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Kin Mining's strong results expand Collymore gold trend strike length to more than 1.2 kilometres

The results provide further evidence of a strategically important emerging gold trend lying parallel and immediately west of the emerging East Lynne discovery and between the Hobby and Rangoon deposits.

Kin Mining NL - Kin Mining reports further encouraging results from recent aircore drilling at Collymore prospect in WA
Collymore has delivered strong initial results with the added bonus that it now raises the potential for several deposits along this trend

Kin Mining NL's (ASX:KIN) (FRA:8KM) strong results from aircore drilling have extended the strike length of the Collymore gold trend to more than 1.2 kilometres, further enhancing the potential for growth at the Cardinia Gold Project near Leonora in Western Australia. 

The results from part of the ongoing Phase 3 drilling program add to results from previous aircore drilling and provide further evidence of a strategically important emerging gold trend lying parallel and immediately west of the emerging East Lynne discovery and between the Hobby and Rangoon deposits.

Kin's 200-metre spaced aircore lines highlight two parallel mineralised trends at the emerging prospect with assay results pending from two initial reverse circulation (RC) holes drilled to test below the encouraging aircore results.

Consistently strong results

Kin Mining managing director Andrew Munckton said: “We are very pleased with the consistently strong results generated from the 200-metre spaced infill aircore drilling at Collymore.

“The results demonstrate a significant strike length of mineralisation in two parallel zones underneath a strong soil geochemical anomaly, located immediately west of the East Lynne trend.

“As we have seen at both Hobby and Cardinia Hill, anomalous soil geochemistry at surface, followed by broad-spaced, ore grade aircore results in the oxide and regolith zone in the right geological environment is a good indicator of strong underlying gold mineralisation when tested at depth with RC and diamond drilling.

“Collymore has delivered strong initial results with the added bonus that it now raises the potential for several deposits along this trend, including the Hobby deposit 1.2 kilometres to the north and the Rangoon deposit 1.0 kilometres to the south.

"We are eagerly awaiting assay results from the initial two RC holes that tested the Collymore mineralisation at depth before planning a follow-up RC program to provide a more comprehensive test of this large emerging gold trend.”

Highlight two parallel mineralised trends

The results include several significant intercepts which have defined two parallel mineralised trends at the Collymore prospect, extending over a strike length of more than 1.2 kilometres.

Encouraging results include:

  • 8 metres at 1.68 g/t gold from 48 metres;
  • 4 metres at 1.92 g/t from 24 metres;
  • 4 metres at 1.55 g/t from 24 metres; and
  • 8 metres at 0.94 g/t from 48 metres.

The Collymore prospect, which extends over a strike length of about 1,200 metres defined by the aircore drilling, remains untested at depth below the oxide zone.

This prospect remains open to the north for around 1.2 kilometres before intersecting the Hobby prospect, which is being RC drilled to define a mineral resource.

The mineralised trend also extends about 1.0 kilometres south of the Collymore prospect before merging into the Rangoon deposit which has a mineral resource of 800,000 tonnes at 1.19 g/t gold for 31,000 ounces.

Assays pending for initial RC holes

Two RC holes have been completed at Collymore to test the Eastern trend and confirm the geological interpretation of the mineralisation below the oxide zone.

The first of these holes targeted beneath historical workings where high grade (18.6 g/t gold) rock chip samples were returned while the second was designed to test the same trend, beneath a significant intercept of 20 metres at 1.36 g/t intersected in the first phase of aircore drilling at the prospect.

Assays are pending for both holes but initial observations from the geological logging suggest that the gold may be associated with pyrite mineralisation proximal to porphyry intrusions in a mafic host rock, similar to the higher-grade mineralisation seen at both Hobby and Cardinia Hill.

A larger follow-up RC drilling program is being planned for Collymore, to test the extent and scale of the mineralisation identified.

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