17 July 2015
Toronto, Ontario, July 16, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds,” the “Company”) (TSXV:KDI) is pleased to announce that a macro diamond has been found during logging of core from the Faraday 2 kimberlite. The diamond, which is still partially embedded in kimberlite, was found on July 15, 2015, during logging of core recovered from Faraday 2 hole KDI-15-045b.
Kennady Diamonds CEO Patrick Evans commented: “It is exceptionally rare to find a macro diamond in drill core during logging and this is the second time that our geologists have made such a find. This is a reflection of the high diamond content of both the Kelvin and Faraday kimberlites.”
The first diamond was found in August 2014 during logging of core from the Kelvin kimberlite and was described as a 0.94 carat white/colorless transparent octahedral twin with etched trigons.