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Kin Mining extends gold mineralisation with drilling at Helens deposit

Published: 10:03 02 May 2018 AEST

RC drill rig
Resource expansion at Helens is valuable due to its proximity to the processing plant

Kin Mining (ASX:KIN) has drilled out extensions to gold mineralisation at the Helens deposit within the Leonora Gold Project in Western Australia.

Highlights from the step-out drilling feature 14 metres at 3.08 g/t gold from 88 metres.

The Helens deposit is a priority target for resource expansion due to its close proximity to the processing plant location.

READ: Kin Mining set to commence gold mining alongside a rising gold price

Kin’s CEO Andrew Munckton said: “This recent drilling confirms those earlier results and illustrates the continuity of high grade mineralisation down plunge towards the south.

“In addition, the discovery of new mineralised positions in close proximity to the established mineralisation at Helens indicates that significant opportunity lies ahead.

“The company will continue to target this lightly drilled area of the project.”

15 RC holes and 4 diamond holes

15 reverse circulation (RC) holes for 1,846 metres and four diamond holes for 408 metres were drilled on the Helens area.

240 metres of diamond extends to RC holes were also drilled.

Highlights included:

• 14 metres at 3.08 g/t gold from 88 metres;
• 8 metres at 8.60 g/t gold from 88 metres;
• 6 metres at 11.9 g/t gold from 36 metres;
• 13 metres at 1.48 g/t gold from 106 metres; and
• 15 metres at 3.14 g/t gold from 64 metres.

Drilling also discovered new mineralisation

While drilling intersected high-grade gold extensions, it also intersected previously undiscovered mineralised position.

Assays remain pending for diamond holes.

The exploration rigs have moved to the Mertondale 3-4 deposit and drilling is also planned at the extensive Bruno-Lewis Complex, targeting deeper mineralisation below the current pit design.

Kin Mining sees consistently strong drill results from Eastern Corridor

Kin Mining NL (ASX:KIN) managing director Andrew Munckton tells Proactive significant assay results have been received from the next four lines of extensional aircore drilling between Cardinia Hill and Collymore within the Eastern Corridor at Cardinia Gold Project. He says the strong results...

on 13/6/23