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Kin Mining NL

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Summary

Project:

Leonora

Deposit:Leonora
Location:Australia
Commodities:Gold
Date:5/11/2016
Report Code:JORC
Report Type:Scoping Study
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-5-2016: Kin Mining NL announces a Scoping Study report for its Leonora deposit at the Leonora project. Addendum to Scoping Study announcement of 9 May 2016. Kin Mining NL herewith provides to the market further clarification in relation to its announce
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Paul Maher, Simon Buswell-Smith (Internal)
ABSTRACT:Kin Mining NL herewith provides to the market further clarification in relation to its announcement of 9 May 2016 titled “Positive Scoping Study Outcome for the Leonora Gold Project”. Auralia Mining Consulting Pty Ltd (“Auralia”), were engaged by Kin Mining NL to carry out a Scoping Study on its Leonora Gold Project (“Project”), producing a high level mining and processing schedule utilising Whittle shells, inclusive of a high level financial analysis. All mineralised material types (Indicated, Inferred and unclassified) were included for consideration in the study. Given the level of study, and that Inferred and unclassified material was used as an economic driver, no JORC Compliant Ore Reserve table can result from this study.The table below has been amended to include a percentage breakdown of the resource areas classification used in the production target that the Scoping Study was based upon.

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