Kin Mining Confirms Mt Flora Gold Discovery
THE DRILL SERGEANT: Kin Mining (ASX: KIN) will be eager to chat at the 2022 RIU Explorers Conference next week having received assay results from the first eight reverse circulation (RC) drill holes completed at the Mount Flora project, located 20 kilometres east of the company’s 100 per cent‐owned 1.28-million-ounce Cardinia gold project (CGP) near Leonora in Western Australia.
Kin Mining declared the drilling confirmed the presence of a high‐grade primary gold system beneath previous air‐core drilling, which it described as a “significant development”, as it provides further confidence in the potential of the emerging Mt Flora discovery.
Assays for the first eight RC drill holes targeting the primary zone at Mt Flora, included:
MF21RC017
18 metres at 1.57 grams per tonne gold from 119m, including 4m at 2.23g/t gold from 119m and 2m at 5.65g/t gold from 135m; and
MF21RC026
22m at 0.86g/t gold from 102m, including 3m at 2.4g/t gold from 102m and 2m at 2.35g/t gold from 122m.
“We’re building an increasingly detailed understanding of the mineralisation at Mt Flora, with these initial RC holes providing further confirmation of the deeper, primary gold mineralisation as well as enhancing our broader geological model,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.
“These latest results support our view that the Mt Flora Eastern Zone contains several mineralised lodes, providing further confirmation of Mt Flora’s potential to emerge as an important new gold discovery 20 kilometres east of the main Cardinia Gold Project.
“Assays are now eagerly awaited for the remaining 2,083 metres of RC drilling completed at Mt Flora as part of this program to confirm the extent of the high‐grade mineralisation in both the near‐surface and primary environment to the north and south of section 6817710mN.
“Visual inspection of the RC drill chips shows that the drilling has successfully intersected the interpreted zones of mineralisation, with sulphide and scheelite logged in numerous holes.”
Email: info@kinmining.com.au
Web: www.kinmining.com.au