Kin Mining NL (ASX: KIN) has reported that assay results from the first eight Reverse Circulation (RC) drill holes completed have provided further confirmation of deeper, primary mineralisation and refined understanding of Mt Flora structure, 20km east of its 100%‐owned 1.28Moz Cardinia Gold Project (CGP) near Leonora in Western Australia.
The holes form part of a 25‐hole RC drilling programme completed in November 2021 to enhance the company’s understanding of the primary mineralisation below high‐grade air‐core (AC) results and to test the proposed geological model developed using information from the very successful deeper diamond drill hole, MF21DD001.
Of the RC results returned to date, MF21RC017 returned a broad intercept of 18m at 1.57g/t Au from 119m including 4m at 2.23g/t Au from 119m and 2m at 5.65g/t Au from 135m, from a zone located up‐dip from the diamond hole intersection of 5.3m at 6.49g/t from 188.3m (MF21DD001).
This broad intersection was within an extensive zone of sulphide mineralisation and pervasive scheelite veining. Structural measurements of the foliation within the mineralised structure in the diamond drill hole have a sub‐vertical orientation and a strike that is trending to the NNE.
Confirmation of the presence of a high‐grade primary gold system beneath the air‐core drilling is a significant development, providing further confidence in the potential of the emerging Mt Flora discovery.
Importantly, these zones of mineralisation display a distinctive style of alteration, with quartz‐carbonate‐ pyrite‐scheelite veining present in a silica‐biotite altered basalt. The mineralisation is rich in tungsten (W) with elevated tellurium (Te) and sulphur (S), which are being used to map the alteration system.
Overall, the combination of soil geochemistry, AC drilling, diamond drilling and now the primary mineralisation returned from initial RC drilling all confirm the discovery of a zone of strong gold mineralisation associated with a regional structure and a significant alteration signature.
The Mount Flora prospect remains as a priority satellite exploration target for the company’s geological team, alongside the 1.28Moz CGP.
“We’re building an increasingly detailed understanding of the mineralisation at Mt Flora, with these initial RC holes providing further confirmation of the deeper, primary gold mineralisation as well as enhancing our broader geological model,” Kin Mining Managing Director, Andrew Munckton, said.
“These latest results support our view that the Mt Flora Eastern Zone contains several mineralised lodes, providing further confirmation of Mt Flora’s potential to emerge as an important new gold discovery 20km east of the main Cardinia Gold Project.
“Assays are now eagerly awaited for the remaining 2,083m of RC drilling completed at Mt Flora as part of this program to confirm the extent of the high‐grade mineralisation in both the near‐surface and primary environment to the north and south of section 6817710mN.
“Visual inspection of the RC drill chips shows that the drilling has successfully intersected the interpreted zones of mineralisation, with sulphide and scheelite logged in numerous holes.”
For further information please visit: https://www.kinmining.com.au/
