DIAMONDS: Kennady ups Kelvin-Faraday tonnage to 9-12M tonnes

NORTHWEST TERRITORIES – Exploration is paying off for Toronto's Kennady Diamonds. Recent work at Kelvin 300 km northeast of Yellowknife has allowed the company to increase its tonnage estimate for the Kelvin-Faraday kimberlite corridor to between 9 million and 12 million tonnes from between 7 million and 10 million tonnes.

Kennady CEO Patrick Evans said in a news release, "After three months of drilling this summer/fall, we have increased the strike of the Kelvin kimberlite pipe to over 600 meters. As we have moved north, delineation drilling has confirmed that the vertical and horizontal dimensions of the pipe are increasing. Besides the increasing volume, the Kelvin pipe remains open on strike to the north and we have yet to find the feeder pipe to the Kelvin-Faraday kimberlite complex."

Kennady says it is begun construction of an advanced exploration camp at Kelvin Lake to support year-round drilling. The existing camp, Bob Camp 20 km to the west, will continue to serve as a regional exploration camp for the Kennady North project. Bulk sampling at Kelvin is expected to begin early in 2015.

Project photos are available at KennadyDiamonds.com.