Canadian Mining Journal

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DIAMONDS: Kennady discovers third kimberlite at Faraday



NORTHWEST TERRITORIES  – Kennady Diamonds of Toronto says that drilling has resulted in the discovery of a third kimberlite at the high grade Faraday kimberlite cluster, part of the Kennady North project 280 km northeast of Yellowknife and adjacent to the Gahcho Kue development project.

Three exploration holes have been completed at the Faraday 3 discovery, and they intersected 55.80, 27.96 and 26.26 metres of kimberlite.

Meanwhile, the bulk sampling program at the Kelvin North lobe is at the half-way mark with 13 of the 26 planned large diameter reverse circulation holes completed. More than 300 tonnes of kimberlite has been collected. The target is 500 tonnes. A second diamond chip has been recovered from the sample.

Photographs of the most recently discovered diamonds from the site will be posted shortly under the Media Link tab at www.KennadyDiamonds.com together with maps illustrating the latest drill results from Faraday 3.