Kin Mining Managing Director, Andrew Munckton, said: “We have made an outstanding start to the current diamond drill program, which is designed to test the first generation of deeper targets at Cardinia potentially to uncover new large-scale discoveries within the exciting Eastern Corridor.“The first of three diamond holes, which were collared to test a series of Induced Polarisation (IP) anomalies, have intersected significant zones of mineralisation in the targeted position. Hole IP001 also intersected visible free gold in a new mineralised position, which is highly encouraging and rare in the Cardinia area. While it’s still early days, the results are very encouraging and show that IP works very well at mapping buried sulphide zones in the Eastern Corridor. The upside potential for the project is substantial!” QUOTE Positive news looking forward to ongoing announcements IMO
KIN Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
