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Kin Mining NL
Summary
| Project: | Leonora | |
|---|---|---|
| Deposit: | Lewis | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 12-7-2017: Kin Mining NL announces an Exploration/Drilling Update report for its Lewis deposit at the Leonora project. Drilling results incl. 19m @ 6.2g/t Au from 13m. Kin Mining NL (ASX: KIN) is pleased to announce that follow-up drilling has confirmed a | |
| 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 announce that follow-up drilling has confirmed and extended an extensive zone of primary high-grade gold mineralization at the Lewis deposit, within the Cardinia Mining Centre at the Company’s 100%-owned Leonora Gold Project in Western Australia. The latest drilling demonstrates that primary high-grade mineralisation persists along a major shear zone at Lewis-Bruno, and correlates with previously announced outstanding results. The Company is highly encouraged by the new results, with drilling having now defined high-grade mineralisation that can be traced for 1km, with two primary high grade gold zones separated by a north-east trending fault zone (Figure 2). The lithological contact hosts a shear zone that is consistently mineralised with high grade zones throughout. Kin Managing Director Don Harper said: “Lewis has rapidly emerged as one of our key deposits at Leonora. The latest drilling has confirmed that high-grade mineralisation extends for at least 1km, comprising multiple primary high-grade shoots which remain open down-plunge. We are clearly dealing with a large gold system that until recently had limited exploration below a depth of only 50m. “The recent drilling has enabled us to include some of the newly discovered high grade primary mineralization in the LGP Definitive Feasibility Study. We expect the recent drilling to have a very positive impact on the mineral resource ounces at Lewis. Drilling will resume this quarter, selectively targeting the deeper open down plunge high-grade primary mineralisation.” | |
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