Kin Mining NL’s (ASX:KIN) (FRA:8KM) final results from recently completed follow-up aircore drilling at Eagle-Crow prospect, on the western side of its Cardinia Gold Project (CGP) in Western Australia, have revealed further zones of shallow, high-grade gold mineralisation.
Best 4-metre composite assay results included:
- 8 metres at 19.8 g/t gold from 40 metres, including 4 metres at 38.8 g/t from 44 metres;
- 8 metres at 1.09 g/t from 20 metres;
- 4 metres at 1.93 g/t from 28 metres;
- 4 metres at 1.04 g/t from 16 metres; and
- 4 metres at 1.01 g/t from 8 metres.
The broad-spaced aircore drilling has defined two parallel zones of mineralisation, the same style as other significant deposits at the CGP, including Bruno-Lewis and Cardinia Hill, which highlights the potential for an extensive, shallow gold discovery.
“Early-stage similarities to Bruno-Lewis”
Initial diamond (DD) and reverse circulation (RC) drilling to confirm the orientation and extension of the shallow mineralisation below the oxide zone will commence following the completion of drilling at the Rangoon and Cardinia Hill deposits.
Kin managing director Andrew Munckton said: “These latest results further reinforce our enthusiasm about this western side of the Cardinia Gold Project, with Eagle-Crow showing plenty of early-stage similarities to the nearby Bruno-Lewis deposit and the rapidly-emerging Cardinia Hill deposit.
“Based on this successful aircore drilling program, we have now confirmed the presence of two parallel zones of mineralisation at Eagle-Crow, with follow-up RC and diamond drilling to be undertaken as soon as the rigs complete the current drill programs underway at Rangoon and Cardinia Hill, which is expected around mid-June.
“While Eagle-Crow remains an early-stage exploration target, the results that we’re seeing indicate exciting potential to delineate a new, shallow, high-grade gold discovery to organically grow the 1.23 million-ounce Cardinia Gold Project.”