Kennady Diamonds Inc.  announced recently that   it   is presently “reviewing” an initial draft of the Kelvin diamond valuation report it has received from  WWW International Diamonds,  Antwerp, Belgium. “As part of the Company’s economic assessment of the Kelvin kimberlite, a second, independent market valuation is now underway in Antwerp,” the Company added. “The second exercise is designed to obtain the market valuation for a combined parcel of diamonds from both the 2015 and 2016 bulk sampling exercises at Kelvin.”

President and CEO of Kennady Diamonds, Dr. Rory Moore commented: “We are pleased to have an initial draft report from WWW, which we are presently reviewing. We also look forward to completing our second valuation of all the Kelvin diamonds as their combined weight of over 2,000 carats provides a more robust parcel size for real-time market valuation.”

While the second market valuation will be completed at the end of this week, its    results are expected   seven to ten days thereafter.

Kennady Diamonds indicated that upon completion of its review and finalisation of the report of the WWW findings, the valuation results will be released;  which is expected to be done by the end of this week.