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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Cardinia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-12-2017: Kin Mining NL announces an Exploration/Drilling Update report for its Cardinia deposit at the Leonora project. Drilling results incl. 7m @ 16.3g/t Au from 60m at the Triangle prospect. Kin Mining NL (ASX: KIN) is pleased to report new high-gra | |
| Resources: | (Reserve, Prob.): 373Koz Au at project | |
| CP/QP: | [Overall Report]: Paul Maher, Simon Buswell-Smith (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to report new high-grade gold assay results from a regional scout drill program at the Cardinia Mining Centre, part of the 100% owned Leonora Gold Project in the North-Eastern Goldfields of Western Australia. The RC drilling program was designed to test regional target areas that have had little modern-day exploration techniques applied (Figure 1). The Triangle Prospect is set on a line of extensive historic workings which cover a strike length of approximately 350m. Historic production of 151.9 t at an impressive grade of 340 g/t Au was reported (Table 1). Underground mapping of the workings identified two distinct styles of gold mineralisation; north-dipping ferruginous quartz veining in a 340° orientation within a large alteration zone and crosscutting east-west quartz veins. Kin Mining embarked on an eight hole reconnaissance drill program, drilling along the strike length underneath the historic workings (Figures 2 and 3). Multiple high grade gold intersections were returned which demonstrates that primary gold mineralisation persists much deeper than the depth of the historic workings. Mineralisation is hosted in series of quartz veins within a sheared, highly altered dolerite (Figure 4 and 5). | |
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