Kin Mining Identifies High-Grade Cardinia Mineralised Zones

THE DRILL SERGEANT: Kin Mining (ASX: KIN) received assay results from aircore (AC) drilling undertaken at the company’s Cardinia gold project in Western Australia.

Kin Mining reported receipt of results from one metre split samples generated by AC drilling it completed in December 2019 at the Cardinia project.

The company explained it collected one metre samples from 4m composite samples greater than 0.1 grams per tonne gold to allow for better definition of the mineralised zones.

Kin declared the results continue to confirm the overall grade of the composite samples and have defined high-grade cores within the wider mineralised zones shown in the 4m composite sampling.

The company is now carrying out a full interpretation of all the recent drilling results in conjunction with previous drilling results and has follow up drilling expected to be commencing later in March 2020.

“The aircore drilling program completed in December 2019 was successful at defining three new deposits at Comedy King, Lewis East and Cardinia Hill where wide intersections of gold mineralisation with areas of high-grade were encountered in four metre composite sampling,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The mineralised zones highlighted by four metre composite sampling are now being refined with the one metre sampling.

“At Cardinia Hill, the western half of Comedy King and northern part of Lewis East, a clear pattern is emerging.

“Results have confirmed the higher-grade nature of the mineralisation across generally narrower zones associated with strong alteration, sulphides in the fresh ores and quartz veining.

“The alteration zones around high grade intersections also exhibit mineralisation which is typically lower grade.

“The high-grade zones are being used to enhance the targeting for the upcoming RC drilling program and the proposed step out aircore drilling program scheduled for commencement later this month.

“The success of this first aircore drilling program at defining very significant mineralisation separate to the know deposits at the CGP indicates the Cardinia area contains an abundance of mineralisation that warrants significant drilling.

“There is strong potential to define additional high-grade mineralisation to compliment the Mineral Resources already defined and enhance the economics of the Pre-Feasibility Study completed in August 2019.”

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au