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