Kin Mining NL (ASX:KIN) has kicked off a deep diamond drilling program of 1,600 metres at the highly prospective Eastern Corridor, part of the 1.41-million-ounce Cardinia Gold Project (CGP) near Leonora in Western Australia.
This phase of diamond drilling will provide an initial test of deep-induced polarisation (IP) targets below the shallow Helens, Helens East, Cardinia Hill and Rangoon deposits.
Looking ahead, resource expansion drilling is to start in the next two weeks, with reverse circulation (RC) and diamond drilling at the Rangoon deposit, where recent drilling returned significant results including:
- 32 metres at 2.98 g/t gold from 129 metres, including 12 metres at 5.62 g/t from 129 metres and 12 metres at 2.25 g/t from 149 metres; and
- 15 metres at 3.03 g/t from 162 metres
What’s more, Kin has completed an 8,800-metre aircore drilling program at the Murrin Project, with assays expected in late November.
New large-scale discoveries
Kin managing director Andrew Munckton said: “The current diamond drill program will test the first generation of deeper targets at Cardinia and continues our efforts to uncover new large-scale discoveries within the exciting Eastern Corridor.
“Preparations are also underway for a new phase of RC and diamond drilling at Rangoon, where we see excellent potential to add to the updated 95,000-ounce resource announced last quarter.
“This is an exciting time for the company as we accelerate the next stage of our exploration efforts, aimed at adding ounces and making significant new breakthrough discoveries”
Drill program
Kin Mining's initial deep diamond drilling program will evaluate a number of induced polarisation (IP) geophysical anomalies below the Helens, Helens East, Cardinia Hill and Rangoon deposits.
The IP targets have been developed following the completion of petrophysical testing on selected samples of high-grade, quartz-sulphide mineralisation from the Helens, Rangoon and Cardinia Hill deposits that indicated that strong IP responses were generated from pyritic mineralised samples that also carried elevated gold mineralisation.
Five separate targets have been identified and will be tested with a series of about 350-metre-deep diamond holes into each.
All five targets are located on two IP sections from the Kurrajong survey where mapping and resistivity data suggest the host rock is mafic or felsic volcanics.
This is the first generation of deeper targets to be tested at Cardinia and represents a significant exploration development for the project.
Forward plan
Kin is ramping up other exploration activities as part of its ongoing exploration campaign at the CGP.
A combination of RC and diamond drilling is scheduled to commence later this month to further evaluate the under-explored Rangoon area, within the Eastern Corridor area at CGPa.
Drilling results from Rangoon and other prospects within this corridor over the past 12 months have reinforced the substantial endowment of the Eastern Corridor as a priority focus for exploration at the CGP.
The Eastern Corridor contains a number of exciting exploration and development prospects including Cardinia Hill, Helens, Fiona and Rangoon.