Kin Mining Claims East Lynne Gold Discovery

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported new assay results from air-core (AC) drilling carried out at the East Lynne prospect at the company’s 100 per cent-owned Cardinia gold project (CGP) near Leonora in Western Australia.

Kin Mining considers the results to be of some “significance” as the East Lynne prospect is located just three kilometres from the proposed plant site at the CGP.

Results include:

EL20AC041
20 metres at 1.36 grams per tonne gold from 20m;

EL20AC042
4m at 1.29g/t gold from 32m;

EL20AC078
4m at 0.97g/t gold from 16m;

EL20AC079
8m at 0.91g/t gold from 24m; and

EL20AC090
4m at 1.72g/t gold from 12m.

The company claimed the drilling discovered shallow, ore grade mineralisation in new zones not previously drilled with attendant high-grade rock chips from goethite-rich, altered felsic volcanic rocks at surface.

Follow up AC drilling has commenced to in-fill and extend the zones at 200m line spacing.

“The East Lynne target is a significant structural and geochemical greenfields target within the CGP,” Kin Mining managing director Andrew Munckton said in an exhaustive quote in the company’s announcement to the Australian Securities Exchange.

“There are several sets of workings along the target that have produced high-grade rock chips, significant alluvial gold won by prospectors and strong high-grade drill results from holes drilled immediately under the old workings.

“However, there has been limited and inadequate testing of the mineralised trends by previous explorers, and the target is ripe for a systematic, broad-spaced drill testing program to test the entire length and width of the anomaly and highlight new zones for immediate follow-up.

“We started the program at the northern end of the target in July and have been working our way south, with the entire 15,000 metres program now complete.

“The results from the initial four lines of drilling are excellent, particularly considering the wide-spaced nature of the drilling.

“Significant new zones of mineralisation have been discovered in AC lines 3a, 3b and 4b in four-metre composite sampling and mineralisation marked by historical workings has been extended.

“These new zones are being immediately followed up with in-fill and extension AC drilling at 200 metres line spacing before potentially commencing RC drilling programs.

“We also look forward to receiving the assay results from the remaining 10 lines of 400 metres spaced drilling in the central and southern sections of the East Lynne geochemical anomaly.

“If these are also successful then further in-fill AC and follow-up RC programs are likely to commence as a priority.

“Once the diamond rig has finished at Cardinia Hill, we also plan to drill two diamond holes at East Lynne to give us a clearer picture of the structural orientation and controls on the mineralisation.”

 

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Email: info@kinmining.com.au

 

Web: www.kinmining.com.au