Kin Mining NL (ASX: KIN | FRA:8KM) has reported outstanding wide, high-grade assay results of up to 8m at 14.9 g/t in the sulphide zone and 13m at 5.98 g/t in the oxide zone from the initial Reverse Circulation and diamond Resource Definition drilling program at the Cardinia Hill deposit at its 100%-owned Cardinia Gold Project near Leonora in Western Australia.
The company said that the assays highlight strong potential to upgrade and expand the existing 61koz Inferred Mineral Resource. KIN said that the results from 14 drillholes and 1,561m of drilling confirm the Company’s understanding of the geology in the oxide and sulphide zones at Cardinia.
The company noted that the results confirm the continuity and extensions of both shallow and deeper high-grade mineralisation in the Southern Shoot along the Cardinia Hill Fault.
KIN announced that drilling has also commenced to test the seven targets identified in the emerging Eastern Corridor by the detailed gravity survey completed in late 2020.
Cardinia Hill discovery
The Cardinia Hill discovery is located 2km from the proposed processing plant location at the Cardinia Gold Project in Western Australia.
An initial shallow Reverse Circulation (RC) and diamond (DD) drilling program at Cardinia Hill had resulted in the estimation of an Inferred Mineral Resource totalling 1.2Mt at 1.66g/t for 61,000 ounces of gold in December 2020.
Resource definition program
The company had commenced a Resource Definition program at the Cardinia Hill discovery in February 2021. The program comprised approximately 8,300m of the RC and DD drilling in 47 holes.
The program was designed to extend the Mineral Resource to approximately 200m below surface and in-fill the near surface portion of the Mineral Resource to a nominal 25m by 25m spacing as the foundation for an upgrade of the Mineral Resource classification.
KIN has now reported the assays from 14 drillholes and 1,561m of drilling, approximately 30% of the planned program.
Outstanding drill results
KIN reported that outstanding assay results received from recent Reverse Circulation (RC) and diamond (DD) drillholes at the Cardinia Hill discovery. The company said that the results have confirmed the Company’s understanding of the geology in the oxide and sulphide zones at Cardinia.
Standout results included 8m at 14.9 g/t Au from 194m (CH21RC142); 12m at 7.00 g/t Au from 80.6m (CH21DD093); 13m at 5.98 g/t Au from 38m (CH21RC116); 24m at 3.12 g/t Au from 19m including 9m at 6.95 g/t Au from 34m (CH21RC112); 21m at 2.58 g/t Au from 43m including 6m at 5.32 g/t Au from 52m (CH21RC109); 13m at 2.62 g/t Au from 35m and 6m at 6.11 g/t Au from 66m (CH21RC106); 10m at 2.92 g/t Au from 22m (CH21RC108); 7m at 2.73 g/t Au from 93m (CH20RC105); and 7m at 2.47 g/t Au from 41m (CH20RC104).
KIN said that the results confirm the continuity and extensions of both shallow and deeper high-grade mineralisation in the Southern Shoot along the Cardinia Hill Fault.
The company noted that the resource definition program has extended the strike length and depth extent of the high-grade Southern Shoot, with drilling extending high-grade mineralisation to approximately 200m vertical depth and highlighting the potential for future underground mining at Cardinia Hill.
RC drilling at Eastern Corridor
The Eastern Corridor covers a substantial area approximately 5km long by 2km wide and contains the Rangoon, Fiona, East Lynne, and Collymore prospects in addition to the Helens and Cardinia Hill deposits. It is an attractive area of structural features and consists of a series of targets similar in style to the Cardinia Hill and Helens high-grade deposits.
The company announced that the initial testing with RC drilling has commenced in the Eastern Corridor in parallel with RC and DD drilling program currently being undertaken at Cardinia Hill.
KIN said that the initial program will systematically test seven targets and comprises 5,600m of drilling in 53 holes.
Kin Mining Managing Director, Andrew Munckton, said: “This is a great way to close-out the first quarter, with the first batch of assays from the Resource Definition drilling program at Cardinia Hill well and truly coming up with the goods!
The results have exceeded our expectations and upgraded the potential of this deposit, as well as our understanding of, and growing confidence in, the emerging Eastern Corridor which hosts Cardinia Hill and numerous other recently defined targets.
The number of results exceeding 30 gram-metres, plus standout intercepts such as 8m at 14.9g/t Au from 194m down-hole in CH20RC142, 12m at 7.0g/t Au from 80.6m down-hole in CH21DD093 and 13m at 6.0g/t Au from 38m down-hole in CH20RC116 in the main lode position, demonstrates the continuity of the high-grade zone to significant depths at the Southern Shoot and augurs well for an improving grade profile for the nearsurface component and the overall deposit.
Elsewhere across the Project, air-core drilling at 200m line spacing over the Eagle soil geochemical anomaly located on the western side of the CGP is nearing completion and RC drilling has commenced to test the seven targets in the Eastern Corridor which were highlighted in the recent gravity survey work”
*Image Source: Kin Mining NL