Since 2015, Kennady Diamonds has grown its high-grade diamond resource to 18.6 million carats. Focused on expansion, Kennady is evaluating an exciting discovery near Canada’s largest new diamond mine in the North West Territories.
Kennady Diamonds is a leading Canadian diamond exploration company headquartered in Toronto. The company’s exploration focus is on the 100 percent controlled Kennady North project, located immediately adjacent to the De Beers/Mountain Province Diamonds Gahcho Kué diamond mine in Canada’s Northwest Territories.
Diamond mines are extremely rare, and the world supply is expected to remain essentially flat over the next few decades as demand increases. New supply is in high demand. Canada is the first country in the developed world to produce and market high quality diamonds, and is benefiting from an increasingly important role in the global market.
The Kennady North Project is located 280 kilometers east-northeast of Yellowknife. The property consists of 16 mineral leases and 58 mineral claims totaling 61,000 hectares. Four diamond-bearing kimberlites discovered at Kennady North are being assessed for their economic potential.
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