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Kin Mining NL
Summary
| Project: | Cardinia | |
|---|---|---|
| Deposit: | Cardinia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2020: Kin Mining NL announces an Exploration/Drilling Update report for its Cardinia deposit at the Cardinia project. Drilling results incl. 8m @ 3.81g/t Au from 4m. Kin Mining NL (ASX: KIN or “the Company”) is pleased to report final assay results fr | |
| Resources: | (Resources, Total): 10.6Mt @ 1.2g/t Au (409koz Au) at Cardinia | |
| CP/QP: | [Overall Report]: Glenn Grayson (,Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN or “the Company”) is pleased to report final assay results from recently completed Reverse Circulation (RC) drilling at the Cardinia Hill prospect and air-core (AC) drilling at the Helens East prospect, both located approximately 2.5km east of the proposed processing plant site at its 100%-owned Cardinia Gold Project (CGP) near Leonora in Western Australia. The latest results correlate with and build on the significant drilling results announced over the past few weeks (see ASX announcements 27 April 2020 and 18 May 2020), continuing both to confirm significant shallow mineralisation as well as to increase the Company’s geological understanding of these emerging discoveries. The new results have further extended the footprint of the Cardinia Hill discovery along strike to the north and down-dip, while also suggesting the presence of a cross-cutting structural host to the mineralisation, as opposed to the stratigraphy-parallel interpretation initially developed. The results from the remaining Reverse Circulation (RC) holes at Cardinia Hill have helped to define the highgrade zones intersected previously. Hole CH20RC035, which was designed to drill up-dip of the intercept in CH20RC030 (15m @ 4.42g/t) (see ASX Announcement 27 April 2020), returned an intercept of 8m @ 3.81g/t from 4m, confirming the continuation of the mineralisation to the surface. | |
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