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Market: ASX:KIN
52-week High/Low: A$0.44 / A$0.12
Sector: Mining
Market Cap: A$26.60M
Kin Mining NL

Kin Mining NL

Kin Mining NL (ASX:KIN) is listed on the Australian Securities Exchange.

Kin Mining NL

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Big picture - Why invest in Kin Mining NL

Kin Mining NL Snapshot

Kin Mining NL is a recently successfully listed (October 2013) Australian based resource company (ASX,KIN). The Company originally floated with six mineral exploration project areas in the Leonora District of Western Australia. Recent acquisitions include the Leonora Gold Project, containing a gold inventory in excess of 1 Moz. All projects are regarded as having a great potential for hosting economic deposits of gold, nickel, and other base metals.

Kin has assembled a team of highly qualified individuals who are experienced in the development of mineral properties. The Kin team is committed to exploring and developing its various projects in what is regarded as one of the most prospective and highly mineralised regions in Western Australia – the Eastern Goldfields.

Leonora Gold Project

The Leonora Gold project hosting the Cardinia, Mertondale and Raeside Gold deposits are located in the Mt Margaret Mineral Field in the centre of the Eastern Goldfields, positioned approximately 20-40km NE of Leonora and 800km ENE of Perth. The tenement group (2 EL’s, 122 PL’s, and 22 ML’s) cover an area of approximately 300km2. The project is referred to as the Leonora Gold Project.

The current Indicated and Inferred Gold Resource of 11.825Mt @ 1.9g/t Au for 722,300oz (JORC 2012) as reported by Kin Mining (11/5/2015:ASX) Announcement is contained within 17 separate gold deposits that occur within three project areas namely:

• Mertondale (395,000 oz)
• Cardinia (193,300 oz)
• Raeside (134,000oz) and

Figure 1 – Location Plan of the Cardinia Mertondale Project area depicting

(click here for more information on this project)


The Desdemona project area is located approximately 10 to 34km south of Leonora. The holding area has good potential for the discovery of economic gold, nickel, PGEs and base metals mineralisation.

The Desdemona project area overlies the western contact of the Melita Greenstone Belt and the Mary Bore Magnetic Complex. The stratigraphy generally strikes northeast-southwest and is offset by several strike-slip faults. The Gwalia and Mt George Shear Zones form the margin between the granitoids (granitic gneiss) to the west and the greenstones to the east.

(click here for more information on this project)

Iron King Group

The Iron King Group comprises eight PLs around the historic Iron King and Victory Mining Centres located 45km NNW of Leonora and approximately 14km NW of St Barbara Ltd’s (SBL) “King of the Hills” gold mine.

The leases overlie a highly deformed and complex Archaean greenstone sequence intruded by numerous granitic and porphyry intrusions and Proterozoic mafic dykes.

(click here for more information on this project)

Murrin Murrin

The Murrin Murrin project area comprises 14 PLs and one small ML situated approximately 45km east of Leonora in the Mt Morgan’s District of the Mt Margaret Mineral Field. It is approximately 15km south of the Murrin Murrin lateritic Ni-Co Mine and lies within a 15-20km radius of Kin’s Mt Flora, Randwick and Redcastle Project areas.

The Company’s Murrin Murrin leases form a contiguous package which is located adjacent to the historic Murrin Murrin gold mining centre and the former Anaconda, Rio Tinto and Nangeroo base metal mines as well as being close to several of Glencore International PLS’s nickel-cobalt laterite resources.

Figure 1 – Tenement showing Outcrop Geology and Target Areas

(click here for more information on this project(s))

Information last updated 8th January 2016.

Terry Grammer

Mr Grammer is a geologist with over 35 years’ experience in mining and mineral exploration with extensive experience in Australia, Africa, east Asia & New Zealand. He has been based in Western Australia since 1988 and has extensive professional experience in the exploration of gold, base metals and some industrial minerals. He was a founder and promoter in 1999 of the successful nickel miner Western Areas NL, and was exploration manager of the company from 2000 until retiring in 2004.

Mr Grammer was awarded the Association of Mining and Exploration Companies’ Joint Prospector of the Year Award in 2000 for the discovery in 1997 of Jubilee Mines Cosmos Nickel Deposit.

Mr Grammer retired from active geology in 2004, and since then has been involved company promotion, company financing and project acquisition. MrGrammer is currently a non – executive Director of Stratum Metals (ASX,SXT), gold and nickel sulphide mineralisation exploration company. He is also a non – executive director of Sirius Resources NL (ASX:SIR), a mineral exploration company.

Mr Grammer was previously a director of Fortis Mining Ltd (ASX:FMJ) from December 2010 to November 2011. MrGrammer is the former non – executive Chairman of South Boulder Mines Ltd (ASX:STB), from October 2007 to July 2013.

Trevor Dixon
Executive Director

Mr Dixon is a businessman with over 25 years experience within the mining and exploration industry as an earthmoving contractor to the industry and as a private individual identifying prospective mineral areas and subsequently acquiring project areas of interest. He has been a founding vendor to a number of companies including Jubilee Mines NL (now Xstrata Plc), Terrain Minerals Ltd (ASX:TMX) and Regal Resources Ltd (ASX:RER).

During his time in the industry he has had joint venture partners including Newcrest Mining Ltd, Independence Group NL, St Barbara Ltd, Normandy Poseidon, Ashton Mining, and currently holds Joint Venture/Royalty agreements with Xstrata Plc, Regal Resources Ltd and A1 Minerals Ltd.(Now Stone Resources Ltd)

Mr Dixon’s management experience in the areas of contractual outcomes, Mining Act regulatory procedures and standards, tenement management and long history of Native Title negotiations and resolutions make him suitable for the role of an Executive Director of KIN Mining NL.

Fritz Fitton
Non-Executive Director

Between 1969 and 1987 Mr Fitton worked as senior geologist for several international mining corporations, during which time he was involved in several world class mineral discoveries. In 1987 Mr Fitton founded Geological & Mining consulting firm Maprock Pty Ltd based in Perth WA. Since its formation, Maprock has been responsible for the preparation of numerous Independent Geological Reports for inclusion in prospectuses for successful IPO’s such as Jubilee Mines, Berkeley Resources, Trafford Resources Athena and Scotgold.

Mr Fitton is a long standing Member of both the AusIMM and AIG professional bodies and as such is recognised to be a “Qualified Person” for such purposes as ASX releases and the quantification of JORC mineral resources.

Throughout his career Mr Fitton has been responsible (either as an individual or part of a team) for the discovery of numerous major economic mineral deposits several of which are still in production (e.g. Scuddles-Golden Grove Cu-Zn-Au (WA), Elura Zn-Pb-Ag (Cobar NSW) and Harbour Lights Au (WA). More recently he was involved in the discovery of the Wilcherry Hill high-grade magnetite deposits near Whyalla in South Australia now being mined by Ironclad/Trafford Resources. Mr Fitton has also carried out exploration for a diverse range of mineral commodities in many overseas countries (e.g. China, Fiji, South Africa, Botswana, Uganda and the Balkans). Mr Fitton is currently on the board of or advisor to several private WA based exploration companies with interests in Australia and a number of overseas countries.

Joe Graziano
Non-Executive Director

Mr Graziano is a Chartered Accountant with corporate and company secretarial experience. He has experience in capital raisings, ASX compliance and regulatory requirements and is currently a director of Crowe Horwath, (Perth). Mr Graziano has had 22 years’ experience in business, financial and taxation advice to listed and unlisted companies including mining, resources, banking and finances.

Mr Graziano is currently a non-executive director of OZ Brewing Limited (ASX:OZB) and Brimstone Resources Limited (an unlisted public company)

Information last updated 8th January 2016.

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