18 March 2015
Toronto, Ontario: March 18, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce that kimberlite has been intersected over approx. 32 meters in the first of fourteen drill holes planned for the Faraday Spring delineation drill program.
Kennady Diamonds CEO Patrick Evans commented: “We are very pleased with this first kimberlite intersect at Faraday 2 where drilling in the winter of 2014 resulted in the discovery of a shallow kimberlite “blow” or small pipe-like body. Recently completed ground geophysics at Faraday has identified anomalies comparable in size to the main Kelvin kimberlite. This leads us to believe that the potential exists for substantial tonnage at the high grade Faraday kimberlite where we are planning to establish continuity over the approx. 1 kilometer strike.
Table 1 below provides details of drill hole KDI-15-002a.