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Kennady North

The Kennady North project is located 280km east-northeast of Yellowknife, Northwest Territories, in the District of Mackenzie.

Overview

The project covers xx,xxx hectares of highly prospective mineral claims and leases adjacent to Gahcho Kué. The most prospective area is the Kelvin-Faraday Corridor, which hosts all of the kimberlites in the region that have been advanced to resource status, including those at Gahcho Kué. The Kennady North Project is located 280 km east-northeast of Yellowknife, Northwest Territories, in the District of Mackenzie.

Brief History

The Kennady North Project has been the focus of numerous exploration programs run by numerous operators since 1992, culminating with the discovery of the Kelvin and Faraday kimberlites. Early exploration was conducted under the direction of Mountain Province Diamonds as the 100% owner. In 1997, a joint venture was formed with De Beers, who conducted exploration until Mountain Province Diamonds resumed 100% control of the project in 2005.

No exploration work took place between 2003 and 2011. In May 2012, Kennady Diamonds Inc was established and became the project owner. Exploration work continues, and in 2019 focused on the Blob Lake and Quail/Fox Lake areas. The Kennady North property hosts five known kimberlites to date - Kelvin, Faraday 2, Faraday 1‐3, MZ, and Doyle.