Kin Mining Commences New Drilling Program Targeting Growth & Discoveries

THE DRILL SERGEANT: Kin Mining (ASX: KIN) has kicked off a new phase of drilling at the company’s 100 per cent-owned Cardinia gold project (CGP), located near Leonora in Western Australia.

Kin Mining is to undertake a multi-phase program of 60 RC drill holes across six target areas focused within what it considers to be the project’s “highly prospective” Eastern Corridor.

The company confirmed the Eastern Corridor via earlier drilling programs to be a series of parallel faults containing high-grade mineralisation along an extensive interconnected structural system with serious depth potential.

Drilling will in-fill and test between Mineral Resources spread along three main geological structures within the Eastern Corridor, as well as provide an initial test of the newly-discovered Mystery Fault.

“Building on the exciting results generated towards the end of last year, we see considerable untested opportunity across the broader project, with the highly mineralised Eastern Corridor displaying all the hallmarks of a major mineralised position where we have only just scratched the surface,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“We know that the Eastern Corridor hosts three significant structures – the Helens-Rangoon Fault, Helens East Fault and the Cardinia Hill Fault – each of which contain several high-grade quartz-sulphide lodes that persist to significant depths.

“We have also previously confirmed the presence of other mineralised zones in the area, which present compelling opportunities for new discoveries.

“We believe the Eastern Corridor is a significant gold mineralised system, which is yet to reveal its best deposits.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE