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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Helens | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-3-2019: Kin Mining NL announces an Exploration/Drilling Update report for its Helens deposit at the Leonora project. Drilling results incl. 7.1m @ 4.7g/t Au from 45.3m. Kin Mining NL (ASX: KIN) is pleased to provide new results from recent drilling at | |
| Resources: | (Resource, I+I): 1.47Mt @ 2.01g/t Au for 94.9Koz Au contained | |
| CP/QP: | [Overall Report]: Glenn Grayson (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to provide new results from recent drilling at the Helens Prospect, part of the first open pit development proposed at the Cardinia Gold Project (CGP). See Figure 1. Resource definition drilling at Helens has focused on confirming the geological interpretation of the deposit and upgrading Inferred Mineral Resources to Indicated Mineral Resources. This drilling at Helens has shown that the recently updated geology model is robust with all RC and Diamond holes intersecting the target structure(s) and 23 of the 28 holes recording significant lode style mineralisation at the predicted position in the resource model. An updated Mineral Resource estimate and the metallurgical testwork for the Helens deposit is nearing completion. CGP FS final pit design works have commenced. Helens has a Mineral Resource Estimate of 1.03Mt at 2.14 g/t Au for 70,900 ounces, with 0.62Mt at 2.18 g/t Au for 43,200 ounces of Indicated Resource and 0.41Mt at 2.07g/t Au for 27,700 ounces of Inferred Mineral Resource (see ASX announcement 10 September 2018) | |
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