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| August 07, 2014 --- Vol. 08, No. 32 | August 2014
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Northwest Territories
DIAMONDS – Kennady Diamonds Inc. reported the recovery of 4.76 carats of diamonds from a 933-kilogram sample obtained from the Faraday kimberlite during the 2014 spring drill program at its Kennady North diamond project in Northwest Territories. Kennady Diamonds CEO Patrick Evans said, "The Faraday sample grade of 5.10 carats per tonne is outstanding and amongst the highest diamond sample grades recorded in Canada. This result confirms that the Faraday kimberlite has the potential to host a high grade diamond resource.” Of the diamonds recovered, 97 were larger than 0.85 millimeters, making them commercial grade. Besides the sample grade, Kennady said almost all the "commercial" size diamonds are described as transparent and either white/colorless or off-white. Approximately 75 percent have either no or only minor inclusions. Evans added, “We are very pleased with the Faraday diamond recovery results and are keenly looking forward to the diamond recovery results from the Kelvin 25 tonne mini-bulk sample that is currently being processed at the SRC (Saskatchewan Research Council). The summer delineation and mini-bulk sample drill program at Kennady North is progressing well with over 10 tonnes of kimberlite having been recovered to date from the Kelvin kimberlite pipe.”
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