Kennady Diamonds Inc. has said that it has achieved success in its drilling activity at its wholly owned Kennady North project which continues to intercept kimberlite well beyond the current geological model. In its latest update, the miner said that 122 meters of kimberlite had been intercepted at Kelvin North, while 5 meters of kimberlite were intercepted at MZ Sheet.

The company said that in addition to the two delineation holes at KD1 a third delineation hole is currently being drilled from the same platform. This is designed to delineate the Kelvin kimberlite to the northwest beyond the current model, it added.

The statement also noted that exploration drilling at the MZ kimberlite, which is located approximately 25 kilometers to the west of the Kelvin camp, has helped define the MZ kimberlite over a strike length of approximately 2 kilometers. Based on the results to date, the MZ kimberlite appears to be an approximate 3 meter wide sheet structure dipping at approximately 15 degrees to the northeast.

It also reported that the Company has seven batches of kimberlite core at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council for processing by caustic fusion. Three batches weighing a total of 7.72 tonnes are from the Kelvin North Lobe; three batches weighing a total of 4.16 tonnes are from Faraday 2; and one batch weighing 0.55 tonnes is from Faraday 1. The diamond recovery results from these samples are expected to be released over the balance of the year as each batch is processed

Patrick Evans, CEO, commented, “If our drilling at MZ continues to confirm continuity of the MZ kimberlite sheetwe expect to be able to delineate significant tonnage. Processing of kimberlite recovered from MZ will assist in understanding both the grade potential and diamond quality. These results are expected beforethe yearend.”