Canadian Mining Journal

News

DIAMONDS: Kennady bulk sample points to Faraday 2 potential



NORTHWEST TERRITORIES – Kennady Diamonds of Toronto has received good diamond recovery results from the Faraday 2 mini-bulk sample. The 21.1-tonne sample was recovered using two large diameter reverse circulation drills at the Kennady North project.

The sample was processed by dense media separation by the Saskatchewan Research Council. The sample graded 2.69 carats per tonne, when diamonds greater than 0.85 mm were tallied. Three larger stones were recovered from the sample: a 1.9-carat grey transparent aggregates with inclusions; a 1.73-carat light brown, transparent broken aggregate with inclusions; and a 1.52-carat grey transparent aggregate with inclusions.

Kennady president and CEO Dr. Rory Moore noted,: “While the recovered parcel is not sufficient to obtain a statistically reliable valuation, the results confirm that the Faraday 2 kimberlite has the potential to host a high grade diamond resource.”

The company is also defining a resource at the Kelvin kimberlite. Please see www.KennadyDiamonds.com.