6 October 2014
Kelvin total sample grade 2.16 carats per tonne
Toronto, Ontario, October 6, 2014 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) today announced the diamond recovery results from the Kelvin 25 tonne mini-bulk sample. The sample was processed by dense media separation at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”).
Commenting, Kennady Diamonds CEO Patrick Evans said: “The Kelvin total sample grade of 2.16 carats per tonne is in line with our guidance of ‘better than 2 carats per tonne’ and confirms the potential for Kelvin to host a high grade diamond resource. It’s apparent, however, that the number of larger diamonds in the sample is lower compared with previous Kelvin samples. A higher frequency of larger diamonds in previous samples resulted in sample grades well above 2 carats per tonne. The sampling and treatment methods used for the mini-bulk sample will be reviewed to understand the reasons for this.”