25 January 2016
Toronto, Ontario, January 25, 2016 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce diamond recovery results from the Faraday kimberlites at the Company’s 100 percent-controlled Kennady North project. The samples were recovered by core drilling during 2015 and processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (“SRC”).
Kennady Diamonds President and CEO Patrick Evans commented: “We are very pleased with these exceptionally high diamond recovery results, which confirm that the Faraday kimberlites have the potential to host high grade diamond resources. The 4.48 carat per tonne sample from Faraday 2 is the highest ‘commercial’ sample grade recovered to date at the Kennady North project.”