Pearl Necklace

Tuesday, June 6, 2017

Have successfully achieved all the goals

Kennady Diamonds Inc. It has successfully completed a program of the winter sampling for kimberlite Faraday (Faraday) in Canada received 555 tons of ore.
Gross sampling was performed using two large-diameter rig reverse circulation. Samples are processed in laboratories Geoanaliticheskih Saskatchewan Research Council (Saskatchewan Research Council Geoanalytical Laboratories, SRC ).
Drilling for the winter program 2017 started on January 19 and was completed on April 10. A total of 75 wells have been drilled with total length of 8030 meters.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased to have successfully achieved all the goals of the 2017 winter program, we expect that we will be able to receive more than 1,000 carats of diamonds from three samples, which will facilitate the promotion of kimberlites. Faraday 2 and 3 to the intended resource, and Faraday kimberlite 1 becomes a target for further studies. "
Kennady Diamonds Inc. It controls 100% of the diamond project Kennadti- North (Kennady North), located in the Northwest Territories of Canada. It is adjacent to a diamond mine Gacho Quay (Gahcho Kué), a joint venture between De Beers Canada (51%) and Mountain Province (49%), which began production in late 2016.
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1 comment:

  1. Reserve Bank of India allowed banks to sell gold coins made corporation MMTC Ltd, through bank branches, as the source of gold purchased for the manufacture of coins, is the domestic market, according to media.
    The central government has given permission to MMTC to produce these gold coins with the image of Ashok Chakra for the domestic market. About sale of Indian gold coins was announced November 5, 2015 with the introduction of gold monetization program and programs of government bonds, backed by gold.
    Until now, Indian gold coins were allowed to be sold only through MMTC centers, which the country has no more than 25. This relief, which allows banks to sell gold coins is an important step by the government.
    "Corporation MMTC explained the Reserve Bank of India, gold is used for making Indian gold coins, will only come from the domestic market in the framework of existing programs gold deposits and monetization of gold," - said the Reserve Bank of India in its notification, opening for the banks to use them offices for sale of coins.

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