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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Kyte | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-4-2018: Kin Mining NL announces an Exploration/Drilling Update report for its Kyte deposit at the Leonora project. Drilling results incl. 25m @ 2.2g/t Au from 3m. Kin Mining NL (ASX: KIN) is pleased to announce that the results from the recent Resource | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Glenn Grayson (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to announce that the results from the recent Resource drilling at the Company’s Kyte deposit have been received. Kyte is located within the Cardinia Mining Centre at Kin’s Leonora Gold Project (LGP). Kyte is a priority area in the future mining schedule for the LGP due to its favourable economics. Kin is continuing to review its deposits at the LGP with drilling designed to enhance the resource base and improve on the reserve conversion. Kin’s 2018 drilling program commenced at Kyte in areas with the potential to grow the Mineral Resources to the east, south and at depth. A total of 44 reverse circulation (RC) drill holes for 2,796m were completed during February and March 2018. Deeper drilling has identified primary gold mineralisation (KY18RC083) (see Figure 3, section A-A’), while drilling to the south has identified narrow gold mineralisation which will also be incorporated into a model update (KY19RC091 and KY18RC106). Kin’s acting Managing Director, Trevor Dixon, said: “Kin’s 2018 resource drilling program continues uninterrupted. The results returned from the first target at Kyte highlight the exploration upside that exists at the LGP and we look forward to reporting further drill results from other resource areas as soon as they become available.” | |
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