Kennady Diamonds Updates Kennady North Drilling

31 August 2015

•    152 meters of kimberlite intercepted at Kelvin North
•    4.64 meters of kimberlite intercepted at MZ Sheet
Toronto, Ontario: August 31, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce further drill results from the 100 percent-controlled Kennady North diamond project located in Canada’s Northwest Territories. Following drilling of hole KDI-15-057, the Kelvin infill drill program is now complete. In addition, all but two of the Kelvin geotechnical drill holes have been completed, with the remaining two expected to be completed by mid-September. With the mobilization to site of a larger fourth drill rig, further delineation drilling at the north lobe of the Kelvin kimberlite has commenced.