Kin Mining RC Drilling Extends Cardinia Hill

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported final results from a North Extension RC drilling program completed at the Cardinia Hill prospect with company’s 100 per cent-owned 1.275 million ounce Cardinia gold project (CGP) near Leonora in Western Australia.

The Cardinia Hill prospect is located along strike of the CGP’s 106,000 ounce Cardinia Hill deposit.

Final assay results included intercepts of:

CH22RC192
2 metres at 14.5 grams per tonne gold from 120m;

CH22RC185
4m at 2.79g/t gold from 96m;

CH22RC188
1m at 6.11g/t gold from 63m; and

CH22RC203
1m at 7.17g/t gold from 50m. – open to the north

Kin Mining declared the new assay results support and reinforce earlier reported results from the nearby Rangoon deposits that confirmed deposits within the Eastern Corridor, including Cardinia Hill, Helens, Fiona, Rangoon and East Lynne to form a coherent mineralised system that spans an area of approximately 5km by 1km.

“These results from the northern extension drilling of the Cardinia Hill deposit provide confirmation that Cardinia Hill high grade gold lodes can be traced for over 1.1 kilometres and remain open to the north and at depth,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“The next significant drilling along the Cardinia Hill structure is at East Lynne approximately 600 metres north where previous Aircore drilling intersected exceptional grades (5m at 35g/t gold).

“The exploration team are now assessing, with a small additional RC drilling program at East Lynne, if the two deposits lie on the same mineralised structure and may be continuous.

“These Cardinia Hill results combined with recent high-grade results from Rangoon, Fiona and historical drilling at the nearby Helens deposit demonstrate that the Eastern Corridor area is strongly endowed with multiple structurally controlled ore positions, all of which contain high-grade sulphide and quartz vein mineralisation that has a common source.

“The company has only drilled the near surface environment at the Eastern Corridor and believe with further drilling supported by our advanced geological understanding and aided by our detailed gravity model that further significant mineralised positions in this exciting area will be revealed.

“Given the widespread nature of the ore grade intercepts and the near-by location of this exciting area to the Cardinia plant site, we have prioritised for deeper RC drilling the Eastern Corridor which has already commenced at Rangoon and East Lynne.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au