The company said the Kelvin infill/delineation drilling is designed to prepare a resource statement later this year.

Kennady Diamonds CEO Patrick Evans commented: "The spring infill/delineation drill program at the Kelvin kimberlite is progressing very well with six of the approximate twenty planned holes completed to date.

"Five of the six holes have confirmed the current geological model with the sixth having delineated approximately 80 meters of kimberlite outside of the current model."

The company said the enhanced ground conditions at the Faraday 2 kimberlite have allowed it to start land-based exploration/delineation drilling sooner than anticipated. Drilling of the first Faraday 2 land-based hole is currently underway.

The diamond recovery results from a 2.7 tonne Kelvin North sample are expected within the next two weeks followed by a 1 tonne Faraday 2 sample in early July.

Processing of the Kelvin 436 tonne bulk sample by dense-media separation is also underway and the results are anticipated in the third quarter, the company said.

Kennady Diamonds owns 100% stake in the Kennady North project which features thirteen leases and claims located immediately to the north and west of the four leases controlled by De Beers Canada and Mountain Province.