Kennady Diamonds Announces Kelvin Bulk Sample Diamond Recovery Results

(IDEX Online) – Kennady Diamonds Inc. has announced diamond recovery results from its large diameter drilling program focused on the north limb of the Kelvin kimberlite.

A total of 1,278 carats of diamonds (+0.85mm) was recovered from 612 tonnes for a sample grade of 2.09 carats per tonne. The result is very similar to the 2015 bulk sample grade of 2.02 carats per tonne reported in 2015 from the south limb. 

In this latest result, 44 diamonds of one carat or greater were recovered with the largest stone a 3.43 carat white/colourless transparent octahedral twin with no inclusions.

President and CEO of Kennady Diamonds, Dr. Rory Moore commented: "We are very pleased with the result from the 2016 Kelvin bulk sample, as it demonstrates that the high diamond grades established for the south limb in 2015 extend over the full extent of the north limb of the body as well. This confirms the potential of the Kelvin kimberlite to host a high-grade diamond resource."

The five largest diamonds recovered from the Kelvin bulk sample are described as:

• 3.43 carat white/colorless transparent octahedral twin with no inclusions;
• 3.23 carat grey, translucent irregular shape with inclusions;
• 2.84 carat white/colorless, transparent octahedron with no inclusions;
• 2.57 carat white/colorless, transparent broken irregular shape with no inclusions;
• 2.14 carat off-white, transparent tetrahexahedron with no inclusions.