Kin Mining encounters high-grade gold at Merton’s Reward

THE DRILL SERGEANT: Kin Mining (ASX: KIN) has hit a high grade gold intersection during recent drilling carried out at Merton’s Reward, part of the company’s Leonora gold project in Western Australia.

The intersection was encountered whilst drilling the T1 target and, according to the company, has defined an extension to the Merton’s Reward ore zone, which currently stands at 1.08 million tonnes at 2.6 grams per tonne gold for 91,000 ounces.

The drilling returned a high grade intersection of:

5 metres at 7.99g/t gold from 59m, including a higher grade interval of 1m at 24.7g/t gold.

Kin’s recently completed drill program consisted of four deep Reverse Circulation holes over three target areas, with two holes drilled into T1, and one each into target areas T2 and T3.

Results from T2 and T3 are expected before Christmas.

“Kin are very pleased with the results from our maiden drill campaign at the T1 target at Merton’s Reward,” Kin Mining managing director Trevor Dixon said in the company’s announcement to the Australian Securities Exchange.

“Intersecting five metres of almost eight grams, at a vertical depth of 50 metres is very encouraging.

“Furthermore we are seeing mineralisation persist at depths below the historic Merton’s Reward underground working and further north than previously expected which is an interesting development.

“The mineralisation is correlating with predicted target zones and confirms the new geological model is robust and will be used to target future drill campaigns.

“We also still have results pending from the T2 and T3 target areas which is very exciting.”

Email: info@kinmining.com.au

Website: www.kinmining.com.au