Kennady Diamonds Updates Kennady North Drilling

28 October 2015

• 127 meters of kimberlite intercepted at Kelvin North
• 30 meters of kimberlite intercepted at Faraday 2
• Kelvin – Faraday tonnage guidance increased to 13 - 16 million tonnes

Toronto, Ontario, October 28, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce further drill results from the 100 percent controlled Kennady North diamond project located in Canada’s Northwest Territories. The focus of drilling was to:
1.    define continuity of the Kelvin kimberlite beyond the current geological model at the Northwest Lobe;
2.    define continuity of the Faraday 2 kimberlite beyond the current geological model at the West Lobe; and
3.    test exploration targets at the Doyle kimberlite.

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