Advanced Search

Kennady Intersects 70-Meters of Kimberlite at Kelvin

Aug 26, 2013 1:27 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Kennady Diamonds Inc. intersected more than  70 meters of kimberlite in a step-out drilling exercise  performed to the northwest of its main Kelvin kimberlite. Delineation drilling, which has been taking place approximately 100 meters from Kelvin Lake and more than 300 meters from the main Kelvin kimberlite, is increasing confidence in the tonnage potential of the Kelvin kimberlite, according to the junior explorer.

Patrick Evans, the CEO of Kennady Diamonds, explained, "We are particularly encouraged that the step-out drilling continues to intersect kimberlite more than 300 meter to the northwest of the main Kelvin kimberlite. This is the farthest to the northwest that kimberlite has been intersected and the kimberlite body continues to demonstrate substantial widths. Delineation drilling to determine the limits of the kimberlite emplacement is continuing."

Kennady Diamonds reported that more than 3 tonnes of kimberlite have been recovered to date from approximately 3,000 meters of drilling, which is well in excess of the targets set for this current program.  At the conclusion of the drill program within the next two weeks, the recovered kimberlite will be dispatched to the Geoanalytical Laboratories Diamond Services at the Saskatchewan Research Council for recovery of diamonds by caustic fusion.

"We expect to release diamond recovery results early in the fourth quarter. The additional data will facilitate progress towards the first resource statement for the Kennady North project and also add significantly to our diamond database," Evans said.

Tags: Canada, drilling, Jeff Miller, kennady, kimberlite, results
Similar Articles
Burgundy yellow diamonds 140Burgundy Diamond Mines Inks New Polished Deals
Aug 03, 2022
Australia-based Burgundy Diamond Mines has signed a two-stage agreement to provide polished fancy-color diamonds to prominent Perth
Lucapa 170ct pink diamond 140Lucapa Unearths 170ct. Pink from Lulo
Jul 27, 2022
Lucapa Diamond Company has recovered one of the largest pink diamonds in history: a 170-carat stone from
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.