Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PATRONUS RESOURCES LIMITED Capital/Financing Update 2017

Jul 11, 2017

65620_rns_2017-07-11_3073b64e-e931-49ab-aa49-7f18c8cb40fb.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

12th July 2017

Board of Directors

Trevor Dixon Chairman

Don Harper Managing Director

David Sproule Technical Director

Joe Graziano

Non-Executive Director & Company Secretary

Contact Details

Post

PO Box 565 Mount Hawthorn Western Australia 6915

Office

342 Scarborough Beach Road Osborne Park Western Australia 6017

Phone 08 9242 2227

Fax 08 9242 1277

Email [email protected]

Website www.kinmining.com.au

Shares on Issue: 161,696,184

Unlisted Options: 28,865,750

ASX: KIN

Primary High-Grade Gold Confirmed at Lewis

Highest grade of 82.3 g/t Au returned

HIGHLIGHTS

  • Extensive zone of primary high-grade gold mineralisation confirmed along a newly defined major shear zone at Bruno-Lewis
  • High-grade intercepts from follow-up drilling since the Lewis discovery was announced on 19 April 2017 include:
    • o 15m @ 6.3g/t Au from 45m including 1m @ 82.3g/t Au LN17RC085
    • o 19m @ 6.2g/t Au from 13m including 4m @ 21.6g/t Au LN17RC016
    • o 2m @ 24.8g/t Au from 49m LS17RC129
    • o 8m @ 8.0 g/t Au from 93m including 1m @ 54.6 g/t Au LN17RC055
    • o 25m @ 2.7g/t Au from 29m including 4m @ 11.3 g/t Au WE17RC006
    • o 12m @ 4.2 g/t Au from 10m including 4m @ 10.0 g/t Au LN17RC047
  • Drilling has now defined high-grade gold mineralisation extending over 1km of strike and remains open
  • Results are expected to have a substantially positive impact on the updated Mineral Resource at Lewis
  • Significant potential to extend newly identified mineralisation as the primary gold lies beneath a 3km-long supergene deposit

Kin Mining NL (ASX: KIN) is pleased to announce that follow-up drilling has confirmed and extended an extensive zone of primary high-grade gold mineralization at the Lewis deposit, within the Cardinia Mining Centre at the Company's 100%-owned Leonora Gold Project in Western Australia.

The latest drilling demonstrates that primary high-grade mineralisation persists along a major shear zone at Lewis-Bruno, and correlates with previously announced outstanding results (see ASX announcement dated 19th April 2017).

Figure 1: Plan of the Drill-Hole Maximum Gold at Cardinia

The recent drill results were part of an extensive resource drilling campaign that was extended to follow-up the new primary gold mineralisation discovered at Lewis in April 2017.

Figure 2: Plan Showing Drill-Hole Coverage at Lewis with Interpreted

The Company is highly encouraged by the new results, with drilling having now defined high-grade mineralisation that can be traced for 1km, with two primary high grade gold zones separated by a north-east trending fault zone (Figure 2). The lithological contact hosts a shear zone that is consistently mineralised with high grade zones throughout.

The southernmost primary zone contains extremely high-grade gold with previously announced intersections of:

  • 16m @ 37.6 g/t Au from 47m (LS17RC067)
  • 13m @ 14.3 g/t Au from 49m (LS17RC064)

The recent drilling has now defined a coherent 300m long zone of high grade primary mineralisation with follow-up intersections of:

  • 2m @ 24.8g/t Au from 49m (LS17RC129)
  • 2m @ 7.1g/t Au from 117m including 1m @ 13.7 g/t Au (LS17RC122)
  • 10m @ 2.2 g/t Au from 59m including 1m @ 14.7 g/t Au (LS17RC117)
  • 17m @ 1.5 g/t Au from 51m including 1m @ 10.5 g/t Au (LS17RC114)
  • 4m @ 7.8 g/t Au from 48m including 1m @ 29.3 g/t Au (LS17RC092)

The recent drilling has confirmed the high-grade nature of the Lewis primary gold zone. The highgrade shoots are interpreted to have a shallow plunge towards the north (Figure 3). Further drilling is required as the shoots remain open down-plunge.

Drill spacing is now at a density acceptable for resource definition, and resource modeling is in progress. Previous resource models in the Lewis area were confined to the shallow supergene gold mineralisation, however, the new models will incorporate the newly discovered primary mineralisation.

The inclusion of the upper portion of these newly discovered primary high-grade gold shoots is expected to have a positive impact on an updated Mineral Resource at Lewis.

The area to the north of the fault zone also contains high-grade gold mineralisation with previously announced intersections of:

  • 17m @ 6.0 g/t Au from 20m including 2m @ 44.7 g/t Au (LS17RC074)
  • 15m @ 3.4 g/t Au from 58m including 2m @ 21.3 g/t Au (LS17RC076)

The recent drilling in the northern area supports the previous results and a zone of exceptionally high-grade mineralisation has been defined with follow-up intersections of:

  • 15m @ 6.3 g/t Au from 45m including 1m @ 82.3g/t Au LN17RC085
  • 25m @ 2.7 g/t Au from 29m including 4m @ 11.3 g/t Au WE17RC006
  • 19m @ 6.2 g/t Au from 13m including 4m @ 21.6g/t Au LN17RC016
  • 12m @ 4.2 g/t Au from 10m including 4m @ 10.0 g/t Au LN17RC047

Follow-up drilling planned for this quarter will be aimed at expanding both the supergene resource and the newly-defined primary gold mineralization at Lewis.

Kin Managing Director Don Harper said:

"Lewis has rapidly emerged as one of our key deposits at Leonora. The latest drilling has confirmed that high-grade mineralisation extends for at least 1km, comprising multiple primary high-grade shoots which remain open down-plunge. We are clearly dealing with a large gold system that until recently had limited exploration below a depth of only 50m.

"The recent drilling has enabled us to include some of the newly discovered high grade primary mineralization in the LGP Definitive Feasibility Study. We expect the recent drilling to have a very positive impact on the mineral resource ounces at Lewis. Drilling will resume this quarter, selectively targeting the deeper open down plunge high-grade primary mineralisation."

The Company plans to announce further drilling results from Cardinia shortly, followed by updates on the Definitive Feasibility Study and mineral resources.

Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
LN17RC001 35 363207 6813565 -60/090 1 7 6 4.6
Incl. 4 6 2 10.0
11 12 1 6.6
15 16 1 3.8
24 25 1 0.75
32 33 1 3.1
LN17RC002 66 363192 6813565 -60/090 2 12 10 0.7
Incl. 2 3 1 3.8
17 18 1 1.6
22 25 3 0.9
28 30 2 3.4
53 54 1 1.2
LN17RC003 65 363178 6813564 -60/090 18 22 4 1.3
29 44 15 0.8
Incl. 29 34 5 1.2
LN17RC004 85 363163 6813562 -60/090 5 12 7 1.1
Incl. 10 12 2 2.5
22 26 4 1.1
39 42 3 1.6
Incl. 39 40 1 4.1
54 57 3 0.9
LN17RC005 85 363143 6813560 -60/090 14 26 12 1.2
Incl. 20 23 3 1.9
31 46 15 0.9
Incl. 41 43 2 2.0
50 54 4 0.6
Incl. 50 51 1 1.9
61 62 1 0.7
67 68 1 0.7
LN17RC006 90 363126 6813559 -60/090 2 3 1 1.3
9 17 8 0.7
Incl. 12 14 2 1.4
28 29 1 2.2
40 41 1 1.8
45 51 6 2.5
Incl. 49 51 2 6.1
73 75 2 1.1
78 79 1 0.9
83 85 2 0.9
LN17RC007 79 -60/090 3 9 6 1.1
363109 6813556
12 20 8 1.3
Incl. 12 14 2 2.3
35 40 5 1.7
Incl. 38 40 2 2.9
44 45 1 1.4
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
48 51 3 2.7
54 71 17 1.2
Incl. 56 64 8 1.6
74 75 1 1.0
LN17RC008 85 363094 6813554 -60/090 4 9 5 1.6
18 19 1 2.4
24 30 6 0.5
40 61 21 1.2
64 68 4 1.3
71 80 9 1.6
Incl. 73 78 5 2.1
LN17RC009 35 363214 6813523 -60/090 4 11 7 2.8
Incl. 5 7 2 5.7
14 21 7 5.2
Incl. 16 17 1 16.5
and 19 21 2 7.0
27 29 2 1.0
33 34 1 0.7
LN17RC010 50 363201 6813522 -60/090 4 5 1 1.4
30 36 6 1.5
Incl. 32 34 2 2.9
LN17RC011 70 363184 6813524 -60/090 2 24 22 0.7
Incl. 17 22 5 1.6
27 29 2 2.3
35 38 3 4.8
Incl. 35 36 1 12.2
41 45 4 1.1
LN17RC012 85 363168 6813527 -60/090 2 3 1 0.6
5 6 1 0.8
14 29 15 1.0
32 37 5 3.7
Incl. 32 35 3 5.3
40 45 5 2.1
Incl. 40 41 1 6.1
49 50 1 0.8
64 65 1 0.6
71 72 1 0.8
LN17RC013 75 363150 6813528 -60/090 2 3 1 3.0
6 16 10 1.3
Incl. 14 16 2 3.2
28 29 1 1.1
44 45 1 0.6
51 54 3 0.5
55 56 1 0.6
LN17RC014 60 363134 6813528 -60/090 1 4 3 1.6
15 18 3 4.0
Incl. 15 16 1 11.1
21 24 3 2.5
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
Incl. 22 23 1 5.5
50 54 4 0.6
58 E.O.H. 2 1.2
LN17RC015 79 363119 6813528 -60/090 0 23 23 1.0
Incl. 3 5 2 2.6
and 8 11 3 2.2
31 32 1 1.5
36 44 8 1.8
Incl. 42 44 2 3.6
52 53 1 1.3
60 61 1 2.8
65 76 11 0.8
LN17RC016 60 363105 6813528 -60/090 1 3 2 1.9
13 32 19 6.2
Incl. 23 27 4 21.6
35 36 1 0.9
44 47 3 0.8
51 E.O.H. 9 0.7
LN17RC017 60 363114 6813491 -60/090 3 5 2 1.1
10 13 3 0.6
20 23 3 0.6
26 28 2 0.6
31 40 9 0.6
53 58 5 0.7
LN17RC018 35 363228 6813491 -60/090 16 18 2 2.7
LN17RC019 50 363213 6813492 -60/090 3 4 1 0.9
17 18 1 5.4
27 37 10 0.7
LN17RC020 73 363198 6813491 -60/090 8 9 1 0.8
13 17 4 0.9
23 24 1 1.1
28 29 1 0.5
30 32 2 1.1
36 39 3 6.4
Incl. 36 38 2 9.3
43 51 8 0.6
62 65 3 0.8
LN17RC021 80 363181 6813491 -60/090 0 4 4 3.5
Incl. 0 1 1 10.9
7 9 2 0.7
13 18 5 0.6
43 50 7 0.6
53 54 1 0.7
LN17RC022 70 363162 6813491 -60/090 1 5 4 1.3
12 13 1 1.0
27 28 1 1.0
32 33 1 0.6
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m)59 (m)60 (m)1 (g/t Au)0.8
LN17RC023 130 363146 6813491 -60/090 2 4 2 0.8
716 1120 44 0.91.7
Incl. 19 20 1 5.3
28 40 12 0.9
57 58 1 0.6
72 73 1 0.8
80 81 1 0.5
94 97 3 1.3
101 103 2 7.1
Incl. 101 102 1 13.4
114 115 1 0.7
LN17RC024 91 363128 6813492 -60/090 10 11 1 1.0
20 27 7 0.8
31 40 9 0.8
48 49 1 0.8
56 57 1 0.6
60 61 1 0.6
80 85 5 1.0
88 89 1 0.9
LN17RC025 35 363219 6813465 -60/090 3 4 1 0.6
13 14 1 0.7
LN17RC026 55 363207 6813465 -60/090 1 3 2 1.8
14 15 1 0.9
21 22 1 0.5
43 50 7 1.2
Incl. 43 45 2 2.7
54 E.O.H. 1 0.6
LN17RC027 75 363191 6813467 -60/090 0 13 13 1.0
Incl. 9 12 3 1.6
22 29 7 3.5
Incl. 23 24 1 5.2
and 27 28 1 9.8
47 53 6 1.0
56 57 1 0.7
LN17RC028 80 363174 6813468 -60/090 15 32 17 0.7
Incl. 23 26 3 1.5
46 49 3 0.5
62 71 9 0.6
LN17RC029 60 363153 6813469 -60/090 5 7 2 4.8
Incl. 5 6 1 8.5
10 13 3 2.9
Incl. 10 11 1 6.8
25 26 1 2.8
34 49 15 1.0
Incl. 41 44 3 2.1
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
59 E.O.H. 1 0.8
LN17RC030 35 363224 6813411 -60/090 7 8 1 0.6
13 26 13 1.2
Incl. 13 16 3 2.5
29 30 1 0.6
34 E.O.H. 1 1.8
LN17RC031 50 363210 6813413 -60/090 2 9 7 0.7
13 15 2 1.4
20 28 8 1.5
41 E.O.H. 9 1.0
Incl. 49 E.O.H. 1 2.4
LN17RC032 79 363193 6813414 -60/090 3 4 1 1.2
22 31 9 1.4
Incl. 29 31 2 3.4
45 52 7 1.0
Incl. 49 51 2 1.9
62 63 1 0.5
LN17RC033 85 363175 6813415 -60/090 1 6 5 0.6
16 19 3 0.6
22 36 14 1.1
Incl. 23 28 5 1.7
42 45 3 0.7
53 55 2 0.8
68 73 5 0.5
74 75 1 0.6
77 78 1 0.5
82 83 1 1.2
LN17RC034 36 363200 6813617 -60/090 13 17 4 0.9
LN17RC035 50 363184 6813617 -60/090 3 17 14 2.2
Incl. 4 10 6 3.2
24 25 1 0.9
28 29 1 1.1
LN17RC036 65 363168 6813618 -60/090 11 19 8 1.3
Incl. 15 16 1 4.1
37 48 11 2.0
Incl. 40 46 6 3.0
LN17RC037 79 363152 6813618 -60/090 5 20 15 0.9
Incl. 5 7 2 1.9
and 14 16 2 1.9
59 60 1 1.0
LN17RC038 75 363133 6813618 -60/090 5 8 3 1.2
17 18 1 2.7
21 22 1 0.7
26 28 2 4.4
44 49 5 2.8
Incl. 47 48 1 8.8
72 73 1 0.8
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
LN17RC039 75 363116 6813618 -60/090 0 1 1 3.0
6 7 1 0.7
14 18 4 0.5
24 27 3 0.5
30 36 6 4.6
Incl. 33 34 1 11.5
48 50 2 0.7
57 60 3 0.5
66 67 1 5.4
LN17RC040 133 363102 6813617 -60/090 1 9 8 1.7
Incl. 2 5 3 3.4
18 19 1 1.6
29 30 1 0.8
41 42 1 1.5
53 54 1 1.7
92 93 1 1.1
103 105 2 0.5
LN17RC041 79 363084 6813618 -60/090 15 16 1 1.2
19 20 1 1.2
42 43 1 6.2
57 58 1 0.6
64 69 5 0.5
73 74 1 0.5
LN17RC042 79 363067 6813618 -60/090 29 31 2 0.6
LN17RC043 85 363051 6813617 -60/090 24 25 1 0.6
54 55 1 0.9
68 70 2 0.6
LN17RC044 115 363031 6813618 -60/090 5 6 1 0.7
37 38 1 2.0
41 42 1 0.5
50 52 2 0.6
77 78 1 1.0
LN17RC045 35 363190 6813667 -60/090 12 13 1 1.2
17 20 3 2.7
Incl. 19 20 1 5.4
LN17RC046 50 363174 6813668 -60/090 11 17 6 0.5
20 24 4 4.6
Incl. 21 22 1 16.2
LN17RC047 65 363158 6813668 -60/090 10 22 12 4.2
Incl. 10 14 4 10.0
25 26 1 2.7
30 32 2 2.3
35 40 5 2.2
Incl. 38 40 2 4.9
LN17RC048 85 -60/090 8 10 2 4.2
363141 6813668 21 22 1 22.8
38 40 2 2.3
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
45 54 9 1.9
Incl. 45 46 1 5.7
LN17RC049 71 363124 6813668 -60/090 9 10 1 0.6
30 32 2 2.7
41 42 1 2.3
45 50 5 1.1
LN17RC050 67 363108 6813668 -60/090 5 11 6 2.5
Incl. 6 7 1 8.4
16 18 2 0.9
23 24 1 0.6
30 31 1 1.5
41 42 1 2.8
51 56 5 0.8
LN17RC051 70 363094 6813668 -60/090 4 10 6 1.5
Incl. 4 6 2 2.8
14 15 1 0.7
56 57 1 1.6
60 61 1 3.0
LN17RC052 85 363077 6813668 -60/090 7 8 1 0.8
32 33 1 0.5
38 39 1 0.7
46 50 4 1.9
Incl. 47 48 1 5.2
54 60 6 1.0
LN17RC053 73 363060 6813669 -60/090 4 7 3 1.2
29 39 10 1.2
Incl. 30 31 1 3.5
42 49 7 0.8
58 59 1 0.5
LN17RC054 79 363043 6813669 -60/090 8 9 1 1.2
19 20 1 0.6
32 33 1 0.7
36 44 8 1.6
Incl. 41 42 1 6.4
52 53 1 0.8
LN17RC055 109 363022 6813669 -60/090 37 42 5 2.2
Incl. 38 40 2 3.6
61 66 5 1.5
76 77 1 0.7
93 101 8 8.0
Incl. 93 94 1 54.6
104 108 4 0.6
LN17RC056 115 363177 6813715 -60/090 25 32 7 0.7
40 41 1 7.7
44 48 4 0.6
63 64 1 0.6
86 88 2 1.1
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
LN17RC057 100 363162 6813715 -60/090 23 30 7 0.7
39 40 1 1.0
56 57 1 0.6
65 66 1 0.9
LN17RC058 85 363146 6813715 -60/090 6 9 3 1.6
13 14 1 1.5
17 22 5 4.8
Incl. 17 18 1 18.3
25 28 3 1.2
70 71 1 0.8
LN17RC059 95 363129 6813715 -60/090 8 11 3 1.8
19 21 2 3.1
66 67 1 0.5
71 72 1 1.1
LN17RC060 60 363112 6813715 -60/090 5 10 5 0.9
LN17RC061 65 363095 6813715 -60/090 4 7 3 1.1
11 13 2 0.8
52 53 1 0.7
LN17RC062 70 363080 6813715 -60/090 2 5 3 2.3
8 11 3 0.8
25 29 4 0.8
33 34 1 1.2
45 47 2 2.8
LN17RC063 78 363064 6813715 -60/090 5 6 1 1.2
28 29 1 0.6
35 37 2 2.7
54 60 6 2.2
Incl. 56 57 1 8.6
LN17RC064 61 363047 6813715 -60/090 26 29 3 3.6
Incl. 27 28 1 7.8
LN17RC065 65 363030 6813715 -60/090 25 32 7 1.0
35 36 1 0.8
38 39 1 1.0
LN17RC066 60 363011 6813715 -60/090 15 17 2 0.9
27 28 1 1.5
36 38 2 0.8
41 42 1 0.8
LN17RC067 120 -60/090 40 44 4 0.8
363015 6813620 79 80 1 0.5
84 85 1 0.7
89 90 1 1.6
LN17RC068 125 363193 6813715 -60/090 10 11 1 4.1
33 35 2 0.5
45 46 1 3.5
53 54 1 0.8
57 60 3 0.9
63 73 10 0.7
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
83 88 5 1.9
Incl. 84 85 1 6.4
92 106 14 0.9
Incl. 94 98 4 2.0
120 121 1 0.6
124 E.O.H. 1 0.7
LN17RC069 85 363341 6813585 -60/270 17 23 6 0.9
32 33 1 0.5
36 37 1 0.6
47 48 1 0.5
LN17RC070 84 363358 6813585 -60/270 28 39 11 1.0
43 48 5 1.4
LN17RC071 95 363329 6813600 -60/270 19 25 6 1.3
35 36 1 0.8
40 44 4 1.4
49 50 1 0.6
57 58 1 0.6
77 78 1 0.8
86 87 1 0.7
LN17RC072 90 363346 6813600 -60/270 21 23 2 1.4
26 35 9 0.9
45 46 1 0.5
60 61 1 0.9
80 81 1 0.5
LN17RC073 85 363317 6813620 -60/270 17 19 2 2.4
23 25 2 3.7
28 29 1 0.6
40 43 3 1.1
50 52 2 1.0
56 58 2 0.7
81 82 1 0.8
LN17RC074 90 363336 6813620 -60/270 14 16 2 3.1
28 29 1 0.7
LN17RC075 75 363306 6813635 -60/270 45 46 1 0.6
LN17RC076 80 363325 6813635 -60/270 16 20 4 0.6
33 34 1 1.0
54 55 1 0.6
63 64 1 0.8
75 76 1 1.2
LN17RC077 90 363276 6813730 -60/270 17 22 5 2.1
Incl. 18 19 1 5.9
38 66 28 1.5
Incl. 62 64 2 5.2
70 89 19 0.9
LN17RC078 95 363251 6813745 -60/270 2 3 1 0.9
11 14 3 2.0
Incl. 13 14 1 4.4
Hole ID(m)(MGA)(MGA)Azimuth(m)(m)(m)6263177781819211Incl.84884LN17RC07985-60/27091673632756813745Incl.1213132331445175657167714Incl.697017477383841 (g/t Au)0.91.11.8
3.1
2.9
8.6
0.7
1.2
2.1
1.4
3.0
0.8
0.5
LN17RC08085-60/27091013632306813760 0.6
21221 3.6
35361 1.0
39456 2.4
Incl.44451 6.9
53574 0.9
62642 4.6
78802 1.1
LN17RC08185-60/2700113632526813760 0.9
495 1.4
25261 3.0
34374 1.5
49512 2.1
57603 0.8
658419 1.7
Incl.66726 3.4
LN17RC08290-60/0900223631946813375 3.6
173013 1.1
364711 1.0
50544 1.1
60611 0.6
70755 0.5
79812 2.7
LN17RC08390-60/090495013631746813375 10.3
53541 4.2
66682 1.2
74751 0.9
LN17RC08495-60/0903523632276813375 1.4
8157 1.6
Incl.13152 4.6
18191 0.6
27358 1.8
44451 0.5
52531 0.5
687911 1.2
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
82 84 2 4.7
LN17RC085 115 363207 6813375 -60/090 9 28 19 1.4
Incl. 19 24 5 3.6
32 34 2 1.2
38 39 1 0.9
45 60 15 6.3
Incl. 51 52 1 82.3
LS17RC080 85 363350 6813088 -60/090 5 15 10 1.1
19 20 1 1.1
28 32 4 0.6
36 37 1 0.6
40 41 1 0.6
LS17RC081 80 363327 6813089 -60/090 3 4 1 0.8
7 11 4 0.5
14 15 1 4.0
20 21 1 0.5
22 23 1 0.6
34 35 1 0.5
73 76 3 1.0
LS17RC082 114 363307 6813089 -60/090 1 8 7 1.2
38 42 4 1.0
49 50 1 3.0
56 64 8 1.2
Incl. 63 64 1 5.6
69 72 3 1.2
99 100 1 0.6
LS17RC083 127 363290 6813090 -60/090 7 9 2 0.8
34 35 1 0.8
41 42 1 0.7
45 46 1 0.9
57 59 2 0.9
65 66 1 0.5
75 76 1 0.6
98 99 1 0.5
113 114 1 0.6
121 123 2 0.6
LS17RC084 114 363309 6813110 -60/090 7 23 16 0.9
26 38 12 0.9
Incl. 35 36 1 3.6
51 52 1 4.7
65 66 1 0.6
LS17RC085 114 363292 6813110 -60/090 6 8 2 0.6
74 75 1 1.1
86 87 1 0.6
98 99 1 0.6
LS17RC086 84 363317 6813129 -60/090 11 16 5 3.1
Incl. 12 15 3 4.3
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
44 45 1 0.5
55 56 1 4.1
74 75 1 0.6
78 79 1 1.1
82 83 1 0.6
LS17RC087 84 363337 6813128 -60/090 4 5 1 0.6
8 13 5 1.1
22 24 2 0.9
LS17RC088 90 363339 6813159 -60/090 12 13 1 0.7
17 25 8 0.5
82 83 1 0.9
LS17RC089 81 363319 6813160 -60/090 9 15 6 0.8
18 19 1 0.9
23 30 7 0.8
41 42 1 1.2
51 52 1 0.8
71 72 1 0.8
75 76 1 0.7
LS17RC090 114 363296 6813130 -60/090 5 6 1 0.6
25 26 1 1.3
36 41 5 2.4
Incl. 36 37 1 6.1
45 46 1 0.9
52 53 1 0.6
62 69 7 2.0
Incl. 67 69 2 4.6
LS17RC091 102 363276 6813131 -60/090 25 26 1 0.5
28 29 1 0.5
33 34 1 0.6
37 38 1 0.6
50 52 2 0.7
64 69 5 1.2
Incl. 68 69 1 4.7
75 78 3 4.0
Incl. 76 77 1 8.8
83 85 2 0.6
87 88 1 0.7
LS17RC092 114 363300 6813160 -60/090 15 16 1 0.6
48 52 4 7.8
Incl. 48 49 1 29.3
58 61 3 0.6
LS17RC093 42 363281 6813160 -60/090 9 10 1 0.7
LS17RC094 114 363288 6813160 -60/090 5 6 1 0.7
11 12 1 0.5
15 16 1 0.6
24 25 1 0.6
40 47 7 1.6
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
Incl. 40 42 2 3.5
72 73 1 0.6
76 77 1 0.5
LS17RC095 84 363310 6813277 -60/090 9 21 12 0.8
25 30 5 1.3
59 60 1 0.7
73 74 1 0.7
LS17RC096 84 363292 6813277 -60/090 8 21 13 1.1
29 30 1 6.8
35 36 1 0.6
LS17RC097 114 363269 6813278 -60/090 9 10 1 1.7
27 28 1 0.8
37 38 1 0.7
46 48 2 1.3
53 54 1 0.6
58 59 1 0.6
66 67 1 0.6
74 76 2 1.6
LS17RC098 140 363251 6813278 -60/090 12 15 3 1.2
40 43 3 0.7
78 79 1 0.7
97 99 2 0.6
108 109 1 0.8
130 131 1 0.5
135 136 1 3.2
LS17RC099 180 363231 6813276 -60/090 53 56 3 1.0
LS17RC100 105 363329 6813199 -60/090 3 18 15 1.0
Incl. 11 12 1 3.5
21 22 1 0.5
79 88 9 1.0
Incl. 83 86 3 2.0
LS17RC101 110 363310 6813199 -60/090 2 3 1 0.6
6 7 1 2.9
15 16 1 1.5
21 22 1 2.1
29 30 1 1.9
LS17RC102 140 363292 6813201 -60/090 15 16 1 0.5
18 20 2 0.5
23 27 4 1.5
Incl. 26 27 1 4.3
33 34 1 1.4
39 40 1 0.6
43 48 5 0.8
54 55 1 0.5
LS17RC103 165 363271 6813201 -60/090 5 6 1 2.9
15 22 7 1.2
Incl. 18 19 1 5.6
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
26 27 1 0.6
31 38 7 1.0
41 42 1 0.6
54 55 1 2.0
70 71 1 0.5
112 113 1 0.8
LS17RC104 186 363251 6813202 -60/090 1171 1273 12 0.81.9
Incl. 71 72 1 3.2
80 86 6 0.9
Incl. 83 84 1 3.1
118 119 1 1.6
125 130 5 0.7
162 163 1 0.5
182 183 1 0.5
LS17RC105 105 363331 6813238 -60/090 1 14 13 1.3
Incl. 4 6 2 5.1
21 22 1 9.1
73 74 1 4.8
94 95 1 1.0
LS17RC106 115 363309 6813238 -60/090 9 15 6 1.1
20 28 8 2.5
Incl. 23 24 1 14.5
32 34 2 1.2
47 48 1 0.7
52 61 9 0.6
82 84 2 10.0
LS17RC107 132 363291 6813239 -60/090 4 6 2 0.7
10 11 1 0.6
14 15 1 0.6
19 22 3 0.7
27 29 2 0.7
36 41 5 1.0
45 46 1 0.6
52 53 1 0.6
59 63 4 0.5
73 74 1 1.0
76 79 3 0.6
98 99 1 0.5
LS17RC108 156 363270 6813239 -60/090 8 18 10 0.9
21 22 1 0.8
28 29 1 0.8
36 37 1 0.8
40 41 1 0.8
57 58 1 1.5
LS17RC109 180 363251 6813239 -60/090 2 9 7 1.3
18 24 6 0.8
41 51 10 0.5
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
54 55 1 1.2
143 145 2 0.8
LS17RC110 170 363300 6813070 -60/090 9 11 2 0.6
19 21 2 0.6
24 31 7 0.6
35 37 2 2.4
Incl. 35 36 1 3.8
46 47 1 0.6
63 64 1 0.6
68 69 1 0.6
74 75 1 0.5
109 113 1 0.8
LS17RC111 40 363369 6813054 -60/090 2 3 1 0.7
13 14 1 0.9
21 23 2 0.7
LS17RC112 60 363353 6813054 -60/090 2 13 11 2.0
15 18 3 0.6
21 24 3 1.1
31 32 1 0.6
42 43 1 0.9
LS17RC113 70 363341 6813054 -60/090 0 1 1 0.6
3 7 4 0.5
17 18 1 2.5
22 24 2 1.8
28 29 1 0.5
35 41 6 0.6
LS17RC114 116 363325 6813055 -60/090 2 3 1 0.7
8 9 1 0.5
27 28 1 0.7
29 30 1 0.5
35 36 1 0.7
39 40 1 0.5
42 43 1 0.5
46 47 1 1.4
51 68 17 1.5
Incl. 55 56 1 10.5
95 96 1 0.6
LS17RC115 50 363283 6813070 -60/090 1 15 14 0.6
23 24 1 0.6
36 39 3 0.6
LS17RC116 40 363375 6813039 -60/090 0 4 4 0.5
10 11 1 0.8
14 15 1 0.7
21 22 1 0.6
30 31 1 0.5
LS17RC117 121 363324 6813040 -60/090 0 1 1 0.8
22 26 4 3.3
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
Incl. 24 25 1 11.7
39 40 1 1.3
45 46 1 0.6
59 69 10 2.2
Incl. 62 63 1 14.7
100 101 1 0.6
LS17RC118 40 363386 6813030 -60/090 N.S.R.
LS17RC119 50 363366 6813025 -60/090 1 2 1 1.4
6 16 10 0.7
20 22 2 0.8
31 32 1 0.8
LS17RC120 91 363352 6813025 -60/090 13 20 7 0.5
25 33 8 2.1
Incl. 29 30 1 6.4
39 47 8 1.3
Incl. 43 44 1 6.8
50 55 5 0.6
82 83 1 0.5
LS17RC121 120 363338 6813024 -60/090 0 9 9 0.6
18 27 9 0.7
31 32 1 0.6
35 36 1 0.7
47 51 4 1.3
65 66 1 0.9
LS17RC122 160 363324 6813010 -60/090 17 18 1 0.6
22 24 2 2.7
Incl. 23 24 1 4.5
33 34 1 0.6
40 41 1 0.8
44 45 1 0.8
48 61 13 0.8
66 85 19 1.0
Incl. 78 79 1 3.0
90 91 1 0.7
105 106 1 0.8
117 119 2 7.1
Incl. 117 118 1 13.7
LS17RC123 55 363384 6813010 -60/090 8 10 2 1.5
13 15 2 0.5
18 19 1 1.3
22 24 2 0.6
LS17RC124 60 363370 6812988 -60/090 5 20 15 0.6
24 27 3 2.5
31 32 1 1.3
39 49 10 0.6
LS17RC125 120 363353 6812987 -60/090 0 1 1 1.0
6 7 1 0.5
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
15 23 8 0.6
34 35 1 1.4
41 48 7 0.6
55 63 8 0.7
112 114 2 1.2
LS17RC126 40 363417 6812938 -60/090 3 7 4 0.6
12 13 1 0.6
17 26 9 4.4
Incl. 17 19 2 17.0
LS17RC127 40 363430 6812912 -60/090 2 3 1 0.8
6 7 1 1.1
13 18 5 0.7
LS17RC128 109 363378 6812907 -60/090 4 18 14 0.8
21 30 9 1.3
Incl. 21 25 4 2.0
43 56 13 1.1
61 62 1 0.9
88 89 1 1.0
LS17RC129 100 363394 6812880 -60/090 0 9 9 0.9
14 15 1 0.5
18 23 5 0.5
35 45 10 0.6
49 52 3 16.8
Incl. 49 51 2 24.8
55 56 1 1.2
LS17RC130 66 363449 6812844 -60/090 0 3 3 0.5
6 9 3 1.7
Incl. 7 8 1 3.0
12 15 3 1.3
LS17RC131 90 363396 6812844 -60/090 25 26 1 0.6
29 30 1 1.2
LS17RC132 50 363449 6812827 -60/090 2 3 1 2.0
7 14 7 0.7
LS17RC133 70 363434 6812826 -60/090 7 9 2 0.8
12 25 13 0.7
32 34 2 1.7
37 38 1 1.3
46 49 3 0.5
LS17RC134 100 363418 6812825 -60/090 5 6 1 0.7
10 15 5 0.8
23 24 1 0.5
29 30 1 0.6
37 39 2 1.0
LS17RC135 80 363404 6812823 -60/090 3 6 3 0.5
16 17 1 0.6
27 28 1 0.6
31 32 1 0.8
Hole ID Depth Easting Northing Dip & From To Width Grade
(m) (MGA) (MGA) Azimuth (m) (m) (m) (g/t Au)
34 35 1 0.6
48 49 1 0.6
55 57 2 0.6
68 69 1 2.0
LS17RC136 40 363476 6812785 -60/090 8 9 1 0.6
36 E.O.H. 4 1.0
LS17RC137 90 363449 6812758 -60/090 22 24 2 0.8
29 30 1 0.5
43 46 3 0.5
LS17RC138 95 363458 6812718 -60/090 5 6 1 0.7
8 11 3 0.6
14 16 2 0.8
38 40 2 0.6
66 69 3 0.7
LS17RC139 70 363474 6812687 -60/090 6 7 1 0.6
18 19 1 0.5
21 22 1 0.8
57 60 3 0.8
LS17RC140 75 363479 6812668 -60/090 41 42 1 1.0
50 58 8 0.7
64 66 2 0.6
70 71 1 0.5
LS17RC141 65 -60/090 20 22 2 0.7
363525 6812638 29 32 3 0.5
34 35 1 0.5
54 56 2 1.1
LS17RC142 80 363511 6812638 -60/090 26 35 9 0.5
37 38 1 3.7
57 58 1 1.0
LS17RC143 60 363545 6812604 -60/090 11 12 1 1.2
44 46 2 1.0
LS17RC144 80 363523 6812602 -60/090 25 26 1 1.2
29 30 1 1.1
35 37 2 0.7
39 42 3 0.6
LS17RC145 90 363521 6812559 -60/090 35 36 1 0.6
45 46 1 4.0
LS17RC146 80 363527 6812525 -60/090 34 35 1 1.1
46 47 1 0.6
77 78 1 1.2
LS17RC147 97 363535 6812499 -60/090 29 31 2 14.1
Incl. 30 31 1 27.3
34 35 1 1.2
65 66 1 0.5
75 76 1 0.6
93 94 1 1.7
WE17RC005 112 363284 6813278 -90/360 32 33 1 3.1
Hole ID Depth(m) Easting(MGA) Northing(MGA) Dip &Azimuth From(m) To(m) Width(m) Grade(g/t Au)
41 42 1 1.5
53 54 1 3.4
108 109 1 2.2
WE17RC006 104 363235 6813376 -90/360 4 5 1 1.1
14 15 1 0.8
29 54 25 2.7
Incl. 39 43 4 11.3
Incl. 39 40 1 38.3

- ENDS -

For further information, please contact:

Don Harper Paul Armstrong/Nicholas Read Managing Director Kin Mining NL Read Corporate +61 8 9242 2227 +61 (0) 8 9388 1474

About Kin Mining

Kin Mining NL (ASX: KIN) is an emerging gold development company with a significant tenement portfolio in the North-Eastern Goldfields of Western Australia. The immediate focus of the company is the (100% Kin), Leonora Gold Project (LGP) which contains a JORC resource of 721 koz Au.

Kin's priority is to complete a Feasibility Study for the LGP by the third quarter of 2017. Drilling is complete with the objective of converting the Inferred Mineral Resources in the mine plan to Indicated Mineral Resources. Metallurgical, geotechnical, and environmental work is nearing completion to support the Definitive Feasibility Study, which will form the basis for a decision to mine.

Competent Persons Statement

The information contained in this report relates to information compiled or reviewed by Paul Maher who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM) and Mr. Simon Buswell-Smith who is a Member of the Australian Institute of Geoscientists (MAIG), both are employees of the company and fairly represent this information. Mr. Maher and Mr. Buswell-Smith have sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as Competent Persons as defined in the 2012 edition of the "JORC Australian code for reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Maher and Mr. Buswell-Smith consent to the inclusion in this report of the matters based on information in the form and context in which it appears.

Project Lowercut-offGrade Indicated Resources Inferred Resources Total Resources
Area g/tAu Mt g/tAu kozAu Mt g/tAu kozAu Mt g/tAu kozAu
Mertondale*
Mertondale 3-4 0.7 0.87 2.3 65 0.66 2.1 45 1.53 2.2 110
Merton's Reward 0.7 1.01 2.7 87 0.07 1.7 4 1.08 2.6 91
Tonto 0.7 0.97 1.9 60 0.97 1.9 60
Eclipse(Tonto North) 0.7 0.62 1.8 35 0.25 1.7 14 0.87 1.8 49
Mertondale 5 0.7 0.32 3.2 33 0.16 2.7 13 0.48 3.0 46
Quicksilver(Tonto South) 0.7 0.55 1.8 31 0.11 2.1 8 0.66 1.8 39
Subtotal Mertondale 4.34 2.2 311 1.25 2.1 84 5.59 2.2 395
Cardinia**
Bruno-LewisExploration 0.7 1.04 1.1 37 1.52 1.3 63 2.56 1.2 100
Helen's North 0.7 0.63 1.2 24 0.13 1.1 5 0.76 1.2 29
Kyte 0.7 0.31 1.6 16 0.31 1.6 16
Rangoon 0.7 0.09 1.8 5 0.23 1.3 9 0.31 1.4 14
Lewis GradeControl*** 0.7 0.29 1.4 12 0.29 1.4 12
Bruno Grade Control 0.7 0.11 1.4 5 0.03 1.1 1 0.15 1.3 6
Helen's South 0.7 0.19 1.8 11 0.01 1.3 0 0.20 1.7 11
Lewis South 0.7 0.10 1.3 4 0.10 1.3 4
Subtotal Cardinia 2.35 1.3 94 2.33 1.3 98 4.68 1.3 192
Raeside
MichelangeloLeonardo 0.7 1.28 2.7 111 1.28 2.7 111
Forgotten Four 0.7 0.07 3.0 7 0.10 2.1 7 0.17 2.5 14
Krang 0.7 0.11 2.6 9 0.11 2.6 9
Subtotal Raeside 1.47 2.7 127 0.10 2.1 7 1.57 2.6 134
TOTAL 8.16 2.0 532 3.7 1.6 189 11.8 1.9 721

Leonora Gold Project Mineral Resources

Table of Kin Mining Mineral Resources (Refer ASX announcement 11th May 2015)

Totals may not tally due to rounding of values.

* Resource estimate by McDonald Speijers, 2009 with Merton's Reward depleted by McDonald Speijers in 2010.

** Resource estimate by Runge Limited, 2009 with Bruno Grade Control depleted by Runge in 2010.

Notes: Assay top cuts for Mertondale and Raeside are variable but generally between 10-20 g/t Au and are 15g/t Au at Cardinia. No allowance has been made for dilution or ore loss. All resources are constrained by open pit shells optimised at A$2,000/oz.

*** Resource Estimate at Lewis depleted by 999oz from Lewis Pit Trial Mining completed in June 2016 (ASX announcement 5 October 2016). Production targets include depletion.

See ASX Announcement 11th May 2015 "Leonora Gold Project Resource Update". The Company confirms that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

TABLE 1 SECTION 1 – Sample Techniques and Data

Criteria Commentary
Samplingtechniques Drill holes are sampled as one metre (1m) riffle split samples, as drilled. Samples were collected as individualsplit metre intervals. Approximately 3-4kg of sample was collected over each sampled (1m) interval. Allsamples are drill spoil collected via a riffle splitter attached to the rig cyclone and collected/split as drilled.Sampling techniques are considered to be in line with the standard industry practice and are considered tobe representative. Once received at the assay laboratory drill samples were dried, crushed, pulverised andsplit to a representative 50 gram sample.
All drill holes are accurately located and referenced with grid coordinates recorded in the standard MGA94Zone51 grid system. Samples are collected using a standard RC face sampling hammer or blade bit, they aresplit/bagged/logged at the drill site. Samples were analysed via Fire Assayed (50 gram charge) for Au only.
Only the drill results contained in the table of significant intersections are considered in this document. Allsamples and drilling procedures are conducted and guided by Kin Mining protocols, QA/QC procedures areimplemented as per industry standard.
Drillingtechniques Drilling from surface is completed by standard Reverse Circulation (RC) drilling techniques. RC drilling wasconducted by Orbit Drilling Pty Ltd using a Hydco 350 8x8 Actross drilling rig with a 350psi/1250cfm aircapacity. RC drilling used RC blade bit or a face-sampling hammer over 140mm diameter drill holes. Theholes have been surveyed using a multi-shot downhole camera. In clear drill holes surveying was completedin the open hole otherwise surveying was conducted inside stainless steel rods connected to the end of thedrill string.
Drill samplerecovery Sample recovery is measured and monitored by the drill contractor and Kin Mining representatives, bagvolume is visually estimated and sample recovery was generally very good. The volume of sample collectedfor assay is considered to represent a composite sample. Sample recovery is maximized by using bestpractice drill techniques, the entire 1m sample is blown back through the rod string, the cyclone is thensealed at the completion of each metre, and the sample interval collected and riffle split. The riffle splitteris attached to the rig cyclone; the entire (1m) sample is split. The riffle splitter is cleaned with compressedair at the end of each metre and at the completion of the hole. Duplicate 1m samples and known standardsand blanks are inserted at constant intervals at a rate of one every twenty samples.
The vast majority of samples were collected dry however on rare occasions wet or damp samples wereencountered. The reported intersections were collected over dry intervals; sampling equipment wascleaned periodically to reduce cross bag contamination. RC drill samples are collected, recorded and storedin numbered calico bags and removed from the field on a daily basis.
No relationship was observed between sample recovery and grade.
Logging Kin's procedure for geological logging of sample includes recording the colour, lithology, sulphidemineralisation content, veining, alteration, oxidation, grid coordinates, sample interval and depth. Data isphysically and electronically logged and stored. The level of logging detail is considered appropriate forresource drilling. Logging of geology and colour are interpretative and qualitative, whereas logging ofmineral percentage is quantitative.
All drill holes are logged in their entirety, at 1m intervals, to the end of hole. All drill hole logging data isdigitally and physically captured, data is validated prior to being uploaded to the data base.
Sub See Sampling techniques in the above section.
samplingtechniquesand samplepreparation The sample collection methodology is considered appropriate for RC drilling and is within today's standardindustry practice. Split one metre sample (1m) results are regarded as reliable and representative. RCsamples are split with a riffle splitter at one metre intervals as drilled. Analysis was conducted by SGSMineral Services Laboratories. At the laboratory samples are dried, crushed and pulverised until the sampleis homogeneous. Analysis technique for gold (only) was a Fire Assay 50 gram charge AAS finish (Lab methodFAA505).
The vast majority of samples were collected dry; on occasion ground water was encountered and a minimalnumber of samples were collected damp. Some residual moisture was present as some samples werecollected however it's regarded as minimal and not of sufficient concentration to affect the samplingprocess. Periodically field standards and duplicate samples were submitted with the sample batch, the assaylaboratory (SGS) also included their own internal checks and balances consisting of repeats and standards;repeatability and standard results were within acceptable limits.
Criteria Commentary
No issues have been identified with sample representatively. The sample size is considered appropriate forthis type of mineralisation style.
Quality ofassaydata andlaboratory Geochemical analysis was conducted by SGS Laboratories in Kalgoorlie. Sample preparation included dryingthe samples (105°C) and pulverising to 95% passing 75µm. Samples were then riffle split to secure a samplecharge of 50 grams. Analysis was via Fire Assay (FAA505) with AAS finish. Only gold analysis was conducted(ppm detection). The analytical process and the level of detection are considered appropriate for this stageof exploration.
tests Fire assay is regarded as a complete digest technique.
No geophysical tools were used to determine any element concentrations.
Internal laboratory quality control procedures have been adopted and accepted. Certified referencematerial in the form of standards, blanks and duplicates are periodically imbedded in the sample batch byKin Mining at a ratio of 1:20.
Verificationof samplingand The reported significant intersections have been verified by at least two company geologists. All the loggedsamples have been assayed; the assay data has been stored physically and electronically in the companydatabase using Kin Mining's protocols. The sampling and assay data has been compiled, verified andinterpreted by company geologists.
assaying No holes were twined. No adjustments, averaging or calibrations are made to any of the assay data recordedin the database. QA/QC protocol is considered industry standard with standard reference materialsubmitted on a routine basis.
Location ofdata points Drill hole collars were located and recorded in the field using a hand held GPS with a three metre or betteraccuracy and will be followed up by licensed surveyors using a RTK DGPS (with a horizontal and verticalaccuracy of ±50mm.). The grid coordinate system utilised is (GDA94 Zone51). Hole locations were visuallychecked on the ground and against historic plans for spatial verification. Topographic control (i.e. surfaceRL) is recorded by the surveyors as part of the DGPS pick-up.
Data spacinganddistribution The drill hole spacing is project specific; the RC drilling patterns employed were dependent on previousdrilling, geological interpretation and proximity to old workings. The sample spacing is considered closeenough to identify significant zones of gold mineralisation. The drill programme is a follow up/ongoingexploration exercise that was designed to identify areas of geological interest and existing knownmineralisation at Lewis. Closer spaced drilling on surrounding cross sections and follow up diamond drillingmaybe required to further delineate the extent, size and geometry of some areas within the identified zonesof gold mineralisation.
Drill spacing and drill technique is sufficient to establish the degree of geological and grade continuityappropriate for the mineral resources and ore reserve estimation procedures and classifications appliedhowever the mineralised system remains open and additional infill or deeper drilling maybe required toclose off and confirm the full extent of the ore body, particularly at depth.
The vast majority of historical drilling is either vertical or to the SW (225°/-60°). This campaign drilled holesorientated at (090°/-60°). Which is believed to drill close to perpendicular to the lithological contacts
Orientationofdata inrelationto geologicalstructure Gold mineralisation at Lewis occurs in weathered and fresh mafic and felsic sequences. Gold mineralisationcomprises flat lying shallow dipping zones related to supergene gold enrichment. The blanket of supergenemineralisation cuts across all lithologies. The deposit is deeply weathered. Originally the deposit was drilledwith irregularly spaced RC drilling (down to 40m x 20m) and Aircore drilled on a 30m x 10m grid pattern byprevious explorers. Kin Mining have infilled the grid pattern with RC drilling on a nominal 15m x 30m grid,drilling in between the existing drill pattern.
Samplesecurity Samples were collected daily in the field and stored overnight in a secure lockable location in Leonora. Uponcompletion of several drill holes batches of samples were transported to Kalgoorlie by an SGS transportcontractor. The samples were then stored at their lab in a secure lockable building. Samples are checkedagainst the field manifest, sorted and prepared for assay. Samples were assayed under the supervision ofSGS at their Kalgoorlie laboratory. Once in the laboratories possession adequate sample security measuresare utilised.
Criteria Commentary
Audits orreviews Sampling methodologies and assay techniques used in this drilling programme are considered to be mineralexploration industry standard and any audits or reviews are not considered necessary at this particularexploration stage. No audits or reviews have been conducted at this stage apart from internal reviews andfield quality control.

TABLE 1 SECTION 2 - Reporting of Exploration Results

Criteria Commentary
Mineraltenement andland tenurestatus The RC drill programme was conducted on the Lewis prospect on tenements M37/227 and M37/86; thegeneral area is referred to as Cardinia. The tenements are held in the name of Navigator Mining Pty Ltd,a wholly owned subsidiary of Kin Mining NL. The tenements are managed, explored and maintained byKin Mining NL. The tenements drilled represent a small portion of the larger Cardinia-Mertondale Project(300sqkm) which hosts the 721,000oz Leonora Gold Project (LGP) Resources. The tenements are locatedwithin the Shire of Leonora in the Mt Margret Mineral Field in the centre of the North Eastern Goldfields.Cardinia is located approximately 30km ENE of Leonora.
There is no known heritage or environmental impediments over the drilled areas.
Explorationdone byother parties The Cardinia deposits have been extensively drilled by a number of companies including Mt Edon, SGWand in more recent times Navigator. A review of the collar file reveals the following companies Navigator(NAV), NR (Normandy Resources?), MET, SGW (Sons of Gwalia), CIM, AZT (Aztec), HLM (Harbour Lights)have all contributed to various drill programmes, however the vast majority of exploration was conductedby Navigator. A test parcel of ore was mined by NAV from the nearby Bruno pit (100,000t) grade andrecoveries exceeded expectations. Navigator commissioned Runge Limited to complete a MineralResource estimate for the Cardinia deposit in January 2009.
Historic drilling has been conducted in the immediate area surrounding the Kin drill holes by Navigatorand others. The data base has been interrogated and scrutinised to a level where the LGP gold resourcesare JORC 2012 compliant (ASX announcement 11th May 2015). Visual validation, using 3D software, hasbeen conducted as well as cross referencing with historic reports. Mineralisation between cross sectionsis cohesive and robust, suggesting that the data is valid.
Geology The regional geology comprises a suite of NNE-North trending greenstones positioned on the MertondaleShear Zone (MSZ), a splay limb of the Kilkenny Lineament. The MSZ denotes the contact betweenArchaean felsic volcanoclastic and sediment sequences (west) and Archaean mafic volcanics (east).Proterozoic dykes and Archaean felsic porphyries have intruded the altered mafic basalt/felsicvolcanoclastic/sedimentary sequence of the MSZ.
The Cardinia Project geology comprises intermediate mafic and felsic volcanic lithologies and locallyderived epiclastic sediments. The regional lithological strike is 345° and the dip of contacts varies, foliationtends to dip moderately to the east.
Gold mineralisation at Cardinia comprises flat lying, shallow dipping zones of supergene gold enrichmentin weathered regolith and primary mineralisation in fresh rock. The supergene mineralisation truncatesall lithologies without any obvious effects. The central area is dominated by strongly weathered NWtrending basalts with intercalated beds of felsic rocks and minor shales.
Gold distribution is highly variable resulting in very closely spaced drilling being required to confidentlydelineate the mineralised zones. Primary gold mineralisation is associated with increased shearingassociated with lithological contacts between mafic and felsic rocks. Disseminated carbonate-sericitequartz-pyrite alteration zones are adjacent to the gold mineralisation.
Drill holeInformation The location of drill hole collars is presented as part of the significant intersection table and plans in thebody of this report. Significant down hole gold intersections are presented in the table of intersections.All hole depths refer to down hole depth in metres. All hole collars are surveyed and MGA94 Zone51 DGPSpositioned. Elevation (R.L.) is recorded as part of the surveyed collar pick up. Drill holes are measuredfrom the collar of the hole to the bottom of the hole.
Criteria Commentary
DataAggregationmethods No averaging of the raw assay data was applied. Raw data was used to determine the location and widthof gold intersections and anomalous gold trends. Geological assessment and interpretation was used todetermine the relevance of the plotted intersections with respect to the sampled medium.
Individual grades are reported as down hole length weighted averages. Only RC intersections greater thanor close to 0.5 g/t are regarded as significant. Anomalous intersections are tabled in the body of thisreport. Reported mineralised zones have a cut-off grade of 0.5 g/t Au and no more than 2m of internaldilution (<0.1g/t Au).
No top cuts were applied to any assay values.
RelationshipBetweenMineralisationwidths andinterceptlengths The Drilling at Lewis was on an Azimuth of 090° and an angle of -60°. The drill hole orientation may not beat an optimal angle to the flat lying nature of the supergene mineralisation nor the more vertical primarymineralisation zone. The holes are orientated at a different direction to the historic drilling. As a result thereported intersections do not represent true widths. Reported mineralised intercepts are within andoutside the confines of the existing gold resource envelope however they have not yet been incorporatedinto the current parameters of the Lewis Inferred resource calculation. The maximum and minimumsample width within the mineralised zones is 1m.
Diagrams A relevant "type example" plan, cross section and long section is included in the body of this report.
BalancedReporting Detailed assay results are diagrammatically displayed and tabled in this report. Only the significant goldresults are discussed and reported.
The available historic database includes a large inherited data set compiled by previous project ownersdating back to 1982. There are limitations in the amount of information provided in the data set. It hasnot been possible to fully verify the reliability and accuracy of portions of the data however it appearsthat no serious problems have occurred and validation check results were within acceptable limits. Ingeneral the recent data is more reliable than historic data. The majority of the historic drilling at Lewiswas conducted by Navigator Resources.
Considering the complex history of grid transformations there must be some residual risk in convertingold local grids to GDA94 although generally the survey control appears to be accurate and satisfactory.
In the case of the existing LGP resource calculation there is always an area of technical risk associated withresource tonnage and grade estimations.
OtherSubstantiveexplorationdata Regarding the results received no other substantive data is currently considered necessary. All meaningfuland material information is or has been previously reported
Further work The potential to increase the existing resource is viewed as probable, however committing to further workdoes not guarantee that an upgrade in the resource would be achieved. Kin Mining intend to drill moreholes at Lewis with the intention of increasing the Cardinia resources and converting the Inferred portionsof the resources to the Indicated category.