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Mountain Province
Resource Update Boosts Mountain Province
Diamond resources at Mountain Province’s explorationproject in Canada’s Northwest Territories are 74% higher than the company originallyestimated, according to a revised evaluation. The Faraday 2 deposit, one of three pipes in the miner’sKennady North project, has 5.5...
Mining Apr 14, 2019 Rapaport News
Mountain Province to Acquire Kennady Diamonds 150
Mountain Province Acquires Kennady Project
Mountain Province Diamonds will purchase exploration group KennadyDiamonds in an all-share deal, reuniting two Canadian companies that split fiveyears ago. For each Kennady share, its investors will receive 0.975 ofa Mountain Province...
Mining Jan 30, 2018 Rapaport News
Kennady Diamonds
Kennady Buys Mine Sites Next to Gahcho Kué
Kennady Diamonds acquired six mining leases from GGLResources Corp. adjacent to the high-value Gahcho Kué mine in Canada for $154,949(CAD 200,000) in cash.The leases adjoin Gahcho Kué’s southern border and compriseroughly 4,233 hectares,...
Mining Aug 22, 2016 Rapaport News
Kennady Announces Highest Commercial Sample Grade from Canada Project
Kennady Diamonds announced a recordcommercial sample grade from the company’s 100-percent controlled Kennady Northproject in Canada.The grade for stones greater than0.85mm from the Faraday 2 kimberlite was 4.48 carats per tonne, while thesample...
Mining Jan 27, 2016 Rapaport News
Kelvin's Sample Grade Meets Kennady Diamonds' Guidance
Kennady Diamonds Inc. revealed that diamond recovery results from the Kelvin mini-bulk sample, which was processed by dense media separation at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (SRC), was...
Mining Oct 06, 2014 Jeff Miller
Kennady North Summer Drill Program Begins in Canada
Kennady Diamonds Inc. began its summer drilling program at the Kennady North diamond project in Canada's Northwest Territories with plans to complete drilling a minimum of 5,000 meters, focusing on delineation drilling at the Kelvin and Faraday...
Mining Jul 15, 2014 Jeff Miller
Kennady Diamonds Concludes $2M Private Placement
Kennady Diamonds Inc. closed its non-brokered private placement of flow-through common shares, achieving proceeds of $2,290,484 for 398,345 flow-through common shares at a price of $5.75 each. The shares are subject to a four-month holding period, expiring...
Mining Dec 31, 2013 Jeff Miller
Kelvin Kimberlite Sample Confirms Course Diamond Size Distribution
Kennady Diamonds Inc. revealed that seven batches, or approximately 40 percent of samples from the summer 2013 drill program at the Kennady North diamond project, returned a sample grade of 5.37 carats per tonne. The batch...
Mining Nov 18, 2013 Jeff Miller
Kennady Revises Private Placement Goal Higher to $7M
Kennady Diamonds Inc. announced the terms of a non-brokered private placement whereby the company plans to raise approximately $7 million by issuing a combination of common shares and flow-through common shares. Earlier in the week, the company initially...
Financial-Legal Oct 09, 2013 Jeff Miller
Mountain Province to Establish Kennady Diamonds
Mountain Province Diamonds Inc. will spin-off its Kennady North diamond project into a newly incorporated company, Kennady Diamonds Inc. Patrick Evans, the president of Mountain Province, said, ''The proposed spin-off of Kennady North is intended to deliver greater value to Mountain Province shareholders by unlocking the value...
Mining Jan 12, 2012 Jeff Miller
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