High-grade intercepts include:
- 16m @ 37.6 g/t Au from 47m, including 5m @ 117 g/t Au (LS17RC067)
- 13m @ 14.3 g/t Au from 49m, including 3m @ 50.7 g/t Au (LS17RC064)
- 17m @ 6.0 g/t Au from 20m, including 2m @ 44.7 g/t Au (LS17RC074)
- 15m @ 3.4 g/t Au from 58m, including 2m @ 21.3 g/t Au (LS17RC076)
- 4m @ 15.3 g/t Au from 33m, including 1m @ 55.5 g/t Au (LS17RC057)
- 27m @ 2.7 g/t Au from surface, including 1m @ 32.2 g/t Au (LS17RC056)
The results are particularly outstanding because multiple high-grade intersections can be traced along a lithological contact for 500m of strike within the primary bedrock. This zone of mineralisation was previously undetected because previous explorers had focused on the shallow supergene resources which dominate the Cardinia area.
These latest drilling results suggest that a primary source of the extensive supergene resource at Cardinia exists and that it has a high-grade component.
These results at Lewis are very significant for the company. The high-grade bedrock intersections are continuous along strike for a least 500m, which highlights the potential to define substantial resource ounces. The intersections of gold mineralisation sit directly below the southern extent of a large plus 100,000-ounce supergene resource (Bruno-Lewis) that has a strike length of 3km. To date the Company has successfully tested the target corridor for 500m to a maximum vertical depth of only 70m and believes that there is no reason to think this well-endowed system is not expected to persist at depth and along strike.
The Lewis area has always been regarded as an excellent area to develop shallow free dig supergene ounces (Figure 3), however these latest developments suggest that the supergene resources at Lewis could represent the top of a large mineralised shear system, with potentially significant higher grade mineralisation at depth. The enhanced geological understanding of the Cardinia area gained by Kin’s exploration team from the recent drilling has the company well placed to further test this new target.
The initial intention of the drilling at Lewis was for Resource definition of the supergene Mineral Resource. Over 70% of the drill holes completed did not extend beyond 40m (35m true depth). The discovery of primary mineralisation beneath the supergene zone has opened a new search space for the company in the Cardinia area. Drilling is planned to target both extensions to the known bedrock mineralisation (as in Figures 3 and 4), and test the potential in the south of the Lewis area, that has not been subject to drilling beneath the depth of supergene mineralisation. The Company is also reviewing the potential to target the bedrock mineralisation to the north of the Lewis area, where the supergene mineralisation continues for another 1.5 km towards the Bruno Deposit.
Kin plans to commence follow-up drilling at Lewis shortly.