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Kin Mining NL diamond drilling confirms gold discovery at Mount Flora
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Kin Mining attracts new substantial shareholder in gold producer St Barbara
The Asia Pacific multi-asset gold producer has secured 158,125,983 shares for a 19.785% stake in KIN after outlaying more than $25.3 million at 16 cents per share. KIN is making strong progress in growing resources at the Cardinia Gold Project.
Kin Mining NL (ASX:KIN) has received strong validation of its exploration strategy and growing inventory with prominent Asia Pacific gold producer St Barbara Ltd (ASX:SBM) (OTCMKTS:STBMY) becoming an initial substantial holder.
This status was attained on July 14 with St Barbara now holding 158,125,983 shares for a 19.785% stake after outlaying more than $25.3 million at 16 cents per share.
Kin Mining NL reflects on busy June quarter ahead of further gold resource upgrades, regional exploration at Cardinia
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