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Kin Mining N L attracts new substantial shareholder in gold producer St Barbara Ltd

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 to maintain aggressive exploration program at Cardinia Gold Project during second half

Kin Mining NL (ASX:KIN) (FRA:8KM) will hit the ground running in the second half of 2021 with an aggressive ongoing exploration commitment at the Cardinia Gold Project (CGP) in Western Australia. The company will begin phase-5 drilling after completing more than 32,500 metres during the first half of the year resulting in multiple new discoveries. In a recent investor presentation, the ASX-listed gold explorer highlighted its major leap forward in geological understanding after identifying the position of porphyry intrusions and faults along the Eastern Corridor in a recent gravity survey. As part of the company’s Eastern Corridor exploration program, the area had been covered by detailed magnetics and gravity surveys and underwent deeper reverse circulation (RC) and diamond drilling (DD) programs during the phase-3 exploration program completed in 2020 and early 2021.

Kin Mining NL s shallow high-grade gold results from Eagle-Crow show similarities to other CGP deposits

Kin Mining NL s shallow high-grade gold results from Eagle-Crow show similarities to other CGP deposits
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