areas where unexplained volcanoclastic kimberlite was intersected in 2015.

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