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Kennady Updates on Drilling at Kennady North Project

Charlotte McLeod
Apr. 29, 2014 10:06AM PST
Diamond Investing

Kennady Diamonds Inc. (TSXV:KDI) provided an update on drilling at its Northwest Territories-based Kennady North diamond project, noting that larger-diameter drilling is moving forward at the Kelvin kimberlite.

Kennady Diamonds Inc. (TSXV:KDI) provided an update on drilling at its Northwest Territories-based Kennady North diamond project, noting that larger-diameter drilling is moving forward at the Kelvin kimberlite. Further, to date, over 16 tonnes of the planned 25-tonne mini bulk sample have been recovered.

Patrick Evans, CEO of Kennady, said:

We are particularly excited about the unusual recovery at site of a high quality white/colorless and transparent diamond measuring approximately 1mm in diameter. The diamond was found in core from the Kelvin hole KDI-14-012a at a down-hole depth of approximately 114 meters. While unusual, a 4.3 tonne sample recovered from the Kelvin kimberlite in 2013 did return a sample grade of 5.38 carats per tonne, which is exceptionally high.

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

tsxv:kdi kennady diamonds inc
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