logo-loader
viewKin Mining NL

Kin Mining hopes trial surveys will provide proof of concept in exploration at CGP

Geophysical surveying has potential to identify mineralised positions at depth below and along strike of existing deposits as well as additional new discoveries under shallow cover.

Kin Mining NL - Kin Mining hopes trial surveys will provide proof of concept in exploration at CGP
The Cardinia Gold Project (CGP) has a resource to date of 841,000 ounces

Kin Mining NL (ASX:KIN) will this month begin trial geophysical surveys over areas of high-grade mineralisation at deposits within the Cardinia Gold Project (CGP), east of Leonora in WA.

The aim of this work targeting high-grade sulphide gold mineralisation at depth is to confirm survey effectiveness as proof of concept ahead of potential larger-scale geophysical surveying across the wider project area.

Trial surveys

GAP Geophysics Australia, under the supervision of Russell Mortimer from Southern Geoscience, will conduct Induced Polarisation (IP) and Electromagnetic (EM) trial surveys at the Bruno-Lewis and Helens deposits.

Kin’s exploration program has significantly advanced the geological model for the Cardinia region.

Mineralising styles

Three mineralising styles have been identified – low sulphidation epithermal, volcanogenic hosted massive sulphide (VHMS) and orogenic structurally controlled lode style.

Physical property testing of mineralised core from Bruno-Lewis and Helens deposits has indicated that IP and EM surveys are capable of identifying the various styles of sulphide-rich, high-grade gold mineralisation.

Ground-based surveys using these techniques will be applied at Bruno-Lewis and Helens to determine the most effective method in an in-situ environment.

Location of trial lines for IP and EM loop. The Lewis line crosses to the south of the Lewis trial pit and the Helens line crosses over the sulphide-rich portion of the Helens resource.

Results expected next month

This work will be undertaken in late October, with transect lines over high-grade sulphide mineralisation, and results and interpretation are expected to be completed by mid-November.

Subject to a successful outcome of the trial, Kin intends to apply ground-based geophysical surveying over a wider area within the region to assist with targeting for upcoming drill programs.

Around 60% of the CGP is covered by recently transported cover and, as a result, has been subject to minimal exploration.

The Cardinia area which will be the target area for the trial contains a resource of 372,000 ounces, the majority of which lies beneath old workings in areas of shallow oxide and outcropping mineralisation.

This forms part of the overall project resource of 841,000 ounces defined in both supergene and deeper primary mineralisation with considerable potential to grow this with further drilling.

CGP mineral resources as at June 2019.

Quick facts: Kin Mining NL

Price: 0.04 AUD

ASX:KIN
Market: ASX
Market Cap: $22.84 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Kin Mining NL named herein, including the promotion by the Company of Kin Mining NL in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Kin Mining MD updates on development of Cardinia gold project near Leonora

Kin Mining NL (ASX:KIN) managing director Andrew Munckton updates Proactive Investors on development of the Cardinia gold project, near Leonora in Western Australia. Results from 16 of 51 holes drilled at both the Lewis and Helens prospects have been released so far. Munckton says,...

on 20/2/19

3 min read