Kin Mining NL (ASX: KIN) has received promising final results from the North Extension RC drilling programme at the Cardinia Hill prospect, located along strike of the 106,000 oz Cardinia Hill deposit at its 100%-owned 1.275Moz Cardinia Gold Project (CGP) near Leonora in Western Australia.
The final assay results include narrow, high-grade intercepts such as 2m at 14.5g/t Au from 120m in CH22RC192, 1m at 6.11g/t Au from 63m in CH22RC188 and 1m at 7.17g/t Au from 50m in CH22RC203, together with other significant results located on a single quartz and sulphide rich zone trending north from Cardinia Hill towards the East Lynne high grade Aircore drilling results of 5m at 35.1g/t Au from 40m reported in September 2020.
The Cardinia Hill high grade results remain open to the north. The new assay results support and reinforce the results reported in August 2021 and April from the nearby Rangoon deposits confirming deposits within the Eastern Corridor, including Cardinia Hill, Helens, Fiona, Rangoon and East Lynne form a coherent mineralised system that spans an area of approximately 5.0km by 1.0km.
The extensive multi-element assaying completed in the Eastern Corridor has confirmed that the sulphides are also rich in Silver and strongly anomalous in Copper, Antimony, Molybdenum, Selenium and Tellurium suggesting structurally controlled mineralisation above an intrusion related source of the mineralising fluid.
These results reinforce Kin Mining’s view that the Eastern Corridor gravity lows highlighted in the recently completed detailed geophysical survey over the greater Cardinia area mark the positions of buried porphyry intrusions and associated alteration of the mafic host rocks in the area.
The extensions of known, near surface mineralisation that trend along gravity lows, remain priority exploration targets for new discoveries for the Company’s exploration team.
The prospectivity of the Eastern Corridor targets will be further assessed with follow up RC drilling programs at Rangoon and East Lynne currently underway. Assay results for these follow up programs will be provided as they come to hand.
The Cardinia Hill deposit was originally discovered by broad spaced Aircore (AC) drilling in early 2020 testing a substantial gold in soil anomaly highlighted during systematic early-stage exploration conducted in 2019.
A significant number of other targets in the Eastern Corridor were also highlighted by this 2019 soil geochemistry program and remain to be drill tested.
These results from the northern extension drilling of the Cardinia Hill deposit provide confirmation that Cardinia Hill high grade gold lodes can be traced for over 1.1km and remain open to the north and at depth,” Managing Director, Andrew Munckton, said.
“The next significant drilling along the Cardinia Hill structure is at East Lynne approximately 600m north where previous Aircore drilling intersected exceptional grades (5m at 35g/t Au).
“The exploration team are now assessing, with a small additional RC drilling programme at East Lynne, if the two deposits lie on the same mineralised structure and may be continuous.
“These Cardinia Hill results combined with recent high grade results from Rangoon, Fiona and historical drilling at the nearby Helens deposit demonstrate that the Eastern Corridor area is strongly endowed with multiple structurally controlled ore positions, all of which contain high grade sulphide and quartz vein mineralisation that has a common source.
“The company has only drilled the near surface environment at the Eastern Corridor and believe with further drilling supported by our advanced geological understanding and aided by our detailed gravity model that further significant mineralised positions in this exciting area will be revealed.
“Given the widespread nature of the ore grade intercepts and the near-by location of this exciting area to the Cardinia plant site, we have prioritised for deeper RC drilling the Eastern Corridor which has already commenced at Rangoon and East Lynne.”
