NORTHWEST TERRITORIES – The latest drill results from the Kennady North diamond property, adjacent to the Gahcho Kué development, cut 194.59 metres and 187.30 metres of kimberlite at the Kelvin North target, said 100% owner Kennady Diamonds of Toronto.
CEO Patrick Evans commented, “While the 194 meter intersect in hole 010 confirmed the existing geological model, the 187 meter intersect in hole 009a expanded the existing model by approximately 80 meters. This will positively impact the Kelvin tonnage estimate.”
A maiden resource estimate is expected by the end of 2015.
Drilling at Kelvin will continue until mid-June with two drill rigs. Then delineation drilling at the Farady 2 kimberlite will begin with a third. A 2.7-tonne sample from Kelvin will be processed, and then a 1.0-tonne sample from Faraday 2 will be tested.
An animated, 3-D video of the Kelvin kimberlite is available at KennadyDiamonds.com.