Kin Mining NL (ASX:KIN) has confirmed a key gold discovery at its Mount Flora project in Western Australia, thanks to an infill, reverse circulation (RC) drill campaign.
The explorer has tabled assays for the first eight holes, which targeted the primary gold zone at Mount Flora and returned as much as 5.65 g/t gold.
Kin says the initial RC findings further confirms the gold discovery’s deeper, primary mineralisation and refines its understanding of the Mount Flora structural model.
Assays for another 17 holes, covering just more than 2,000 metres, remain pending, but Kin will report further results once received.
“Potential to emerge as an important new gold discovery”
Speaking to the campaign, Kin Mining managing director Andrew Munckton said: “We’re building an increasingly detailed understanding of the mineralisation at Mount Flora, with these initial RC holes providing further confirmation of the deeper, primary gold mineralisation, as well as enhancing our broader geological model.
“These latest results support our view that the Mount Flora Eastern Zone contains several mineralised lodes, providing further confirmation of Mount Flora’s potential to emerge as an important new gold discovery 20 kilometres east of the main Cardinia Gold Project.
“Assays are now eagerly awaited for the remaining 2,083 metres of RC drilling completed at Mount Flora as part of this program to confirm the extent of the high-grade mineralisation in both the near-surface and primary environment to the north and south of section 6817710mN.
“Visual inspection of the RC drill chips shows that the drilling has successfully intersected the interpreted zones of mineralisation, with sulphide and scheelite logged in numerous holes.
The results are in
In November last year, Kin set out on a 25-hole drilling expedition, covering 3,169 metres, to chase up the primary gold mineralisation below a series of high-grade aircore results.
The latest gold hits from Mount Flora include:
➢ 18 metres at 1.57 g/t gold from 119 metres, including 4 metres at 2.23 g/t from 119 metres at 2 metres at 5.65 g/t from 135 metres; and
➢ 22 metres at 0.86 g/t from 102 metres, including 3 metres at 2.4 g/t from 102 metres and 2 metres at 2.35 g/t from 112 metres.
In addition, a single diamond hole was completed to test potential depth extensions of near-surface mineralisation at the Eastern Zone.
The diamond hole intersected two zones of high-grade gold at roughly 54 to 62 metres downhole and 188 to 194 metres downhole.
Following the latest results, Mount Flora is now interpreted to be multiple sub-vertical, north-striking lodes off the main, regional, northeast-striking Federation Fault.
Overall, Kin says the combination of soil geochemistry, aircore and diamond drilling and now the primary gold returned from the RC program confirm a zone of strong gold mineralisation.
The Mount Flora project remains a priority satellite exploration target for the company’s geological team, alongside the 1.28-million-ounce Cardinia Gold Project.