Kennady Diamonds Inc. in its update on the summer drilling programme on the Kennady North Project announced that all but one of holes drilled  since its last update on August 11, 2016 have intersected kimberlite.

“In this latest round of drilling, Faraday 2 returned a 30.3m intersect of continuous kimberlite, with Faraday 3 producing three separate intersects of 18.3m, 20.7m and 28.7m,” the Company revealed.

President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “Our exploration model continues to be validated at Kennady North, with eight of the nine latest drill holes intersecting kimberlite. We are pleased with our results to date and expect additional kimberlite to be intersected as we continue our summer programme.”

The exploration and delineation drilling at the Kennady North project is being conducted from two land-based setups, the Company said. “One drill rig is focused on the Faraday 1-Faraday 3 kimberlite complex, and the second rig is active at Faraday 2,” Kennady Diamonds elaborated. “It is anticipated that over 8,000 meters of core drilling will be completed on the Faraday kimberlites by the end of the summer programme, with the results incorporated into defining a diamond resource along the Kelvin–Faraday corridor.”

In an update on the processing of its 620-tonne bulk sample that was collected from the Kelvin kimberlite earlier in the year, the Company said that over 75% of the material has been processed and completion of the bulk sampling is expected to take place in September.

 “Kennady Diamonds aims to identify a resource along the Kelvin – Faraday kimberlite corridor of between 13 million and 16 million tonnes at a grade of between 2 and 2.5 carats per tonne and also to identify new kimberlites outside of the corridor,” the Company said.