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Kin Mining NL

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Summary

Project:

Leonora

Deposit:Cardinia
Location:Australia
Commodities:Gold
Date:3/26/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-3-2020: Kin Mining NL announces an Exploration/Drilling Update report for its Cardinia deposit at the Leonora project. Drilling results incl. 3m @ 5.45g/t Au from 5m. Kin Mining NL (ASX: KIN or Company) is pleased to advise of the return of the final a
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Glenn Grayson (Internal)
ABSTRACT:Kin Mining NL (ASX: KIN or Company) is pleased to advise of the return of the final assay results from 1 metre split samples collected at Comedy King. The samples were generated from the aircore (AC) drilling program completed in December 2019 at the Cardinia Gold Project (CGP) near Leonora, Western Australia. The 1m samples were collected from 4m composite samples greater than 0.1g/t Au, to allow for better definition of the mineralised zones. Refer ASX announcement 3 February 2020. The new results add to those already released (ASX announcement 11 March 2020) and continue to confirm the presence of several high grade zones of gold mineralisation within wider zones of lower grade gold associated with north dipping quartz sulphide veins. A full interpretation of all the recent drilling results in conjunction with previous drilling results is ongoing. Commenting on the new 1m sample results, Managing Director Andrew Munckton said: “Our initial interpretation at Comedy King based on the 4m composite assays was a series of high grade, narrow mineralised zones striking east-west and dipping to the north. The 1m split sampling has supported this view and helped the geological teams interpret the mineralisation more clearly.

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