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Kin Mining changes board to facilitate next stage of development

The Cardinia deposit is within the wider Leonora Gold Project which hosts a resource of 18.2 million tonnes at 1.44 g/t for 841,000 ounces.

Kin Mining is a West Australian-based gold development company

Kin Mining NL (ASX:KIN) is making changes to its board of directors which will take place before the end of July, after completion of a pre-feasibility study (PFS) for the Cardinia Gold Project in the eastern Goldfields of WA.

These changes follow recent discussions between the current board and numerous major shareholders, two of which have requested representation on the Kin board.

The restructure will ensure the board has an appropriate number of directors and blend of skillsets for a company at Kin’s stage of development.

READ: Kin Mining upgrades Cardinia gold resource ahead of pre-feasibility study

Changes to the board include the appointments of Nicholas Anderson and Hansjoerg Plaggemars as well as the resignations of Jeremy Kirkwood and Trevor Dixon.

Managing director Andrew Munckton, non-executive director Brian Dawes and non-executive director Joe Graziano will continue to serve on the Kin board.

READ: Kin Mining will use $2.1 million placement funds to finalise Cardinia gold PFS

The company thanks Kirkwood for this leadership through what has been an often-challenging period since his appointment in February 2018.

"Jeremy's commitment to all Kin shareholders and the business has been steadfast and unwavering," the company said.

The board also thanks Dixon for his years of dedicated service and commitment to the company.

"Trevor was instrumental in assembling the original Kin tenure on which the company was floated in 2013 and in securing the tenure on which the Cardinia project is now based."

Quick facts: Kin Mining NL

Price: 0.135 AUD

Market: ASX
Market Cap: $85.9 m

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