THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported further assay results from recent in-fill Reverse Circulation (RC) drilling at the Bruno-Lewis deposit, a cornerstone deposit of the company’s 100 per cent-owned Cardinia gold project (CGP) in Western Australia.
Kin Mining declared the results to include several outstanding, wide, high-grade intercepts at shallow depth plus several broader, lower grade zones.
Drilling encountered zones of shallow high-grade mineralisation such as:
16m at 6.33 grams per tonne gold from 19m;
4m at 7.68g/t gold from 9m;
5m at 2.2g/t gold from 35m;
4m at 2.37g/t gold from 18m; and
6m at 2.25g/t gold from 49m.
The company said it has now confirmed the quality of the Bruno-Lewis deposit, demonstrating strong potential to upgrade and expand the current 311,000 ounces Mineral Resource Estimate as part of an updated MRE currently in progress.
“These outstanding high-grade results from the northern half of the Bruno-Lewis deposit confirm and reinforce the earlier impressive results we saw from Bruno-Lewis earlier this year, and indeed which we have seen from the wider Cardinia area over the past 12 months,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.
“While we knew that the north-east dipping lodes that we targeted with this drilling were the source of the wide zones of generally lower grade mineralisation further south at Lewis, intersecting broad high-grade zones at the Bruno end of the deposit, and over a substantial strike length, is an extremely pleasing outcome and reflects the excellent work carried out by the geological team.
“These results provide further clear evidence of the enormous prospectivity of the Cardinia area in general and at Bruno in particular.
“This sector of the deposit contains significant widths of high-grade mineralisation both close to surface and at depth.
“These final Phase 3 drilling program results continue to demonstrate the exceptional endowment and enhance the underlying value of the Cardinia gold project.
“This drilling will be incorporated as part of a new Mineral Resource Estimate for Bruno-Lewis scheduled for completion in late April, which is expected to enhance our project-wide Mineral Resource inventory beyond the 1.15 million ounces figure announced in December 2020.
“With the Bruno-Lewis drilling now complete, we are moving ahead with the Phase 4 program which will test a number of exciting new exploration targets in 2021.
“Many of these have similar geology, alteration and mineralisation indicators to those tested during 2020.
“We currently have three rigs active on site, which will systematically test seven new targets in the Eastern Corridor, which contains the Helens and Cardinia Hill deposits, and the large, soil geochemical target at Eagle to the west of Cardinia.
“We are looking forward to another big year at Cardinia, punctuated by regular updates with drilling results, resource updates and, we hope, discovery success!”