Articles On Kin Mining (ASX:KIN)

Phase 3 drilling continued throughout the December quarter and underpined the delivery of a maiden resource estimate for Cardinia Hill, as well as providing a first-pass assessment of several new prospects.

Summary Interim Mineral Resource Estimate (MRE) for Cardinia Gold Project has been updated to 28.2Mt @ 1.27g/t Au for 1.15Moz of contained gold. 61koz of Maiden Inferred Mineral Resource Estimate has been reported for the Cardinia Hill...

The interim resource update was based on 2020 gold price and operating cost assumptions and includes a maiden resource for the Cardinia Hill deposit.

The recently completed RC and diamond resource definition program has extended the overall strike length of mineralisation at Hobby to around 450 metres.

Around 10,000 assays are still pending from infill drilling at Hobby, aircore drilling at Iron King and a major drilling program at Bruno Lewis Deeps with results expected in five weeks.

The standout result of 21 metres at 6.6 g/t gold from 37 metres is the best result to date from this project and augurs well for an improving grade profile.

The results provide further evidence of a strategically important emerging gold trend lying parallel and immediately west of the emerging East Lynne discovery and between the Hobby and Rangoon deposits.

Cardinia Hill prospect is a recent discovery at Cardinia Gold Project and has been the focus of a resource drill-out program designed to underpin a maiden mineral resource estimate.

“This combined with the favourable underlying geology and structures gives us great confidence that we may be onto something quite significant at East Lynne," says MD

The company’s focus is on exploration targeting new, high-value, higher-grade gold discoveries and prioritising areas close to the proposed Cardinia processing plant.

The company’s focus is on exploration targeting new, high-value, higher-grade gold discoveries and prioritising areas close to the proposed Cardinia processing plant.

The growing evidence from soil sampling, aircore and now diamond drilling is that East Lynne is a significant mineralised structure extending over a strike length of at least 3.2 kilometres.

The Cardinia Hill discovery within the CGP was also last month extended at depth and to the north with further strong results from drilling.

Around 45,000 metres of drilling is underway at the Cardinia Gold Project near Leonora with the program to continue during the remainder of 2020.

Kin’s exploration efforts aim to develop a pipeline of exploration targets for ongoing gold mineral resource expansion at the project.

One aircore and one diamond rig are operating at the CGP, with infill aircore drilling at East Lynne while EIS co-funded diamond drilling continues at that prospect to test deeper targets.

One aircore and one diamond rig is operating at the Cardinia Gold Project, with infill aircore drilling in progress at East Lynne where an EIS co-funded diamond drilling program has also begun.

Other elements of the Phase-3 exploration program are continuing with a follow-up program of aircore drilling at East Lynne together with diamond drilling at Cardinia Hill.

The gold grades highlight the potential to increase and upgrade the 259,000-ounce mineral resource with a large number of assays awaited across the project.

Phase-3 drilling continues in full swing with aircore and RC rigs operating across the Helens East, Pelsart and East Lynne prospects while diamond drilling is in progress at Cardinia Hill.

Southern Gold (ASX:SAU) has hit grades up to 107.5 grams per tonne (g/t) gold in maiden drilling at the greenfields (unexplored) Aphae project in South Korea. “There is a lot going on geologically at Aphae and triple figure gold grades in d...

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The results refine the company’s geological understanding of Cardinia Hill, highlighting the presence of two north-plunging shoots of higher-grade mineralisation within the main lode.

An additional 20 million shares in the shortfall are available for distribution at the directors’ discretion within three months of closure of the rights issue offer.

An additional 20 million shares in the shortfall are available for distribution at the directors’ discretion within three months of closure of the rights issue offer.

Kin’s recent rights issue raised more than $6 million, allowing the company to continue its systematic exploration program over the Cardinia Gold Project tenure.

Directors were encouraged by the level of support shown by shareholders including the two largest shareholders who both participated in 100% of their entitlements.

RC and diamond drilling is focusing on the delivery of a maiden resource estimate at Cardinia Hill, where earlier drilling returned consistent, high-grade, near-surface gold mineralisation.

Initial drilling will focus on the delivery of a maiden resource estimate at Cardinia Hill where earlier RC drilling returned consistent, high-grade, near-surface gold mineralisation.

The first drilling of new target areas at Cardinia in a decade yielded three new gold discoveries - Comedy King, Faye Marie and Lewis East - within 5 kilometres of the process plant site.

Commitments have been received from Kin’s two largest shareholders, which together hold a 39% interest in the company.

Kin is looking forward to the next phase of its exploration-driven strategy with drilling set to resume later this month.

Final assay results from the Lewis East prospect have returned broad mineralised zones and the company is planning the next phase of drilling.

Results correlate with and build on results from the past few weeks, confirming shallow mineralisation and increasing geological understanding of the emerging discoveries.

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The latest results demonstrate an emerging coherent zone of shallow gold mineralisation extending for up to 3 kilometres along the Comedy King-Faye Marie trend.

Junior gold explorer Kin Mining (ASX: KIN) has reported a series of “outstanding” assay results from drilling at the advanced Cardinia project in Western Australia’s north-eastern goldfields, including a bonanza intercept grading 113 grams...

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Assays are pending for around 3,500 metres of drilling with results expected over the coming weeks from RC drilling at Comedy King and Lewis East and aircore drilling at Comedy King and Faye Marie.

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Junior explorer Kin Mining (ASX: KIN) has continued to define shallow gold mineralisation at its wholly-owned Cardinia gold project in Western Australia with recent drilling returning grades of up to 4.29 grams per tonne of gold. The compan...

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Assays are pending for around 3,500 metres of drilling with results expected over the coming weeks from RC drilling at Comedy King and Lewis East and aircore drilling at Comedy King and Faye Marie.

The company has received initial assay results from RC drilling at the Cardinia Hill prospect and from AC drilling at Helens East prospect.

Following the completion of the pre-feasibility study, Kin has commenced the evaluation of exploration opportunities across the 45-kilometre strike of the CGP area.

The 100% owned CGP has a 945,000-ounce gold mineral resource which the company believes has the potential to grow with further drilling.