Kin Mining identifies new mineralised trends at Eastern Corridor within Cardinia gold project
Latest assays from exploration at Kin Mining’s (ASX: KIN) Eastern Corridor area within the Cardinia gold project in Western Australia have identified multiple mineralised trends for follow-up work.
The company has reported significant results from the final seven lines of extensional aircore drilling between the Cardinia Hill and Collymore targets including 4 metres at 0.98 grams per tonne gold from 32m; 16m at 0.57g/t gold from 56m; 8m at 0.50g/t gold from 4m; and 6m at 0.81g/t gold from 60m to end of hole.
The results are believed to provide further evidence of an extensive and continuously-mineralised corridor spanning the entire 5 kilometre strike extent between the Cardinia Hill, Helens, Rangoon and Collymore prospects.
‘Camp-scale’ mineralisation
Managing director Andrew Munckton said there was potential for “camp-scale” gold mineralisation along the strike extent between Cardinia Hill and Collymore.
“These latest results show that a number of newly-discovered mineralised positions within the Eastern Corridor have geological continuity of mineralisation, confirming these areas as priority targets for follow-up reverse circulation drilling and highlighting extensions to previously-intersected quartz pyrite mineralisation,” he said.
“The assays have very similar characteristics to those seen at all deposits within the Eastern Corridor, where the combination of anomalous soil geochemistry at surface followed by broad-spaced, ore-grade aircore results in the oxide and regolith zone in the right geological environment has frequently led to the discovery of sizeable gold deposits at depth with follow-up drilling.”
Area of interest
Mr Munckton said the Eastern Corridor continued to be an area of interest.
“We have focused most of our exploration efforts over the last 18 months on this area and it is emerging as a large, multi-faceted mineralised gold camp,” he said.
“It already hosts a very significant mineralised position, with resources totalling 475,000 ounces at 1.42 grams per tonne defined so far, mainly at the Helens-Rangoon, Helens East and Cardinia Hill deposits which have been our three most recent discoveries.”
He said there was “exceptional” growth potential along the Eastern Corridor for more discoveries of similar size and grade.