Final assay results from Kin Mining NL’s (ASX: KIN) drilling programme at the Cardinia Gold Project (CGP) in WA have identified new, high grade zones of mineralisation at Comedy King and narrow ore grade mineralisation at Snowden Well.
The AC drilling results have been received from part of the drilling programme completed in December 2019. The program consisted of 7,881 metres of AC and 880 metres of Reverse Circulation (RC) drilling across six key target areas.
Managing Director Andrew Munckton said further results from the Lewis East and Lewis West prospect and single metre splits of wide zones of new mineralisation at Cardinia Hill, Lewis East, Black Chief and Comedy King are expected by mid to late February 2020. All targets drilled are located within five km of the proposed Cardinia processing plant site.
The 2019 aircore drilling programme completed in December has been a particularly successful campaign which has confirmed our belief that the Cardinia area holds substantial zones of high grade mineralisation in addition to the Mineral Resources that have previously been defined,” Mr Munckton said.
“The exploration team have made significant new discoveries at Cardinia Hill, Lewis East and now, Comedy King. These latest results confirm the presence of high grade, epithermal vein style mineralisation within broader zones of lower grade mineralisation and alteration at Comedy King.
“The Snowden Well RC results also show a strike continuous zone of narrow, ore grade mineralisation consistent with the Chert unit(s) mapped at surface that returned high grade rock chip results.
“The results to date are indicative of a large mineralised system at Cardinia and support our exploration objective of identifying new zones of mineralisation with potential to enhance the current CGP mine plan as outlined in the Pre-Feasibility Study completed in mid-2019.
“Cardinia Hill, Comedy King and Lewis East appear to be large scale zones of mineralisation which remain open and warrant follow-up drilling, expected later in the current March quarter 2020.
“The close proximity to the processing plant site only serves to further enhance the results. We look forward to reporting the remainder of the initial assay results in February 2020.”
The Comedy King prospect hosts historic drill intercepts of 1m at 40g/t and 2m at 10.1g/t gold produced from RC holes drilled towards the east. Recent rock chip sampling results of 895g/t and 277g/t and mapping has shown that most of the historic workings exploited quartz veins dipping moderately to the north.
The Cardinia Gold Project (CGP) located in the highly prospective North-Eastern Goldfields region of WA. The CGP has an 841koz gold Mineral Resource defined in both supergene and deeper primary mineralisation with considerable potential to grow this resource with further drilling.