Kin Mining drilling returns more shallow gold intercepts at Cardinia Hill discovery
Junior gold explorer Kin Mining (ASX: KIN) has reported further shallow gold intercepts in drilling at the Cardinia Hill discovery at its flagship Cardinia Gold Project
5th June 2020
Resources Rising Stars
Junior gold explorer Kin Mining (ASX: KIN) has reported further shallow gold intercepts in drilling at the Cardinia Hill discovery at its flagship Cardinia Gold Project (CGP) near Leonora in WA, with the footprint of mineralisation extended along strike to the north and down-dip (reports Emma Davies on the Small Caps website).
Final assay results have been received from reverse circulation (RC) drilling at Cardinia Hill and air-core drilling at Helens East prospect, which sit around 2.5km east of the proposed processing plant site at the CGP.
These results correlate with and build on the positive results announced over the past few weeks, continuing to confirm significant shallow mineralisation as well as to increase Kin’s geological understanding of these emerging discoveries.
Best RC results from Cardinia Hill included 8 metres at 3.81 g/t gold from 4 metres, 8 metres at 2.38 g/t from 18 metres, and 9 metres at 2.31 g/t from 56 metres, 4 metres at 5.15 g/t from 32 metres, and 6 metres at 1.92 g/t from 66 metres, and 9 metres at 1.72 g/t from 42 metres.
Kin Mining managing director Andrew Munckton said: “We are continuing to build the geological picture at Cardinia Hill, with the latest results providing further important insights into what appears to be a significant zone of shallow mineralisation extending over a 500 metres strike length.
“The final batch of assays from the recent RC program have continued to define high-grade zones and confirmed extensions of the mineralisation along strike to the north and down-dip."
As with the prior drilling, the multi-element assays of mineralised intervals returned silver, arsenic, molybdenum, antimony, tellurium, and tungsten – all associated with sulphide mineralisation.
“We now have a much clearer picture of the orientation and controls on the mineralised lodes, and we are looking forward to getting back into the field as soon as possible to drill out this exciting discovery to facilitate a maiden JORC mineral resource estimate,” Munckton said.
The new results have suggested the presence of a cross-cutting structural host to the mineralisation, as opposed to the stratigraphy-parallel interpretation initially developed.
Notable air-core results at Helens East from eight holes include 4 metres at 0.55 g/t from 28 metres.
All assays have now been returned from the Cardinia Hill RC and Helens East air-core programs, with assays still pending for the recent RC program at Lewis East.
The company is planning the next multi-pronged exploration program at the CGP, with further drilling to step out from these results and define the extent of this area of the deposit.
Munckton said: “Cardinia Hill is just one of several emerging areas that we plan to drill aggressively in the coming months.
“While the final assays from the air-core program at Helens East were unsuccessful in confirming a significant northern extension of the Cardinia Hill mineralisation, there is plenty of follow-up work to do at Helens East and Helens South.
“We are awaiting final assays from Lewis East, which should be reported shortly, and planning is already underway on our next phase of exploration.
"This will encompass Cardinia Hill, Helens South/East, Comedy King/Faye Marie and other emerging areas that will be described more fully in an exploration update to be provided in the coming weeks.”
© 2020 Resources Rising Stars All Rights Reserved