Kin Mining Extends Gold Mineralisation at Helens Deposit

THE DRILL SERGEANT: Kin Mining (ASX: KIN) released results from recent drilling at the Helens deposit, located within the Cardinia Mining Centre of the company’s Leonora gold project (LGP) in Western Australia.

Kin Mining conducted a total of 15 Reverse Circulation (RC) drill holes on the Helens project areas targeting extensions to the thick, high-grade mineralisation Kin intersected in 2017.

The company said the results from the March 2018 drilling have extended the Helens Main Lode mineralisation a further 75 metres south.

Helens Main Lode results included:

14 metres at 3.08 grams per tonne gold from 88m;

8m at 8.6g/t gold from 88m; and

13m at 1.48g/t gold from 106m.

Kin said it is waiting to receive assay results from diamond drillholes targeting the Helens Main Lode, adding that mineralisation was intersected in each of these holes and the program provided insight into the continuity of gold-bearing lodes and the structural and lithological controls on the gold mineralisation.

“The recent drilling has indicated the untapped potential for resource growth within the LGP,” Kin Mining CEO Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“In late 2017, wide, near surface intersections at above average grade, signalled that the Helens mineralisation continued further south.

“This recent drilling confirms those earlier results and illustrates the continuity of high-grade mineralisation down plunge towards the south.

“In addition, the discovery of new mineralised positions in close proximity to the established mineralisation at Helens indicates that significant opportunity lies ahead.

“The company will continue to target this lightly drilled area of the project.

“The geological team are continuing to develop the mineralising system model across a number of deposits at Cardinia and the increased use of diamond core drilling is proving invaluable in our understanding of the fundamentals of the mineralisation.

“Further work, is continuing.”