Kennady Diamonds loses altitude on Kelvin results

摘要

Kennady Diamonds' (TSXV: KDI; US-OTC: KDIAF) high-flying stock lost almost a third of its value in a single day on disappointing grades from a mini-bulk sample at its Kennady North diamond project in the Northwest Territories. At 1.79 carats per tonne, the grade from the 25-tonne sample from the Kelvin kim-berlite - which returned 751 commercial-sized (larger than 0.85 mm) diamonds weighing a total of 44.64 carats - is actually quite good. However, previous samples had hinted at even higher grades: a 4.3-tonne sample last year returned 18.57 carats of diamonds for a grade of 4.32 carats per tonne.