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Kin Mining NL
Summary
| Project: | Cardinia | |
|---|---|---|
| Deposit: | Cardinia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/9/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-6-2020: Kin Mining NL announces an Exploration/Drilling Update report for its Cardinia deposit at the Cardinia project. Drilling results incl. 44m @ 0.47g/t Au from 51m. Kin Mining NL (ASX: KIN or “the Company”) is pleased to advise that it has received | |
| 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 advise that it has received the final batch of assays from its recent exploration-focused drilling programs at the 100%-owned Cardinia Gold Project near Leonora in Western Australia, with planning already underway for the next phase of drilling scheduled to commence in the third week of June. The Company has received assay results from recent Reverse Circulation (RC) drilling at the Lewis East Prospect and air-core drilling at the Faye Marie prospect. The Lewis East drilling was designed to follow up on significant results intersected in the recent air-core program, including 11m @ 5.28g/t from 20m in LE19AC007 (ASX announcement 11 March 2020). The latest assays have confirmed the presence of broad zones of gold mineralisation associated with disseminated sulphides. However, while geologically consistent zones containing strong alteration and sulphide mineralisation were intersected in the expected position at depth, these broad sulphide-rich zones contain only low-grade gold mineralisation with intercepts including 44m @ 0.47g/t from 51m (LE20AC057) and 11m @ 0.62g/t from 53m (LE20AC048), below strong near-surface mineralisation. | |
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