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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Leonora | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 18-9-2017: Kin Mining NL announces an Exploration/Drilling Update report for its Leonora deposit at the Leonora project. Drilling results incl. 18.7m @ 3.1g/t Au from 61.4m. Kin Mining NL (ASX: KIN) is pleased to announce a series of significant high-grad | |
| Resources: | (Resource, I+I): 22.3Mt @ 1.43g/t Au for 1.02Moz Au contained at project | |
| CP/QP: | [Overall Report]: Paul Maher, Simon Buswell-Smith (Internal) | |
| ABSTRACT: | Kin Mining NL (ASX: KIN) is pleased to announce a series of significant high-grade diamond core intersections from recent drilling within several of its Leonora Gold Project (LGP) Resource areas. The main objective of the diamond drilling was to enable final geotechnical and metallurgical parameters to be established for the soon to be completed Ore Reserves. A total of 19 diamond holes for 1751.45m was completed. Several of the geotechnical holes were extended below the proposed pit designs to test for extensions of primary gold mineralisation at depth. Results were highly successful with high-grade gold mineralisation intersected at the Mertondale, Raeside, Lewis and Helens Resource areas. Standout high grade intersections included: 0.35m @ 73.4 g/t Au (2.36 oz/t) at Helens and 0.30m @ 64.8g/t Au (2.08 oz/t) at Merton’s Reward. Kin Managing Director Don Harper said this was an impressive result and clearly demonstrates the continued understanding of the mineralised systems by the geology team. “These results confirm that high-grade mineralisation persists at depth and that these deposits remain open and are yet to be fully defined. The diamond core has given a greater understanding of the structure and style of mineralisation of our key deposits and we plan to follow-up on these results very shortly.” | |
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