19 September 2016
Toronto, Ontario, September 19, 2016 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce diamond recovery results from its large diameter drilling program focused on the north limb of the Kelvin kimberlite. A total of 1,278 carats of diamonds (+0.85mm) was recovered from 612 tonnes for a sample grade of 2.09 carats per tonne. The result is very similar to the 2015 bulk sample grade of 2.02 carats per tonne reported in 2015 from the south limb (see news release, August 26, 2015). In this latest result, 44 diamonds of one carat or greater were recovered with the largest stone a 3.43 carat white/colourless transparent octahedral twin with no inclusions. Table 1 below summarizes the diamond recovery results from the 2016 Kelvin north limb bulk sample.