Kennady Diamonds is a leading Canadian diamond exploration company headquartered in Toronto, Ontario. The company’s exploration focus is on the 100 percent controlled Kennady North project located immediately adjacent to the De Beers/Mountain Province Diamonds Gahcho Kué diamond mine in Canada’s Northwest Territories.
The highly prospective Kennady North project hosts two known kimberlites—Kelvin and Faraday. Diamond recoveries from the 2013 winter drill program returned a sample grade of 8.13 carats per tonne for the Kelvin kimberlite and 11.23 carats per tonne for the Faraday kimberlite. Delineation drilling of the Kelvin and Faraday kimberlites is continuing.
A 2011 airborne gravity survey flown by Fugro Airborne Surveys also identified 106 geophysical anomalies, of which 39 are considered high priority as they resemble the signatures of known kimberlite bodies in the Kennady Lake region. Exploration drilling of new targets will resume in early 2014.