Kin Mining updates Leonora gold project Resource

THE DRILL SERGEANT: Kin Mining (ASX: KIN) has reported completion of a JORC 2012-compliant Mineral Resource Estimation audit at the three main project areas of the company’s Leonora gold project in Western Australia.

The three areas Mertondale, Cardinia and Raeside have undergone review and data compilation taking the total Mineral Resources at the Leonora gold project (LGP) to:

11.825 million tonnes at 1.9 grams per tonne gold for 722,300 ounces of gold.

The Mertondale mining centre consists of six deposits which after audit procedure and data compilation have delivered total Resources of: 5.59 million tonnes at 2.2g/t gold for 395,000 ounces.

The Cardinia delivered a Bruno-Lewis-Kyte Resource of: 3.4 million tonnes at 1.3g/t gold for 139,000 ounces.

Finally, the Mineral Resources Estimation across three deposits at the Raeside area has come in at 1.57 million tonnes at 2.6g/t gold for 134, 000 ounces.

“The team have been very busy over the last few months evaluating the resources within the Leonora gold project,” Kin Mining managing director Trevor Dixon said in the company’s announcement to the Australian Securities Exchange.

“We are now in a position where the hard work has paid off and are confident that these resources stand up and are now 2012 JORC-compliant.

“There still remains scope for smaller deposits to be included into the resource base and the geo’s are working through that now.

“The current resource base of 11.825 million tonnes at 1.9 grams per tonne for 722,300 ounces of gold is an excellent platform for Kin to advance the project to the Pre-feasibility stage.”

Kin indicated it has now commenced further evaluation of drill data in key areas within the LGP with the intention of converting remaining projects to resource status to add to the current 2012 JORC-compliant resources.

Email: info@kinmining.com.au

Website: www.kinmining.com.au