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Kin Mining appoints Joe Graziano to chairman role, PFS due shortly

Kin expects to release a pre-feasibility study (PFS) for the Cardinia Gold Project in Western Australia within the next few weeks.

board room table
The PFS is expected in early-August 2019

Kin Mining NL (ASX:KIN) has appointed non-executive director Joe Graziano to the role of chairman, replacing the outgoing Jeremy Kirkwood.

Graziano is a founding director of Kin and has been part of the company since 2012.

He is a chartered accountant by training with over 28 years experience in professional services, predominantly in the resources industry.

Graziano said: “I welcome the opportunity to take on the role of chair and have a greater role in continuing the drive to develop the company’s 100% owned Cardinia Gold Project.”

READ: Kin Mining finalising Cardinia PFS for release by mid-August

Earlier this week, Kin revealed that it had received all reports from its external consultants working on the PFS and is in the process of  final review and compilation.

The CGP’s JORC resource estimate stands at 841,000 ounces grading 1.44 g/t gold which will underpin an updated Ore Reserve.

With the gold price trading at an all-time high of A$2,130 per ounce this morning, the PFS could be a material value catalyst for the company.

Quick facts: Kin Mining NL

Price: 0.135 AUD

Market: ASX
Market Cap: $94.18 m

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