Kin Mining (ASX:KIN) - Managing Director, Andrew Munckton
Managing Director, Andrew Munckton
Source: Kin Mining
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Kin Mining (KIN) has now received all of its drill results from the received the recent reverse circulation drilling at its Bruno-Lewis deposit, within its Cardinia Gold Project in WA
  • The new results are significant and have been described as some of the best results from Bruno-Lewis
  • The company is currently looking to upgrade and expand the current 311,00 ounces mineral resource estimate, which is on track to be completed in the March 2021 quarter
  • Kin says with the drilling results it now has a number of exciting exploration targets to test at Cardinia for 2021
  • On the market today, Kin is in the grey and is trading for 16 cents per share

Kin Mining (KIN) has received further significant assay results from the recent reverse circulation (RC) drilling at its Bruno-Lewis deposit.

Bruno-Lewis deposit is located within the Cardinia Gold Project in Western Australia.

The new results have confirmed the quality of the Bruno-Lewis deposit, showing the potential to upgrade and expand the current 311,00 ounces mineral resource estimate (MRE).

Earlier this month, the company reflected on December quarter as it plans to increase the MRE at Cardinia.

Significant results include shallow high-grade mineralisation such as 10 metres at 10.8g/t of gold from 15 metres and 14 metres at 6.09g/t of gold from 39 metres.

Kin says with these new results and the previous drilling results it now has a number of exciting exploration targets to test at Cardinia in 2021.

Kin says the updated MRE is on track and is expected to be completed in the March 2021 quarter.

“These results from the northern half of the Bruno-Lewis deposit are some of the best results we have seen from Bruno-Lewis and from the wider Cardinia area,” Managing Director Andrew Munckton said.

“The high-grade results delivered from the recent Bruno-Lewis drilling campaign provide further evidence that the Cardinia area is a major mineralised gold camp, similar in scale and style to other multi-million-ounce gold camps along the Keith-Kilkenny Shear Zone that have supported other gold operations for many years,” he added.

Kin is in the grey on the market today and is trading for 16 cents per share at 1:45 pm AEDT.

KIN by the numbers
More From The Market Online

Great Western shares jump nearly 11% on WA govt funding for priority Cu-Au targets

Great Western Exploration shares jump nearly 11 percent on West Australian government funding to test copper-gold…

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Lithium Universe has closed off the March quarter with a new Chief Financial Officer and strategically located land…

Alligator snaps at extended mineralisation of Blackbush uranium deposit in SA

Extension drilling in the first four months of this year at the Samphire Uranium Project in South Australia has enabled Alligator Energy Ltd