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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Helens | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-9-2018: Kin Mining NL announces a Resource Estimation report for its Helens deposit at the Leonora project. Amended previous mineral resource estimate at Helens. Kin Mining NL (ASX: KIN) is pleased to announce the completion of the Helens Mineral Resou | |
| Resources: | (Resource, I+I): 1.47Mt @ 2.01g/t Au for 94.9Koz Au contained | |
| CP/QP: | [Resources]: Jamie Logan (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to announce the completion of the Helens Mineral Resource estimate following receipt of final assay results from the Phase 1 RC and Diamond drilling program completed in late July 2018. Helens forms part of the Cardinia Mining Centre at the Leonora Gold Project (LGP) (see Figure 1). The Helens deposit is located 2 kilometres from the site of the proposed processing facility at the LGP. Phase 1 of Helens drilling focused on testing the mineralised lodes to a depth of 150 metres below surface and advancing the geological and structural understanding of the area. Infill drilling of near surface mineralisation to a minimum drill density of 40 metres by 40 metres was also completed. The drilling was aimed at supporting a larger open pit development at Helens. During the Phase 1 RC and Diamond drilling program, the Company also targeted testing the potential to extend the deposit at depth into primary mineralisation within the fresh rock. The diamond core component of the program proved invaluable at improving the geological and structural understanding on the controls of mineralisation. Deeper drilling has also confirmed the mineralised system extends, in areas, to a depth greater than 250 metres and therefore clear potential exists to increase the Mineral Resources below the current 150 metre depth. | |
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