THE DRILL SERGEANT: Kin Mining (ASX: KIN) released further encouraging assay results from a recently completed air-core (AC) drilling program at the Mount Flora prospect, located 20km from the company’s 100 per cent-owned Cardinia Gold Project (CGP) near Leonora in Western Australia.
8m at 1.04 grams per tonne gold from 24m;
8m at 0.8g/t gold from 16m;
4m at 1.17g/t gold from 48m to BOH;
4m at 1.1g/t gold from 48m;
4m at 1.04g/t gold from 16m; and
2m at 1.06g/t gold from 24m to BOH.
Kin Mining said the latest results build on those it reported last week, which included an outstanding high-grade intercept from drill-hole MF21AC522.
The company said the latest results help to delineate additional mineralised trends in the northern portion of the project to those previously identified.
“We are encouraged to see more strong results from this first round of wide-spaced, shallow air-core drilling at Mount Flora, building on the exceptional results announced last week,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.
“The drilling has outlined three coherent areas with consistent mineralisation, with this final batch of assays coming from the Northern Area.
“Following last week’s exceptional result of 22 metres at 8.96 grams per tonne we dispatched a field team to follow up this area.
“They have identified a number of north-east trending quartz veins which appear to be the primary control on the mineralisation.
“This area will be a priority focus for initial RC drilling, which we plan to start as soon as POW approvals are received and the rig becomes available from the Phase 4 drill program at Cardinia.”
TO READ THE FULL PREVIOUS MT FLORA ANNOUNCEMENT: CLICK HERE