Kennady Diamonds
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Haven’t you always wanted to say “There’s diamonds in them there hills?” Well, Kennady Diamonds gets to say “There’s diamonds in them there kimberlites!”

Kennady Diamonds announced on August 6 that they found an exceptional diamond recovery in Canada’s Northwest Territory. The core was recovered during a 5,000 meter drill program that was undertaken last winter and according to the samples of drill core that were taken, Patrick Evans, Kennady Diamonds CEO, stated that:

The sample grade of 8.44 carats per ton is exceptional and confirms that the Kelvin-Faraday kimberlite cluster has a coarse diamond size distribution as well as the potential to host a high-grade diamond resource.

In fact, the three largest diamond were a 2.48 carat off-white transparent octahedral, a .90 carat off-white transparent irregular and a .75 carat off-white transparent octahedral. 64% of the recovered diamonds that were recovered are classified as white and transparent and almost all the white diamonds have either no inclusions or only minor inclusions.

Analyzing a Diamond Deposit

The reason why this diamond deposit sampling is so exciting for Kennady Diamonds is because bigger is better when you are analyzing a diamond deposit. Rough stones of at least .50 carats have a positive influence on the decision to develop a mine. Another factor is the color and clarity of the rough, which as you read is also stellar from this source.

These diamonds are cuttable, which means that they are good enough size, shape, clarity and color to be polished and used in jewelry.

Diamond Mining in Canada

Canada has become a very important resource for diamonds since the first kimberlite pipe was discovered in 1990. The pipes in Canada, although smaller tend to be richer in diamonds per ton of ore than economic pipes elsewhere in the world. One Canadian pipe can yield up to 62 carats from a 50 metric ton sample.

In Canada, more than half the kimberlite pipes contain diamonds. Because of this factor and the fact that Canada can be explored in the Northwest Territories, Alberta, Saskatchewan, Ontario and Quebec, it’s very likely that additional mines will be operational in the near future; this makes Canada’s potential contribution to total world diamond production extremely significant.

Kennady Diamonds

Kennady Diamonds controls 100 percent of the Kennady North project which comprises thirteen leases and claims located immediately to the north and west of the four leases controlled by the Gahcho Kué Joint Venture between De Beers Canada (51%) and Mountain Province (49%) located in Canada’s Northwest Territories.

Kennady Diamonds aims to identify a minimum 5 million ton resource along the Kelvin –Faraday kimberlite corridor and also to identify new kimberlites outside of the corridor.

I think Kennady Diamonds is sitting on a gold mine of diamonds!

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