THE DRILL SERGEANT: Kin Mining (ASX: KIN) has extended mineralisation at Cardinia Hill via ongoing Phase 3 Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Cardinia Gold Project (CGP) located near Leonora in Western Australia.
Kin Mining announced the extension on the back of recent assay results received for five Reverse Circulation (RC) holes drilled at Cardinia Hill.
15 metres at 1.97 grams per tonne gold from 150m;
9m at 1.92g/t gold from 34m;
10m at 1.05g/t gold from 139m; and
10m at 2.67g/t gold from 149m.
The company said the results further refined its geological understanding of the Cardinia Hill deposit, highlighting the presence of two north-plunging shoots of higher-grade mineralisation within the main lode.
“The follow-up phase of RC drilling at the northern end of Cardinia Hill has been successful in intersecting the northern shoot of mineralisation at depth, further improving our understanding of the geometry and scale of the deposit – and providing a solid foundation for planned resource drilling,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.
“The diamond drill core is also providing strong insight for our exploration team in terms of understanding the internal detail of the deposit.
“We are continuing the systematic approach to exploration that has proven to be so successful to date as we advance a number of targets in parallel across the broader Cardinia area.
“Investors can look forward to continued regular updates as we receive assay results from RC drilling across the Helens East, Pelsart and Cardinia Hill prospects.
“We are also looking forward to receiving further results from the extensive air-core program at East Lynne, building on the encouraging results reported from the northern end of this large gold target earlier this week…and the EIS co-funded diamond drill holes at East Lynne testing some conceptual geophysical targets at depth.”
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