Jan 24, 2017

Kennady Announces Sample Grade of 3.14 CPT for Faraday 1 and 3.22 CPT for Faraday 2

Kennady Diamonds Inc.   yesterday reported  the  diamond recovery results from the Faraday 1 and 2 kimberlites at the Company’s 100 percent-controlled Kennady North project.

Announcing the results, Kennady Diamonds President and CEO Dr. Rory Moore said: “We are very pleased with the consistently high diamond recoveries emerging from the Faraday kimberlites. The sample grades of 3.14 carats per tonne for Faraday 1 and 3.22 carats per tonne for Faraday 2 build on our previous results reported in 2016, and provide further confidence for a positive outcome to the 2017 winter bulk sampling of these kimberlites.”

The samples were recovered by core drilling during 2016 and processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (SRC), Kennady said.