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Project: | Leonora | |
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Deposit: | Helens | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 9/3/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 3-9-2018: Kin Mining NL announces an Exploration/Drilling Update report for its Helens deposit at the Leonora project. Drilling results incl. 3.9m @ 10.1g/t Au from 170.9m. Kin Mining NL (ASX: KIN) is pleased to announce the final assay results of recent | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Glenn Grayson (Internal) | |
ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to announce the final assay results of recent RC and Diamond drilling at the Helens Prospect; part of the Cardinia Mining Centre at the Leonora Gold Project (LGP). See Figure 1. Phase 1 of Helens drilling was completed in late July (see ASX Annoncement 2 August). The program consisted of 15,018 metres of 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. Refer Figure 4 and Table 1. The Helens drilling has intersected a number of auriferous structures. The Helens Main Lode is a steep dipping, continuous, linear structure over 1,500 metres of strike length which has been intersected down to a maximum depth of 180 vertical metres. See Figure 2, Figure 3 and Figure 5. The Helens Main Lode varies in width from 2 metres to 18 metres downhole (1 metre to 9 metres estimated true width) and assays generally in the 2.0g/t Au to 4.0g/t Au range. Interspersed with these results are higher grade intersections such as 3.9 metres @ 10.1 g/t in HE18RCD259. Two notable higher grade zones exist in the Central and Southern parts of the structure. See Figure 5. In addition, several other Lode structures have also been intersected. They lie generally to the east of Helens Main. These structures have strike lengths of several hundred metres, are oblique to and intersect Helens Main Lode, are also steep dipping and have a similar sulphide rich, siliceous shear zone appearance to Helens Main. The oblique lodes warrant further drilling. Ore grade intersections down to a maximum depth of 250 metres have been encountered. See Figure 3. The final assay results of the Phase 1 program continue to endorse the Helens area as capable of development into an expanded open pit mining centre with generally higher grade than the existing Mineral Resource and mine plan | |
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