Drilling Delivers More Shallow High-Grade Intercepts
Kin Mining NL (ASX: KIN) has identified further significant zones of shallow, high-grade gold mineralisation in final results from the recently completed follow-up air-core (AC) drilling programme at the Eagle-Crow prospect within 100%- owned Cardinia Gold Project (CGP) near Leonora in Western Australia.
Managing Director, Andrew Munckton, said the latest results further reinforcing the Company’s view that Eagle-Crow offers compelling potential for a new gold discovery in this emerging area, subject to further drilling.
The Eagle prospect, located just three km from the proposed processing plant site, was defined in late 2020 from a regional soil geochemical program undertaken by Kin Mining. The soil programme covered the historical Eagle and Crow prospect workings, where rock chip samples and historical scout AC drilling over a limited strike length had returned high grade results.
Kin Mining planned an initial programme of AC drilling that was completed in March, comprising 399 drill-holes for 17,035m. Results from the first 290 holes (13,261m) in this programme included significant zones of shallow high-grade gold mineralisation.
The programme was designed to provide an assessment of the source of the extensive gold-in soil geochemical anomaly at Eagle-Crow, which extends over a strike length of approximately five km and a width of 0.6km.
A follow-up AC programme was completed in April 2021, comprising six holes for 412m of drilling. Infill drilling at the Crow prospect delivered an outstanding intercept of 8.0m at 19.77g/t Au (including 4.0m at 38.8g/t Au) from hole EG21AC400, located 200m along strike from an intercept of 8m at 7.90g/t Au intersected in hole EG21AC072 in the previous round of drilling.
Historical AC drilling on this mineralised trend intersected 3m at 4.5g/t and 3m at 27.1g/t Au adjacent to old surface workings.
This latest assays cover the remaining 115 holes (including the six follow up holes) and 4,186m and continue to reinforce the interpretation that the Crow prospect hosts two zones of coherent gold mineralisation extending over approximately 600m strike.
At the Eagle prospect, extension lines to the south intersected 8m at 1.09g/t Au and several 4m intersections at between 1.01g/t and 1.93g/t Au.
“These latest results further reinforce our enthusiasm about this western side of the Cardinia Gold Project, with Eagle-Crow showing plenty of early-stage similarities to the nearby Bruno-Lewis deposit and the rapidly-emerging Cardinia Hill deposit,” Mr Munckton said.
“Based on this successful air-core drilling programme, we have now confirmed the presence of two parallel zones of mineralisation at Eagle-Crow, with follow-up RC and diamond drilling to be undertaken as soon as the rigs complete the current drill programs underway at Rangoon and Cardinia Hill, which is expected around mid- June.
“While Eagle-Crow remains an early-stage exploration target, the results that we’re seeing indicate exciting potential to delineate a new, shallow, high-grade gold discovery to organically grow the 1.23Moz Cardinia Gold Project.”
