Kennady Diamonds Completes 2016 Winter Drilling Program

Mining and Exploration
03/06/2016 08:23

Kennady Diamonds Inc. reports that its 2016 winter drilling program was the most successful to date. President and CEO Dr. Rory Moore said: “The 2016 winter drill program was the company’s most successful to date. Highlights include the discovery of the Faraday 3 kimberlite, the subsurface delineation of both Faraday 1 and 3 up to and beyond the shoreline of Faraday Lake, the successful bulk sampling of the Kelvin North Lobe and the successful mini-bulk sampling of Faraday 2. The way is now clear for further land-based drilling at the Faraday kimberlites during the summer.”

He added: “What makes these diamond recoveries particularly exciting is that it is extremely rare to observe diamond in core, even in high grade kimberlites. The potential for high diamond grades in the Faraday bodies has already been demonstrated by the excellent microdiamond recoveries achieved on samples tested to date, and this development provides additional confidence that future bulk samples will confirm the high-grade nature of the Faraday bodies.”