Kennady Diamonds Announces Kelvin Exploration Results

26 January 2015

  • DMS “Commercial Size” Sample Grade of 2.59 carats per tonne
  • Caustic Fusion “Commercial Size” Sample Grade 2.57 carats per tonne
  • First Kelvin 2015 drill hole intersects kimberlite
Toronto, Ontario, January 26 – Kennady Diamonds Inc. (“Kennady Diamonds,” the “Company”) (TSX-V:KDI) is pleased to announce further diamond recovery results from the Kelvin 2014 summer/fall minibulk sample program. The mini-bulk sample was recovered by drilling along the north lobe of the Kelvin kimberlite.
Approximately 18.88 tonnes of kimberlite was processed by dense media separation (“DMS”) at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”) and a further 5 tonnes was processed by caustic fusion, with 3.77 tonnes being processed at the SRC and 1.23 tonnes being processed at the Rio Tinto diamond laboratory in Thunder Bay, Ontario. Processing of the samples was completed under the supervision of Mr. Howard Coopersmith, P. Geo., the Company’s independent external Qualified Person for sample processing and diamond recovery.