Kennady Diamonds (“Kennady”, the “Company”) (TSX-V: KDI) is pleased to announce that the bulk sampling of the Faraday 2 kimberlite is progressing well with 12 drill holes completed and 100 tonnes of kimberlite collected since the program began on January 20. The Company plans to recover a total of approximately 570 tonnes of kimberlite from the Faraday kimberlites during the 2017 winter program, including 260 tonnes from Faraday 2, 300 tonnes from the Faraday 3 and approximately 10 tonnes from Faraday 1.
As quoted in the press release:
Kennady Diamonds President and CEO, Dr. Rory Moore stated: “We are delighted with the very productive early start to the 2017 winter program, which was facilitated by having stored an RC drill rig on site after completion of the 2016 program. Moreover, we have decided to mobilize a second RC rig up the winter road this week in order to take further advantage of optimal drilling conditions.”
Click here for the full text release
The post Kennady Provides Update on the Faraday Bulk Sampling Program appeared first on Investing News Network.