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Kin Mining boosts Cardinia Gold Project resource to 1.23 million ounces with measured and indicated categories up 15% Further updates to the mineral resource estimate at CGP are expected in the September quarter with the inclusion of additional drilling at Cardinia Hill. Sunrise at the Cardinia Gold Project in WA’s Eastern Goldfields region. Kin Mining NL (ASX:KIN) (FRA:8KM) has updated the mineral resource estimate for the Cardinia Gold Project (CGP) near Leonora, Western Australia, to 30 million tonnes at 1.28 g/t for 1.23 million ounces of contained gold, including updated estimates for Bruno-Lewis and Hobby deposits. Notably, the updated estimate includes a 15% increase in the higher confidence measured and indicated portion of the resource to 17 million tonnes at 1.39 g/t for 762,000 ounces, reflecting a successful infill drilling program conducted in recent months. ....
Kin Mining highlights further high-grade assays from drilling at Cardinia Hill Kin Mining NL s (ASX:KIN) (FRA:8KM) exploration manager Glenn Grayson talks Proactive through further wide, high-grade assays they ve received from ongoing reverse circulation drilling at the Cardinia Hill deposit within the Cardinia gold project near Leonora in Western Australia. Results include 7 metres at 21.3 g/t gold from 91 metres, 3.4 metres at 9.72 g/t from 252.6 metres, 10 metres at 1.48 g/t from 118 metres, 5 metres at 4.99 g/t from 21 metres and 8 metres at 4.02 g/t from 19 metres. Quick facts: Kin Mining NL Follow ....
Kin Mining s high-grade gold intersections expand Cardinia Hill deposit feeding into mineral resource upgrade Resource drilling continues to deliver with fresh assays of up to 7 metres at 21.3 g/t gold in the sulphide zone and 8 metres at 4.0 g/t in the oxide zone, strengthening the high-grade potential at Cardinia Hill. Cardinia Hill prospect, around 2 kilometres from the proposed processing plant site, was discovered in early 2020. Kin Mining NL (ASX:KIN) (FRA:8KM) has received further wide, high-grade assays from ongoing reverse circulation (RC) drilling at the Cardinia Hill deposit within the Cardinia Gold Project (CGP), near Leonora in Western Australia. ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Proactive news headlines including Arrow Minerals, Archer Materials, MGC Pharmaceuticals and . Proactive InvestorsMay 4, 2021 GMT Sydney, May 04, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: Arrow Minerals Ltd (ASX:AMD) has received commitments from qualified sophisticated and professional investors to raise $3 million through the issue of 500 million shares at 6 cents per share. Click here Archer Materials Ltd’s (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) shares are trading about 5% higher intra-day after executing a new quantum computing agreement with International Business Machines Corporation (NYSE:IBM). Click here ....
FTSE 100 consolidates early gains; US indices to open mostly lower Companies Follow John on: FTSE 100 consolidates early gains; US indices to open mostly lower The rising oil price has lifted BP and Royal Dutch Shell and they in turn have lifted the Footsie FTSE 100 rises 58 points US indices to open on the back foot Oil price rise underpins Footsie s rise US indices are expected to open mostly lower except for the narrowly-based Dow Jones 30-share index. The Dow is tipped to edge 19 points higher to 23,132 but the more broadly-based S&P 500 is seen giving up 4 points at 4,189 while the tech-heavy Nasdaq 100 is expected to slide 20 points to 13,759p. ....