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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Helens, Helens South | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 3-4-2017: Kin Mining NL announces an Exploration/Drilling Update report for its Helens, Helens South deposit at the Leonora project. Drilling results incl. 24m @ 5.7g/t Au from 0m. Kin Mining NL (ASX: KIN) is pleased to advise that its 100% owned Leonora | |
| Resources: | (Resource, I+I): 11.8Mt @ 1.9g/t Au for 721Koz Au contained at project | |
| CP/QP: | [Overall Report]: Paul Maher, Simon Buswell-Smith (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to advise that its 100% owned Leonora Gold Project (LGP) has received another strong boost with latest in-fill drilling returning wide, high-grade intercepts from the Helens North and Helens South deposits, part of the Cardinia Mining Centre. The system remains open at depth and along strike with further drilling planned shortly. Kin Managing Director Don Harper said: “Drilling results to date have exceeded our expectations at Cardinia, with consistent shallow and high-grade successes at Kyte, Rangoon, East Lynne, Fiona and now Helens. The ongoing drilling campaign continues to increase our confidence in the resource base of the LGP. We are on track to establish a strong maiden Ore Reserve which will underpin a larger 1.2Mtpa processing operation planned for Cardinia.” The latest results relate to drilling conducted at the Helens North and Helens South Mineral Resource areas, which occur in the Helens-Rangoon Mineralised Corridor. Further drill planning is in progress to follow up these excellent results, targeting extensions to the mineralised envelope both along strike and beneath its currently drilled extents. It is expected that this additional work will be included in the updated Mineral Resource calculation when it is undertaken as part of the Definitive Feasibility Study. | |
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