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RAPAPORT... Kennady Diamonds Inc. revealed that seven batches, or approximately 40 percent of samples from the summer 2013 drill program at the Kennady North diamond project, returned a sample grade of 5.37 carats per tonne. The batch also included two high-quality macro diamonds without any inclusions. Results for the remaining eight batches are expected to be released within the next two to three weeks. Kennady Diamonds recovered approximately 3,454 kilograms of kimberlite during the summer program from 21 holes drilled at the northwest lobe of the Kelvin kimberlite and these samples are being processed at the Geoanalytical Laboratories Diamond Services at the Saskatchewan Research Council. Patrick Evans, the CEO of Kennady Diamonds, said, "A sample grade of 5.37 carats per tonne is outstanding and confirms that the Kelvin kimberlite has a coarse diamond size distribution as well as the potential to host a high-grade diamond resource. The 2013 winter drill program returned an exceptional Kelvin sample grade of 8.13 carats per tonne, which included an extraordinary 2.48-carat diamond. Adjusting for the impact of that stone, there is a remarkable similarity between the 2013 winter sample grade and the sample grade of the first seven batches recovered from the 2013 summer program." The company is scheduled to examine geophysics over the Kelvin and Faraday kimberlites and explore new targets in February 2014. This will be followed in March by an expanded drill program, including more than 10,000 meters of delineation and exploration drilling and the extraction of a mini-bulk sample of approximately 25 to 30 tonnes from the Kelvin kimberlite.
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