Kennady North Summer Drilling Program Intersects with Kimberlites

(IDEX Online News) – Canadian diamond exploration company Kennady Diamonds has provided an update on its Kennady North project summer drilling program.

The company said that six of the drill holes completed to-date have intersected kimberlite, with two drill holes at Faraday 2 and one drill hole at Faraday 3 intersecting over 30 meters of kimberlite. Both of those locations have also been confirmed as extending from beneath Kennady Lake on to land.

“The drill holes on Faraday 2 have returned robust kimberlite intersections, and current drilling continues to track the body in a westerly direction,” said Kennady president and CEO Dr Rory Moore. “Our systematic approach to expanding the Faraday bodies is exactly the same as that which expanded Kelvin to its present size. We have no doubt that as we continue, additional kimberlite will be discovered with this exploration model.”

Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located in Canada's Northwest Territories immediately adjacent to the Gahcho Kué diamond mine currently under development by De Beers and Mountain Province Diamonds.