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Kennady Announces Highest Commercial Sample Grade from Canada Project
Jan 27, 2016 3:06 AM
By Rapaport News
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RAPAPORT... Kennady Diamonds announced a record
commercial sample grade from the company’s 100-percent controlled Kennady North
project in Canada.
The grade for stones greater than
0.85mm from the Faraday 2 kimberlite was 4.48 carats per tonne, while the
sample grade at Faraday 1 was a lower 3.07 carats per tonne, according to a
statement January 25.
“The sample from Faraday 2 is the
highest commercial sample grade recovered to date at the Kennady North
project,” said Patrick Evans, Kennady Diamonds’ president and chief executive
officer. The results “confirm that the Faraday kimberlites have the potential
to host high-grade diamond resources,” he said.
The
samples were recovered by core drilling during 2015 and processed by caustic
fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan
Research Council.
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Tags:
Canada, Faraday 1, Faraday 2, Kennady Diamonds, kennady north, Rapaport News
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