Another Will P mention-Feb 25Patrick Evans's Kennady Diamonds Inc. (KDI), up 25 cents to $3.80 on 27,000 shares, has scored an 80-metre vertical kimberlite intersection at the northern end of its long but narrow Kelvin kimberlite, 10 kilometres northeast of Gahcho Kue in the Northwest Territories. Mr. Evans says the latest success occurred 50 metres northwest of drill hole KDI-HQ14-033a. (He might also have described the new hole as having been drilled at the same site where Kennady recently drilled two angled holes, but that would not lure investors into an overenthusiastic assumption about another jump in Kelvin's projected tonnage.) Further, the geometry suggested by the latest troika of drill holes suggests Kelvin may finally be pinching off at its northern end, as the two angled holes near the latest vertical test produced just 12.6 metres and 54.5 metres of kimberlite respectively. At the much ballyhooed 033a site, a vertical hole yielded a 195-metre kimberlite hit. Further probing at the northern end of Kelvin will have to wait for summer. Kennady has moved its equipment to drill Faraday, an associated kimberlite body at the southern end of Kelvin that must be drilled from an ice-covered lake. (The northern end of Kelvin can easily be drilled from land.) That is the pragmatic reason for the shift, but there is a promotional explanation as well. Mr. Evans thinks Kennady has an opportunity to score some significant kimberlite hits at Faraday, where it discovered what appears to be a small blow. The company drilled over 40 metres of kimberlite last winter at the site, which it calls Faraday 3. That leads Mr. Evans to believe that "the potential exists for substantial tonnage." Faraday's tonnage potential has so far been lagging its more productive sister, but the apparent diamond populations and grades of the two bodies appear similar. Kennady has been mini-bulk testing Kelvin since 2013 and now has 112 carats of diamonds from 48.2 tonnes of Kelvin kimberlite, an average of 2.32 carats per tonne. At Faraday, the company has tested just 1.05 tonnes for kimberlite, but that rock yielded 4.76 carats, or about 4.5 carats per tonne. (At this point there is no reason to suspect the two bodies have grades materially different from each other, or for that matter, from the three rich Gahcho Kue pipes.) Kennady will bulk sample Kelvin this year, collecting up to 700 tonnes of kimberlite. The company is seeking a parcel of 1,200 carats but it could acquire significantly more, if it processes the full tonnage.