Aerial prospecting, Canada

KENNADY DIAMONDS ACQUIRES SIX MINING SITES NEXT TO GAHCHO KUE

Kennady Diamonds Inc. has acquired six mining leases from GGL Resources Corp adjoining the southern border of the Gahcho Kue Mine in Canada’s Northwest Territories, according to IDEX Online.

 

The new leases comprise roughly 4,233 hectares, bringing the total land position for the Kennady North Project to over 71,000 hectares.

 

Of particular interest on the new leases is the ‘Blob Lake’ target, located in an unnamed lake five kilometers southwest of Gahcho Kue, the mining firm said. “The anomaly is defined by indicator mineral and geochemical studies conducted by GGL in 2007 and lies exactly within the Faraday–Kelvin Corridor, making it a highly attractive target”, the company said.

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