Kennady Diamonds Announces Kelvin Diamonds Recovery Results

23 April 2015

• Kelvin South Lobe “Commercial” Sample Grade 3.64 carats per tonne
• Kelvin Sheet “Commercial” Sample Grade 5.95 carats per tonne

Toronto, Ontario, April 23, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds,” the “Company”) (TSX-V: KDI) is pleased to announce further diamond recovery results from the Kelvin 2014 summer/fall core drilling program. Approximately 1.83 tonnes of kimberlite from the Kelvin South Lobe and 47.62 kilograms from the Kelvin Sheet was processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”). The 1.83 tonne Kelvin South Lobe sample was recovered by HQ diamond drilling and these core holes also served as pilot holes for the 2015 Kelvin bulk sample that was recovered using large diameter reverse-circulation drill rigs.

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