this year. Back in 2012, Mountain Province
and De Beers collectively owned most of
the ground that Kennady is currently work-
ing on. “The focus of the Joint Venture at
the time was on evaluating the Gahcho
Kue discovery and very little money was
being spent on exploring the surrounding
property,” explains Moore.
Nevertheless, Mountain Province’s CEO
at the time, Patrick Evans, felt there was
good exploration potential on the neigh-
bouring grounds and negotiated a transac-
tion where Mountain Province bought De
Beer’s 51 per cent interest in the property
for $10,000. Mountain Province then went
on to form Kennady Diamonds in May
Two large diameter reverse circulation
drills at work on the Kelvin kimberlite.
These drills are used to acquire bulk
samples from the kimberlite pipes in
order to determine diamond grade.
AUGUST 2017
H
business elite canada
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