Kennady Diamonds Updates Kelvin Kimberlite Drilling

Press Release –

August 18, 2014

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Kelvin – Faraday kimberlite tonnage estimate increased to 7 – 10 million tonnes

131 meters of kimberlite intersected at Kelvin

14.8 tonnes of kimberlite recovered to date from Kelvin

Summer drill target increased to 12,000 meters

Toronto, Ontario, August 18, 2014 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce the latest results from the 2014 summer drill program at the Company’s 100 percent controlled Kennady North diamond project located in Canada’s Northwest Territories. Exploration, delineation and mini-bulk sample drilling is currently underway at the Kelvin kimberlite.

Kennady Diamonds CEO Patrick Evans noted: “Delineation drilling at the north lobe of the Kelvin kimberlite pipe is exceeding expectations and initial exploration drilling at the Kelvin dyke is returning promising kimberlite intersects. Based on the results to date, we have revised our tonnage estimate for the Kelvin – Faraday kimberlite corridor from the previous 5 to 8 million tonnes to 7 to 10 million tonnes”.

Table 1 below provides details of the latest mini-bulk sample holes drilled at the Kelvin kimberlite.

Read more: http://kennadydiamonds.com/media/kdi_nr_kennady_north_summer_drill_program_august_18_2014_final.pdf