Kin Mining Drilling Continues Cardinia Gold Project Growth

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported final assay results from recently completed Reverse Circulation (RC) and air-core (AC) drilling at the company’s 100 per cent-owned Cardinia gold project (CGP) near Leonora in Western Australia.

Kin mining conducted the drilling at the Cardinia Hill prospect (RC) and at the Helens East prospect (AC), both located approximately 2.5 kilometres from the proposed CGP processing plant site.

Assays were received for the remaining nine RC holes drilled at the Cardinia Hill discovery as well as a small extension to the air-core drilling program at Helens East.

Results include:

Cardinia Hill RC

8m at 3.81 grams per tonne gold from 4m;

8m at 2.38g/t gold from 18m and 9m at 2.31g/t gold from 56m;

4m at 5.15g/t gold from 32m and 6m at 1.92g/t gold from 66m; and

9m at 1.72g/t gold from 42m.

Helens East AC

4m at 0.55g/t gold from 28m.

Kin Mining said the new results further extended the footprint of the Cardinia Hill discovery along strike to the north and down-dip, while also suggesting the presence of a cross-cutting structural host to the mineralisation, as opposed to the stratigraphy-parallel interpretation initially developed.

“We are continuing to build the geological picture at Cardinia Hill, with the latest results providing further important insights into what appears to be a significant zone of shallow mineralisation extending over a 500 metres strike length,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The final batch of assays from the recent RC program have continued to define high-grade zones and confirmed extensions of the mineralisation along strike to the north and down-dip.

“We now have a much clearer picture of the orientation and controls on the mineralised lodes, and we are looking forward to getting back into the field as soon as possible to drill out this exciting discovery to facilitate a maiden JORC Mineral Resource estimate.

“Cardinia Hill is just one of several emerging areas that we plan to drill aggressively in the coming months.

“While the final assays from the air-core program at Helens East were unsuccessful in confirming a significant northern extension of the Cardinia Hill mineralisation, there is plenty of follow-up work to do at Helens East and Helens South.

“We are awaiting final assays from Lewis East, which should be reported shortly, and planning is already underway on our next phase of exploration – which will encompass Cardinia Hill, Helens South/East, Comedy King/Faye Marie and other emerging areas that will be described more fully in an Exploration Update to be provided in the coming weeks.”