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RIU Sydney Resources Roundup, page-15

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    Going through some old e-mail drafts and found this....don't know whether I ended up posting it at the time or not. It's taken from a report last year (I think) regarding the KIN tenements at Mt Flora.
    Anyway, it gives a pointer to the sort of stuff that's out there in KIN's other projects. All focus on the LGP now but there's plenty more to the picture -

    Kin Mining NL has received encouraging assay results from a recently completed auger soil geochemical programme over the entire Mt Flora tenement package. Five separate gold-in-soil anomalies (+5 ppb Au) have been identified (Figure 9). The most coherent and largest of the soil anomalies extends over 3.5 km in a north-westerly direction. The centre portion of the main anomaly exhibits a significant higher grade core (+20ppb Au) with a maximum peak soil assay of 2,635ppb gold. The soil anomaly coincides with three groups of old workings and cross cuts Mt Flora Syncline fold axis. This large soil anomaly also encompasses a drill target where limited historical RAB drilling (20 hole programme to 30m depth) intersected a broad zone of shallow gold mineralisation returning 22m @ 0.53 g/t Au from 8-30m. The RAB drill intersection was never followed up and presents as a walk up drill target. The greenstones at Mt Flora comprises a succession of tholeiitic mafic volcanics, high magnesian basalt, chert, ultramafic rocks and a variety of mafic intrusives including **broic and dioritic rocks. The area is viewed as prospective for gold mineralisation. Aeromagnetic data covering the main anomalous zone displays several circular magnetic highs interpreted to possibly represent discrete buried syenite intrusions. Many of the region’s largest gold mines, including the Wallaby deposit (7Moz) and Jupiter/Heffernans Find (+1Moz) are associated with similar “bullseye” magnetic anomalies associated with small syenite or alkali-granite intrusives. The main anomalous soil zone also encompasses a significant high-grade rock chip result, 115.98g/t Au and 0.684% Pb (repeat 1.26% Pb) which was returned from a channel sample across a galena rich quartz vein in an old historic working on P39/5463. The working is located 300m north along strike from the high grade (>1oz/t Au) historic Spion Kop workings. Correlation of the recent geochemical results indicates that auger soil sampling is an effective method to delineate prospective gold target areas within the Mt Flora Project. Kin plans to follow up significant results with an infill, closer spaced multi-element geochemical soil programme around the identified gold-in-soils anomalies, to further refine targets for a maiden drilling programme.

    Kin’s Technical Director, Fritz Fitton said “The recent soil geochemical results from Mt Flora are highly encouraging and coincide with previous anomalous rock chip assays and numerous historical workings that have never been drilled. The presence of several NW trending discrete aeromagnetic anomalies over the largest (3.5km x 1km) gold anomaly is considered favourable for the discovery of Wallaby/Jupiter style gold mineralisation at Mt Flora”.
    Last edited by Crom Valen: 09/05/17
 
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