24 July 2014
• 183 meters of kimberlite intersected in Kelvin delineation drill hole
• Third drill rig mobilized and summer target doubled to 10,000 meters
• 7 tonnes of kimberlite recovered to date
• Kelvin – Faraday kimberlite tonnage estimate to be revised upwards
Toronto, Ontario, July 24, 2014 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce the latest results from the 2014 summer drill program at the Company’s 100 percent controlled Kennady North diamond project located in Canada’s Northwest Territories. Both delineation (DEL) and mini-bulk sample (MBS) drilling is currently underway at the northwest lobe of the Kelvin kimberlite. Delineation drill hole KDI-14-039 drilled over 183 meters of kimberlite—all to the north and outside the current Kelvin geological model.