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Kennady Diamonds Inc.

09:51 AM EST - Kennady Diamonds Inc. : Announced the valuation results for diamonds recovered from the Faraday kimberlites at the 100 percent-controlled Kennady North project located in Canada's Northwest Territories. A total of 1,259.16 carats (+0.85mm) recovered from the 2017 bulk sampling program was sent to WWW International Diamond Consultants in Antwerp for valuation. WWW has reported a collective average value of $109 U.S. per carat for the entire parcel. In particular a population of high value white gem quality stones was noted in all three of the Faraday bodies, including a 7.78-carat sawable diamond recovered from Faraday 3 valued at $2,967 U.S. per carat. Kennady Diamonds Inc. shares V.KDI are trading unchanged at $3.20.