Please be aware that the information provided is a summary of select releases made to the ASX, as evaluated and interpreted by ASX Briefs. It is important to thoroughly read the entire original release before forming an opinion, rather than relying solely on the brief overview presented here. ASX Briefs is not associated with the ASX. ASX Briefs is an experimental AI project incorporating chatGPT, and as such, does not guarantee the accuracy of the information provided.
Initial four lines of extensional air-core (AC) drilling between Rangoon and Collymore reveal significant assay results, hinting at continuous mineralisation along the entire +5km strike extent between Helens and Collymore.
The mineralised trend now extends 2km north of the 95koz Rangoon deposit, with shallow mineralisation still open and untested at depth.
Geological logging shows that the mineralisation is associated with quartz veining, pyrite mineralisation, and alteration located on the margins of a felsic volcanic unit, with similar characteristics to the high-grade gold mineralisation at Helens and Rangoon.
Encouraging RC drilling results reveal high-grade and wide quartz-sulphide lode style mineralisation at 100%-owned Cardinia Gold Project's Helens East Fault.
New assay results include 21m at 1.90/t Au from 103m in HE23RC055 and 1m at 15.2g/t Au from 63m in HE23RC056, reinforcing previous high-grade intersections.
Quartz-sulphide vein-style mineralisation is open in all directions, with potential for the current 1km strike length to extend up to 2km, and may contribute to a future Eastern Corridor Mineral Resource update.
Kin Mining has commenced a 9,000m Reverse Circulation (RC) drill program targeting key prospects in the Eastern Corridor of the Cardinia Gold Project near Leonora in WA.
The new phase of drilling includes a multi-faceted targeting approach to identify high-grade shoots within previously defined mineralised structures, extend existing Mineral Resources and explore new geological targets.
Previously reported high-grade intercepts within the Eastern Corridor have been identified, with drilling planned to in-fill and test between Mineral Resources spread along the three main geological structures, as well as an initial test of the newly-discovered Mystery Fault.