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KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Post by aebestaceyon Jul 18, 2015 12:18am
180 Views
Post# 23936773

Like playing Black Jack! Love the odds!

Like playing Black Jack! Love the odds!
............... Kennady Diamonds CEO Patrick Evans commented: "It is exceptionally rare to find a macro diamond in drill core during logging and this is the second time that our geologists have made such a find. .................. This is a reflection of the high diamond content of both the Kelvin and Faraday kimberlites." ................ The first diamond was found in August 2014 during logging of core from the Kelvin kimberlite and was described as a 0.94 carat white/colorless transparent octahedral twin with etched trigons. ................ The core containing the Faraday 2 diamond will be processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council and the final weight and description of this diamond will be announced as soon as those results are received. A photograph of the Faraday 2 diamond in core has been posted on the Company's website at www.kennadydiamonds.com. ............... Kennady Diamonds is also currently processing a 436 tonne Kelvin bulk sample through the SRC dense-media separation plant and the diamond recovery results are expected before the end of Q3 2015. ............... In addition, processing of a further 2.6 tonnes of Kelvin South Lobe kimberlite by caustic fusion has commenced at the SRC. The diamond recovery results from this sample are expected by early September
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