Kennady’s Faraday 2 Kimberlite Returns 3.04 Carats per Ton Sample Grade
February 17, 16
(IDEX Online News) – Kennady Diamonds Inc has announced that the final 2015 diamond recovery results from the Faraday 2 kimberlite has returned a total commercial sample grade of 3.04 carats per ton.
The company said that a total of 6.4 tons of kimberlite had been recovered by core drilling at Faraday 2 and was processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (SRC).
Kennady revealed the composition of the three largest diamonds recovered in the sample. A 1.43-carat off-white, transparent tetra hexahedron with no inclusions, 1.02-carat off-white, transparent broken aggregate with inclusions and a 0.46 carat off-white, transparent fragment with inclusions.
“Delineation drilling has defined the strike of the Faraday 2 kimberlite over approx. 390 meters and the pipe remains open on strike to the west. The ‘commercial’ sample grade of over 3 carats per tonne confirms that the Faraday 2 kimberlite has the potential to host a high grade diamond resource,” said Kennady president and CEO, Patrick Evans.
The company also released some details of the first results from the 2016 Faraday 1 winter drill program. Six exploration/delineation drill holes were completed from two ice-based platforms amid attempts to map the width of the kimberlite intersections at Faraday 1.