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 2021

Nov 14, 2021

65620_rns_2021-11-14_2610232a-80eb-4dc8-bd40-9e5d93d19288.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

ASX Announcement 15 November 2021

HIGH-GRADE AIR-CORE RESULTS REVEAL NEW SHALLOW GOLD DISCOVERY AT PEGASUS

800m long zone up to 100m wide outlined with similarities to the 374koz Bruno-Lewis deposit

Highlights

  • Outstanding 4m composite assay results received from initial air-core (AC) drilling at the Pegasus prospect, located adjacent to the cornerstone 374koz Bruno-Lewis deposit at the Cardinia Gold Project. Results include:
    • 4m at 10.1g/t Au from 24m (PG21AC144)
    • 8m at 3.08g/t Au from 8m (PG21AC224)
    • 4m at 1.61g/t Au from 20m (PG21AC285)
    • 4m at 2.25g/t Au from 32m (PG21AC290)
    • 12m at 0.70g/t Au from 4m (PG21AC138)
    • Additional mineralised intersections in historic adjacent holes:
      • o 10m at 3.10g/t Au from 12m (C0031)
      • o 16m at 1.04g/t Au from 4m (C0030)
      • o 8m at 1.07g/t Au from 32m (BL19RC040)
      • o 9m at 1.15g/t Au from 24m (NCAC1241)
  • Mineralised zone marked by eastern edge of the Pegasus Gravity low.
  • Pegasus contains numerous ore grade intersections outlined over an area 800m long and up to 100m wide.
  • Results coincident with shallow north east-dipping sulphide mineralisation in mafic rocks. Mineralisation appears similar to the nearby Bruno lodes at the Bruno-Lewis deposit.
  • Results awaited for a further 107 holes over four 200m spaced lines of drilling to test north west extension of the Pegasus target below extensive gold-in-soil anomaly.

Kin Mining Managing Director, Andrew Munckton, said: "While still early days, Pegasus appears to be a parallel structure to the adjacent Bruno-Lewis deposit and has all the hallmarks of a significant new discovery in the Cardinia area. The air-core drilling has so far outlined a substantial mineralised position in the eastern side of the gravity low which heightened our interest when we first reviewed the geophysical data in the September quarter."

"The eastern edge of the Pegasus gravity low contains numerous ore grade hits in shallow drilling within a zone extending over at least 800m in length and up to 100m wide. New intersections such as 4m at 10.1g/t Au and 8m at 3.08g/t Au supported by other previous drilling intersections such as 10m at 3.10g/t and 16m at 1.04g/t nearby at the historical Pride of the North workings indicate to the geological team that Pegasus is a potentially significant mineralised area."

"Given the widespread nature of the ore grade intercepts we have seen in the results returned to date, we will now look forward to the remaining results from the north western extension of the anomaly which are expected to be returned over the next 4 weeks.

Kin Mining NL (ASX: KIN or "the Company") is pleased to advise that it has intersected a significant zone of shallow, high-grade, gold mineralisation in the initial air-core (AC) drilling program at the Pegasus prospect, located adjacent to the 374,000 oz Bruno-Lewis deposit at its 100%-owned 1.275Moz Cardinia Gold Project (CGP) near Leonora in Western Australia.

The latest results include a number of strong intercepts such as 4m at 10.1g/t Au from 24m in PG21AC144 and 8m at 3.08g/t Au from 8m in PG21AC224, together with other significant results located on the eastern edge of the Pegasus Gravity Target.

The results have confirmed the discovery of a significant zone of new mineralisation and reinforced our view that gravity lows highlighted in the recent detailed survey over the greater Cardinia area represent priority exploration targets for new discoveries for the Company's exploration team.

The Pegasus prospect was first identified as a soil geochemical anomaly after regional, wide-spaced auger sampling undertaken in early 2020. The auger program identified a number of gold-in-soil anomalies in the western Corridor including the Eagle-Crow prospect which received recent RC drill testing with strong initial results. The prospectivity of the Pegasus target was enhanced with the completion of the detailed gravity survey in the September quarter which showed the anomalous soil geochemistry was coincident with the edge of a large NW-SE trending gravity low. Gravity lows have shown a strong correlation with gold mineralisation at the adjacent Bruno-Lewis deposit and recent high-grade discoveries at Cardinia Hill and Rangoon in the Eastern Corridor at Cardinia.

Figure 1: Location of the Pegasus AC drilling program over geological map. Interpretation suggests the mineralisation is related to NW-SE trending structures that crosscut and alter the underlying mafic (green) rocks. Pegasus appears parallel to the Bruno lodes further north in the Bruno-Lewis deposit.

Adjacent Historical Drilling Results

Pegasus lies to the northwest of previous drilling associated with testing around the Pride of the North historical workings. This drilling includes both Rotary Air blast (RAB) drilling and RC drilling from the 1990s and early 2000's.

Results from the Pride of the North drilling include:

  • o 10m at 3.10g/t Au from 12m (C0031)
  • o 16m at 1.04g/t Au from 4m (C0030)
  • o 8m at 1.07g/t Au from 32m (BL19RC040)
  • o 9m at 1.15g/t Au from 24m (NCAC1241)

The position of historical Pride of the North drilling results is interpreted to be part of the larger Pegasus mineralised zone which is controlled by structures associated with the eastern edge of the Pegasus Gravity Target.

2021 Air-core Drilling Program

Aircore drilling completed in September and October 2021 comprised 405 AC holes (10,914m) on 12 lines designed to:

  • Test at 200m line spacing the anomalous soil geochemistry coincident with the eastern edge of the gravity target;
  • Test at 200m line spacing the western edge of the gravity target which lies within the Cardinia Creek system where soil geochemistry is not effective and where access is limited;
  • Confirm the relationship of the historical Pride of the North and Lewis drilling results to the Pegasus Gravity target.

The assay results have been returned for the eastern edge of the gravity target, confirming that a continuous zone of mineralised lodes spanning at least 800m of strike and up to 100m wide is present at this location.

Multi-element assay results for bottom-of-hole samples used to characterise the mineralisation, alteration and rock types have confirmed that the gold mineralisation is associated with anomalous silver, antimony, zinc and tungsten in sulphide-rich vein structures within altered mafic rocks. Significant intercepts for the AC drilling received to date are illustrated in Figure 2, summarised in Table 1 with hole location details provided in Table 2. Additional AC drilling to test the western edge of the gravity target has been completed. The locations of these additional drill lines where assays are awaited are illustrated in Figure 2.

The next phase of work, comprising RC and diamond drilling to confirm mineralisation in fresh rock, is planned to commence as soon as drill rigs become available – by which time the remaining assay results from the western edge of the gravity target AC drilling lines are expected to have been received.

Figure 2: Pegasus Target drilling results over detailed gravity map. New AC results in white labels, historical drilling results in grey labels. Pegasus AC drilling defines a zone containing several mineralised lodes trending NW-SE for over 800m of strike.

HOLE_ID FROM TO Width AU_PPM Comment
PG21AC012 24 28 4 1.26
PG21AC021 40 44 4 0.76
PG21AC025 40 44 4 0.64
PG21AC056 28 32 4 0.65
PG21AC122 24 28 4 0.62
PG21AC138 4 16 12 0.70
PG21AC140 24 28 4 0.69
PG21AC142 0 4 4 0.57 Within 28m at 0.33g/t Au from
20 24 4 1.20 0m
PG21AC144 24 28 4 10.1
PG21AC149 20 24 4 0.54
PG21AC174 4 8 4 0.78
PG21AC177 8 12 4 0.51
PG21AC192 4 8 4 0.59
PG21AC221 12 16 4 1.13
PG21AC222 8 12 4 0.52
PG21AC224 8 16 8 3.08 Within 36m at 0.85g/t Au from
32 36 4 0.54 0m
PG21AC225 20 24 4 0.72
PG21AC226 28 32 4 1.05
PG21AC231 8 12 4 1.07
PG21AC252 40 41 1 0.95 BoH Sample
PG21AC253 28 32 4 0.69
PG21AC255 8 12 4 0.54
PG21AC257 24 28 4 0.53
PG21AC263 16 20 4 1.10
PG21AC270 0 4 4 0.69
PG21AC272 12 15 3 0.71 BoHSample
PG21AC279 0 4 4 0.67
PG21AC285 20 24 4 1.61
PG21AC290 32 36 4 2.25

Table 1: Significant intercepts for the Pegasus air-core (AC) drilling. Reported results are for generally 4m composite samples above 0.5 g/t Au.

Hole Id East North RL Azimuth Dip Depth
PG21AC001 362,405 6,813,309 414 215 -60 24
PG21AC002 362,396 6,813,303 414 215 -60 21
PG21AC003 362,388 6,813,290 414 215 -60 23
PG21AC004 362,380 6,813,280 414 215 -60 24
PG21AC005 362,372 6,813,270 415 215 -60 24
PG21AC006 362,364 6,813,260 414 215 -60 28
PG21AC007 362,357 6,813,250 414 215 -60 38
PG21AC008 362,350 6,813,240 414 215 -60 40

Hole Id East North RL Azimuth Dip Depth
PG21AC009 362,339 6,813,225 414 215 -60 40
PG21AC010 362,328 6,813,210 414 215 -60 33
PG21AC011 362,319 6,813,199 413 215 -60 50
PG21AC012 362,306 6,813,182 413 215 -60 71
PG21AC013 362,285 6,813,155 413 215 -60 78
PG21AC014 362,264 6,813,129 413 215 -60 48
PG21AC015 362,251 6,813,113 412 215 -60 36
PG21AC016 362,240 6,813,101 411 215 -60 46
PG21AC017 362,228 6,813,085 411 215 -60 61
PG21AC018 362,212 6,813,066 410 215 -60 63
PG21AC019 362,194 6,813,044 409 215 -60 65
PG21AC020 362,178 6,813,020 409 215 -60 54
PG21AC021 362,164 6,813,002 409 215 -60 48
PG21AC022 362,149 6,812,983 409 215 -60 42
PG21AC023 362,134 6,812,972 409 215 -60 50
PG21AC024 362,116 6,812,954 409 215 -60 45
PG21AC025 362,107 6,812,938 409 215 -60 50
PG21AC026 362,100 6,812,907 409 215 -60 44
PG21AC027 362,084 6,812,876 409 215 -60 32
PG21AC028 362,046 6,812,838 409 215 -60 29
PG21AC029 362,540 6,813,169 416 215 -60 3
PG21AC030 362,532 6,813,160 417 215 -60 3
PG21AC031 362,523 6,813,148 417 215 -60 5
PG21AC032 362,514 6,813,137 417 215 -60 3
PG21AC033 362,507 6,813,128 417 215 -60 3
PG21AC034 362,498 6,813,119 417 215 -60 3
PG21AC035 362,490 6,813,107 416 215 -60 3
PG21AC036 362,484 6,813,097 416 215 -60 9
PG21AC037 362,478 6,813,085 415 215 -60 10
PG21AC038 362,466 6,813,069 414 215 -60 5
PG21AC039 362,458 6,813,061 413 215 -60 23
PG21AC040 362,452 6,813,049 413 215 -60 23
PG21AC041 362,441 6,813,041 412 215 -60 25
PG21AC042 362,434 6,813,027 412 215 -60 24
PG21AC043 362,425 6,813,016 411 215 -60 25
PG21AC044 362,417 6,813,006 411 215 -60 36
PG21AC045 362,407 6,812,988 410 215 -60 42
PG21AC046 362,398 6,812,981 410 215 -60 49
PG21AC047 362,388 6,812,966 410 215 -60 50
PG21AC048 362,377 6,812,953 410 215 -60 53
PG21AC049 362,363 6,812,937 410 215 -60 47
PG21AC050 362,348 6,812,919 409 215 -60 48
PG21AC051 362,331 6,812,899 409 215 -60 50

Hole Id East North RL Azimuth Dip Depth
PG21AC052 362,318 6,812,883 408 215 -60 50
PG21AC053 362,301 6,812,862 408 215 -60 53
PG21AC054 362,287 6,812,845 408 215 -60 48
PG21AC055 362,272 6,812,827 408 215 -60 51
PG21AC056 362,254 6,812,809 408 215 -60 46
PG21AC057 362,238 6,812,790 408 215 -60 39
PG21AC058 362,228 6,812,776 408 215 -60 28
PG21AC059 362,213 6,812,756 408 215 -60 33
PG21AC060 362,203 6,812,741 408 215 -60 40
PG21AC061 362,190 6,812,722 408 215 -60 44
PG21AC062 362,175 6,812,700 408 215 -60 42
PG21AC063 362,162 6,812,684 408 215 -60 48
PG21AC064 362,150 6,812,668 408 215 -60 39
PG21AC065 362,134 6,812,647 408 215 -60 41
PG21AC066 362,679 6,813,031 412 215 -60 3
PG21AC067 362,669 6,813,020 413 215 -60 3
PG21AC068 362,661 6,813,008 413 215 -60 3
PG21AC069 362,650 6,812,994 413 215 -60 3
PG21AC070 362,640 6,812,982 413 215 -60 3
PG21AC071 362,632 6,812,970 412 215 -60 12
PG21AC072 362,623 6,812,958 412 215 -60 9
PG21AC073 362,615 6,812,945 412 215 -60 19
PG21AC074 362,605 6,812,934 412 215 -60 21
PG21AC075 362,597 6,812,921 412 215 -60 22
PG21AC076 362,585 6,812,904 411 215 -60 24
PG21AC077 362,577 6,812,894 411 215 -60 10
PG21AC078 362,564 6,812,878 411 215 -60 11
PG21AC079 362,555 6,812,865 410 215 -60 15
PG21AC080 362,546 6,812,852 410 215 -60 47
PG21AC081 362,534 6,812,833 410 215 -60 45
PG21AC082 362,520 6,812,817 409 215 -60 42
PG21AC083 362,508 6,812,799 409 215 -60 41
PG21AC084 362,494 6,812,782 409 215 -60 40
PG21AC085 362,483 6,812,766 408 215 -60 36
PG21AC086 362,470 6,812,748 408 215 -60 43
PG21AC087 362,457 6,812,732 408 215 -60 45
PG21AC088 362,446 6,812,716 408 215 -60 49
PG21AC089 362,431 6,812,696 407 215 -60 40
PG21AC090 362,418 6,812,680 407 215 -60 43
PG21AC091 362,408 6,812,666 407 215 -60 34
PG21AC092 362,399 6,812,655 407 215 -60 40
PG21AC093 362,394 6,812,646 407 215 -60 54
PG21AC094 362,382 6,812,629 407 215 -60 29

Hole Id East North RL Azimuth Dip Depth
PG21AC095 362,372 6,812,616 407 215 -60 42
PG21AC096 362,360 6,812,601 407 215 -60 39
PG21AC097 362,349 6,812,585 407 215 -60 47
PG21AC098 362,336 6,812,570 407 215 -60 45
PG21AC099 362,321 6,812,552 407 215 -60 36
PG21AC100 362,311 6,812,535 407 215 -60 35
PG21AC101 362,299 6,812,520 407 215 -60 32
PG21AC102 362,286 6,812,504 407 215 -60 28
PG21AC103 362,276 6,812,491 407 215 -60 25
PG21AC104 362,266 6,812,479 407 215 -60 43
PG21AC105 362,668 6,812,677 407 215 -60 21
PG21AC106 362,657 6,812,664 407 215 -60 21
PG21AC107 362,652 6,812,656 407 215 -60 34
PG21AC108 362,643 6,812,641 407 215 -60 36
PG21AC109 362,632 6,812,628 407 215 -60 18
PG21AC110 362,623 6,812,616 407 215 -60 40
PG21AC111 362,614 6,812,601 407 215 -60 51
PG21AC112 362,600 6,812,584 407 215 -60 44
PG21AC113 362,588 6,812,568 407 215 -60 35
PG21AC114 362,578 6,812,557 406 215 -60 33
PG21AC115 362,568 6,812,547 406 215 -60 35
PG21AC116 362,559 6,812,534 406 215 -60 40
PG21AC117 362,547 6,812,518 406 215 -60 39
PG21AC118 362,535 6,812,504 406 215 -60 40
PG21AC119 362,523 6,812,488 406 215 -60 42
PG21AC120 362,509 6,812,469 406 215 -60 41
PG21AC121 362,498 6,812,454 406 215 -60 46
PG21AC122 362,485 6,812,436 406 215 -60 41
PG21AC123 362,473 6,812,420 406 215 -60 45
PG21AC124 362,461 6,812,404 406 215 -60 49
PG21AC125 362,447 6,812,386 406 215 -60 48
PG21AC126 362,433 6,812,368 406 215 -60 57
PG21AC127 362,418 6,812,347 406 215 -60 48
PG21AC128 362,404 6,812,330 406 215 -60 44
PG21AC129 362,392 6,812,315 406 215 -60 32
PG21AC130 362,384 6,812,302 406 215 -60 26
PG21AC131 362,375 6,812,289 406 215 -60 31
PG21AC132 362,365 6,812,273 406 215 -60 23
PG21AC133 362,355 6,812,264 406 215 -60 21
PG21AC134 362,346 6,812,252 406 215 -60 19
PG21AC135 362,338 6,812,243 406 215 -60 12
PG21AC136 362,330 6,812,231 406 215 -60 14
PG21AC137 362,324 6,812,221 406 215 -60 18

Hole Id East North RL Azimuth Dip Depth
PG21AC138 364,025 6,811,753 410 215 -60 36
PG21AC139 364,016 6,811,738 411 215 -60 36
PG21AC140 364,008 6,811,722 412 215 -60 33
PG21AC141 364,000 6,811,705 413 215 -60 34
PG21AC142 363,989 6,811,693 414 215 -60 31
PG21AC143 363,979 6,811,685 415 215 -60 9
PG21AC144 363,969 6,811,678 416 215 -60 35
PG21AC145 363,958 6,811,665 416 215 -60 3
PG21AC146 363,947 6,811,656 415 215 -60 3
PG21AC147 363,939 6,811,641 414 215 -60 35
PG21AC148 363,934 6,811,630 414 215 -60 20
PG21AC149 363,927 6,811,616 413 215 -60 25
PG21AC150 363,920 6,811,607 413 215 -60 4
PG21AC151 363,919 6,811,606 412 215 -60 29
PG21AC152 363,904 6,811,593 412 215 -60 23
PG21AC153 363,899 6,811,578 411 215 -60 40
PG21AC154 363,815 6,811,457 410 215 -60 39
PG21AC155 363,881 6,811,547 411 215 -60 24
PG21AC156 363,871 6,811,534 410 215 -60 19
PG21AC157 363,862 6,811,523 410 215 -60 13
PG21AC158 363,854 6,811,510 410 215 -60 8
PG21AC159 363,846 6,811,494 410 215 -60 4
PG21AC160 363,834 6,811,481 410 215 -60 3
PG21AC161 363,824 6,811,470 410 215 -60 8
PG21AC162 363,815 6,811,457 410 215 -60 6
PG21AC163 363,806 6,811,443 410 215 -60 10
PG21AC164 363,797 6,811,431 410 215 -60 14
PG21AC165 363,790 6,811,421 411 215 -60 25
PG21AC166 363,779 6,811,407 411 215 -60 8
PG21AC167 363,770 6,811,394 411 215 -60 3
PG21AC168 363,760 6,811,380 412 215 -60 1
PG21AC169 363,873 6,811,900 410 215 -60 6
PG21AC170 363,868 6,811,891 410 215 -60 10
PG21AC171 363,865 6,811,879 409 215 -60 21
PG21AC172 363,860 6,811,869 409 215 -60 24
PG21AC173 363,857 6,811,864 409 215 -60 14
PG21AC174 363,848 6,811,852 409 215 -60 8
PG21AC175 363,836 6,811,832 409 215 -60 29
PG21AC176 363,822 6,811,820 409 215 -60 44
PG21AC177 363,811 6,811,806 409 215 -60 15
PG21AC178 363,802 6,811,793 409 215 -60 34
PG21AC179 363,791 6,811,781 409 215 -60 30
PG21AC180 363,784 6,811,771 409 215 -60 25

Hole Id East North RL Azimuth Dip Depth
PG21AC181 363,775 6,811,758 409 215 -60 20
PG21AC182 363,766 6,811,748 409 215 -60 25
PG21AC183 363,760 6,811,738 409 215 -60 19
PG21AC184 363,751 6,811,726 409 215 -60 18
PG21AC185 363,742 6,811,713 409 215 -60 16
PG21AC186 363,733 6,811,701 409 215 -60 16
PG21AC187 363,721 6,811,687 408 215 -60 19
PG21AC188 363,714 6,811,677 408 215 -60 7
PG21AC189 363,704 6,811,663 408 215 -60 18
PG21AC190 363,695 6,811,652 408 215 -60 18
PG21AC191 363,687 6,811,638 408 215 -60 19
PG21AC192 363,679 6,811,628 409 215 -60 13
PG21AC193 363,671 6,811,615 409 215 -60 11
PG21AC194 363,663 6,811,604 409 215 -60 14
PG21AC195 363,654 6,811,593 409 215 -60 9
PG21AC196 363,648 6,811,585 409 215 -60 9
PG21AC197 363,644 6,811,570 409 215 -60 6
PG21AC198 363,636 6,811,560 409 215 -60 4
PG21AC199 363,626 6,811,552 409 215 -60 16
PG21AC200 363,618 6,811,540 410 215 -60 12
PG21AC201 363,608 6,811,529 410 215 -60 13
PG21AC202 363,604 6,811,519 410 215 -60 10
PG21AC203 363,595 6,811,505 411 215 -60 3
PG21AC204 363,586 6,811,492 412 215 -60 4
PG21AC205 363,577 6,811,477 413 215 -60 5
PG21AC206 363,556 6,811,459 413 215 -60 3
PG21AC207 363,826 6,812,171 411 215 -60 13
PG21AC208 363,817 6,812,161 411 215 -60 5
PG21AC209 363,811 6,812,152 411 215 -60 10
PG21AC210 363,804 6,812,142 411 215 -60 3
PG21AC211 363,798 6,812,133 411 215 -60 3
PG21AC212 363,791 6,812,123 412 215 -60 3
PG21AC213 363,784 6,812,116 412 215 -60 6
PG21AC214 363,778 6,812,104 412 215 -60 3
PG21AC215 363,771 6,812,095 412 215 -60 8
PG21AC216 363,765 6,812,090 412 215 -60 19
PG21AC217 363,758 6,812,079 412 215 -60 22
PG21AC218 363,752 6,812,069 411 215 -60 15
PG21AC219 363,743 6,812,058 411 215 -60 43
PG21AC220 363,733 6,812,043 411 215 -60 36
PG21AC221 363,726 6,812,028 411 215 -60 30
PG21AC222 363,718 6,812,018 410 215 -60 24
PG21AC223 363,714 6,812,004 410 215 -60 19

Hole Id East North RL Azimuth Dip Depth
PG21AC224 363,706 6,811,990 410 215 -60 51
PG21AC225 363,691 6,811,975 410 215 -60 41
PG21AC226 363,682 6,811,958 409 215 -60 43
PG21AC227 363,668 6,811,943 409 215 -60 48
PG21AC228 363,653 6,811,923 409 215 -60 40
PG21AC229 363,642 6,811,908 409 215 -60 37
PG21AC230 363,632 6,811,890 408 215 -60 27
PG21AC231 363,619 6,811,882 408 215 -60 24
PG21AC232 363,614 6,811,870 408 215 -60 18
PG21AC233 363,604 6,811,855 408 215 -60 22
PG21AC234 363,596 6,811,847 408 215 -60 18
PG21AC235 363,584 6,811,834 408 215 -60 17
PG21AC236 363,578 6,811,821 408 215 -60 19
PG21AC237 363,571 6,811,811 408 215 -60 15
PG21AC238 363,562 6,811,798 408 215 -60 12
PG21AC239 363,552 6,811,786 408 215 -60 9
PG21AC240 363,543 6,811,775 408 215 -60 3
PG21AC241 363,534 6,811,763 408 215 -60 5
PG21AC242 363,526 6,811,753 408 215 -60 9
PG21AC243 363,519 6,811,741 408 215 -60 8
PG21AC244 363,507 6,811,720 408 215 -60 11
PG21AC245 363,499 6,811,714 408 215 -60 17
PG21AC246 363,487 6,811,698 408 215 -60 18
PG21AC247 363,607 6,812,218 410 215 -60 21
PG21AC248 363,601 6,812,206 410 215 -60 23
PG21AC249 363,594 6,812,195 409 215 -60 32
PG21AC250 363,587 6,812,185 409 215 -60 28
PG21AC251 363,579 6,812,176 409 215 -60 33
PG21AC252 363,570 6,812,163 409 215 -60 41
PG21AC253 363,562 6,812,146 409 215 -60 39
PG21AC254 363,551 6,812,132 409 215 -60 40
PG21AC255 363,540 6,812,117 408 215 -60 54
PG21AC256 363,528 6,812,097 408 215 -60 47
PG21AC257 363,516 6,812,080 408 215 -60 42
PG21AC258 363,501 6,812,064 408 215 -60 39
PG21AC259 363,490 6,812,047 408 215 -60 37
PG21AC260 363,481 6,812,033 408 215 -60 32
PG21AC261 363,471 6,812,023 408 215 -60 27
PG21AC262 363,465 6,812,012 408 215 -60 24
PG21AC263 363,455 6,812,001 408 215 -60 29
PG21AC264 363,448 6,811,990 407 215 -60 48
PG21AC265 363,439 6,811,979 407 215 -60 39
PG21AC266 363,433 6,811,967 407 215 -60 46

Hole Id East North RL Azimuth Dip Depth
PG21AC267 363,426 6,811,959 407 215 -60 42
PG21AC268 363,419 6,811,946 407 215 -60 40
PG21AC269 363,413 6,811,938 407 215 -60 38
PG21AC270 363,404 6,811,924 407 215 -60 27
PG21AC271 363,392 6,811,910 407 215 -60 19
PG21AC272 363,474 6,812,356 410 215 -60 15
PG21AC273 363,470 6,812,347 410 215 -60 12
PG21AC274 363,462 6,812,336 409 215 -60 8
PG21AC275 363,454 6,812,324 409 215 -60 9
PG21AC276 363,445 6,812,309 409 215 -60 11
PG21AC277 363,439 6,812,303 408 215 -60 21
PG21AC278 363,433 6,812,294 408 215 -60 20
PG21AC279 363,425 6,812,281 408 215 -60 33
PG21AC280 363,417 6,812,269 408 215 -60 29
PG21AC281 363,404 6,812,255 408 215 -60 34
PG21AC282 363,393 6,812,242 408 215 -60 32
PG21AC283 363,385 6,812,229 408 215 -60 33
PG21AC284 363,378 6,812,223 408 215 -60 29
PG21AC285 363,369 6,812,212 408 215 -60 33
PG21AC286 363,360 6,812,198 408 215 -60 39
PG21AC287 363,352 6,812,183 408 215 -60 47
PG21AC288 363,340 6,812,168 408 215 -60 40
PG21AC289 363,328 6,812,154 407 215 -60 41
PG21AC290 363,316 6,812,141 407 215 -60 42
PG21AC291 363,326 6,812,495 409 215 -60 3
PG21AC292 363,317 6,812,481 408 215 -60 19
PG21AC293 363,307 6,812,470 408 215 -60 21
PG21AC294 363,300 6,812,460 408 215 -60 19
PG21AC295 363,293 6,812,450 408 215 -60 21
PG21AC296 363,286 6,812,440 408 215 -60 24
PG21AC297 363,279 6,812,429 407 215 -60 26
PG21AC298 363,272 6,812,419 407 215 -60 32
PG21AC299 363,265 6,812,408 407 215 -60 32
PG21AC300 363,257 6,812,396 407 215 -60 30
PG21AC301 363,247 6,812,384 407 215 -60 28
PG21AC302 363,240 6,812,372 407 215 -60 23
PG21AC303 363,232 6,812,360 407 215 -60 21
PG21AC304 363,224 6,812,350 407 215 -60 19
PG21AC305 363,216 6,812,338 407 215 -60 18
PG21AC306 363,207 6,812,328 407 215 -60 42
PG21AC307 363,196 6,812,309 407 215 -60 45
PG21AC308 363,185 6,812,295 407 215 -60 47
PG21AC309 363,173 6,812,276 407 215 -60 52

Hole Id East North RL Azimuth Dip Depth
PG21AC310 363,162 6,812,260 407 215 -60 45
PG21AC311 363,067 6,812,479 408 215 -60 4
PG21AC312 363,058 6,812,467 408 215 -60 9
PG21AC313 363,053 6,812,450 408 215 -60 9
PG21AC314 363,041 6,812,435 407 215 -60 3
PG21AC315 363,032 6,812,432 407 215 -60 4
PG21AC316 363,025 6,812,419 406 215 -60 8
PG21AC317 363,016 6,812,406 406 215 -60 15
PG21AC318 363,005 6,812,386 406 215 -60 24
PG21AC319 362,991 6,812,373 406 215 -60 41
PG21AC320 362,983 6,812,357 406 215 -60 44
PG21AC321 362,966 6,812,337 406 215 -60 44
PG21AC322 362,955 6,812,318 406 215 -60 39
PG21AC323 362,945 6,812,301 406 215 -60 39
PG21AC324 362,935 6,812,283 406 215 -60 43
PG21AC325 362,924 6,812,260 406 215 -60 44
PG21AC326 362,910 6,812,243 406 215 -60 41
PG21AC327 362,896 6,812,223 406 215 -60 48
PG21AC328 362,883 6,812,206 406 215 -60 39
PG21AC329 362,870 6,812,189 406 215 -60 38
PG21AC330 362,853 6,812,165 406 215 -60 41
PG21AC331 362,845 6,812,151 406 215 -60 33
PG21AC332 362,837 6,812,142 406 215 -60 39
PG21AC333 362,821 6,812,119 405 215 -60 29
PG21AC334 362,792 6,812,078 405 215 -60 30
PG21AC335 362,801 6,812,089 405 215 -60 12
PG21AC336 362,811 6,812,105 405 215 -60 9
PG21AC337 362,782 6,812,064 405 215 -60 16
PG21AC338 362,770 6,812,046 405 215 -60 4
PG21AC339 362,952 6,812,536 407 215 -60 5
PG21AC340 362,934 6,812,528 407 215 -60 8
PG21AC341 362,926 6,812,525 406 215 -60 17
PG21AC342 362,919 6,812,522 406 215 -60 20
PG21AC343 362,897 6,812,512 406 215 -60 30
PG21AC344 362,883 6,812,504 406 215 -60 31
PG21AC345 362,864 6,812,488 406 215 -60 41
PG21AC346 362,854 6,812,470 406 215 -60 47
PG21AC347 362,838 6,812,452 406 215 -60 44
PG21AC348 362,821 6,812,436 406 215 -60 48
PG21AC349 362,810 6,812,411 406 215 -60 30
PG21AC350 362,793 6,812,396 406 215 -60 42
PG21AC351 362,778 6,812,378 406 215 -60 47
PG21AC352 362,760 6,812,362 406 215 -60 43

Hole Id East North RL Azimuth Dip Depth
PG21AC353 362,741 6,812,338 406 215 -60 24
PG21AC354 362,730 6,812,327 406 215 -60 22
PG21AC355 362,720 6,812,314 406 215 -60 16
PG21AC356 362,708 6,812,300 406 215 -60 7
PG21AC357 362,697 6,812,286 406 215 -60 15
PG21AC358 362,643 6,812,289 406 215 -60 5
PG21AC359 362,635 6,812,272 406 215 -60 1
PG21AC360 362,623 6,812,258 406 215 -60 3
PG21AC361 362,624 6,812,238 406 215 -60 1
PG21AC362 362,623 6,812,217 406 215 -60 3
PG21AC363 362,618 6,812,199 406 215 -60 2
PG21AC364 362,612 6,812,183 405 215 -60 3
PG21AC365 362,604 6,812,169 405 215 -60 9
PG21AC366 362,597 6,812,158 405 215 -60 40
PG21AC367 362,593 6,812,143 405 215 -60 43
PG21AC368 362,586 6,812,112 405 215 -60 35
PG21AC369 362,586 6,812,084 405 215 -60 27
PG21AC370 362,590 6,812,066 405 215 -60 13
PG21AC371 362,592 6,812,047 405 215 -60 14
PG21AC372 362,587 6,812,033 405 215 -60 11
PG21AC373 362,585 6,812,015 405 215 -60 2
PG21AC374 362,586 6,812,000 405 215 -60 4
PG21AC375 362,580 6,811,983 405 215 -60 2
PG21AC376 362,575 6,811,968 405 215 -60 10
PG21AC377 362,573 6,811,950 405 215 -60 12
PG21AC378 362,575 6,811,931 405 215 -60 11
PG21AC379 362,573 6,811,912 405 215 -60 2
PG21AC380 362,558 6,811,904 405 215 -60 2
PG21AC381 362,542 6,811,892 405 215 -60 3
PG21AC382 362,534 6,811,872 404 215 -60 23
PG21AC383 363,152 6,812,242 407 215 -60 48
PG21AC384 363,137 6,812,223 407 215 -60 38
PG21AC385 363,123 6,812,211 406 215 -60 33
PG21AC386 363,114 6,812,194 406 215 -60 34
PG21AC387 363,103 6,812,179 406 215 -60 31
PG21AC388 363,084 6,812,162 406 215 -60 38
PG21AC389 363,075 6,812,143 406 215 -60 39
PG21AC390 363,068 6,812,131 406 215 -60 53
PG21AC391 363,052 6,812,105 406 215 -60 46
PG21AC392 363,037 6,812,079 406 215 -60 31
PG21AC393 363,026 6,812,065 406 215 -60 25
PG21AC394 363,016 6,812,051 406 215 -60 24
PG21AC395 363,001 6,812,034 406 215 -60 15

Hole Id East North RL Azimuth Dip Depth
PG21AC396 362,992 6,812,021 406 215 -60 18
PG21AC397 362,984 6,812,011 406 215 -60 21
PG21AC398 362,972 6,811,996 406 215 -60 17
PG21AC399 362,962 6,811,981 406 215 -60 13
PG21AC400 363,304 6,812,122 407 215 -60 45
PG21AC401 363,282 6,812,095 407 215 -60 44
PG21AC402 363,259 6,812,055 407 215 -60 42
PG21AC403 363,271 6,812,073 407 215 -60 45
PG21AC404 363,246 6,812,031 407 215 -60 44
PG21AC405 363,231 6,812,009 407 215 -60 26

Table 2: Drillhole details for the AC drilling conducted at the Pegasus prospect.

-ENDS-

Authorised for release by the Board of Directors

For further information, please contact:

Investor enquiries Media enquiries

Andrew Munckton Nicholas Read Managing Director, Kin Mining NL Read Corporate +61 8 9242 2227 +61 419 929 046

ABOUT KIN MINING NL

Kin Mining NL (ASX: KIN) is a West Australian based gold development and exploration company. Kin's focus is its 100% owned Cardinia Gold Project (CGP) located in the highly prospective North-Eastern Goldfields region of Western Australia. The CGP has a 1.23Moz gold Mineral Resource (see Table A1) defined in both oxide and deeper primary mineralisation with considerable potential to grow the Mineral Resource with further drilling.

Kin's exploration effort is the systematic program of work across the Cardinia Mining Centre and potential satellite prospects that seeks to advance a number of targets in parallel while developing a pipeline of exploration projects for ongoing Mineral Resource expansion.

Figure A1 – KIN's Project areas close to Leonora, Western Australia.

Cardinia Gold Project: Mineral Resources: September 2021
Measured Resources Indicated Resources Inferred Resources Total Resources
Project Area Resource GoldPrice (AUD) LowerCut off(g/t Au) Tonnes(Mt) Au(g/t Au) Au(k Oz) Tonnes(Mt) Au(g/t Au) Au(k Oz) Tonnes(Mt) Au(g/t Au) Au(k Oz) Tonnes(Mt) Au(g/t Au) Au(k Oz) DateAnnounced
Mertondale
Mertons Reward $ 2,600 0.4 0.9 2.17 66 1.9 0.65 41 2.9 1.15 106 26-Nov-20
Mertondale 3-4 $ 2,600 0.4 1.4 1.85 81 1.0 0.97 31 2.3 1.48 111 26-Nov-20
Tonto $ 2,600 0.4 1.8 1.14 67 1.1 1.24 43 2.9 1.18 111 26-Nov-20
Mertondale 5 $ 2,600 0.4 0.5 1.67 26 0.8 1.24 32 1.3 1.40 59 26-Nov-20
Eclipse $ 2,600 0.4 0.6 1.01 19 0.6 1.01 19 26-Nov-20
Quicksilver $ 2,600 0.4 1.1 1.10 39 1.1 1.10 39 26-Nov-20
Subtotal Mertondale 4.6 1.61 240 6.5 0.98 205 11.1 1.24 445
Cardinia
Bruno* $ 2,600 0.4 0.3 1.26 10 2.8 1.13 102 1.1 1.05 36 4.1 1.12 148 17-May-21
Lewis* $ 2,600 0.4 0.6 1.24 20 4.7 1.00 151 2.1 0.80 55 7.4 0.95 226 17-May-21
Kyte $ 2,600 0.4 0.3 1.53 17 0.1 0.92 3 0.4 1.38 20 26-Nov-20
Helens $ 2,600 0.4 0.7 2.14 50 0.3 1.94 19 1.0 2.08 69 26-Nov-20
Fiona $ 2,600 0.4 0.6 1.35 25 0.2 1.21 8 0.8 1.32 32 26-Nov-20
Rangoon $ 2,600 0.4 0.5 1.24 21 0.3 1.07 12 0.9 1.17 32 26-Nov-20
Hobby * $ 2,600 0.4 0.5 1.31 22 0.5 1.31 22 17-May-21
Cardinia Hill ** $ 2,600 0.4 0.5 2.21 38 1.6 1.12 57 2.1 1.39 95 22-Sep-21
Cardinia Hill UG** 2.0 0.1 2.71 11 0.1 2.71 11 22-Sep-21
Subtotal Cardinia 0.8 1.16 30 10.2 1.23 402 6.4 1.08 222 17.4 1.17 655
Raeside
Michaelangelo $ 2,600 0.4 1.1 2.00 73 0.4 2.19 25 1.5 2.04 98 26-Nov-20
Leonardo $ 2,600 0.4 0.4 2.39 30 0.2 2.20 14 0.6 2.32 44 26-Nov-20
Forgotten Four $ 2,600 0.4 0.1 2.09 7 0.1 1.96 6 0.2 2.03 14 26-Nov-20
Krang $ 2,600 0.4 0.3 1.74 17 0.0 2.59 2 0.3 1.80 19 26-Nov-20
Subtotal Raeside 2.0 2.04 128 0.7 2.17 47 2.6 2.07 175
TOTAL 0.8 1.16 30 16.7 1.43 770 13.6 1.09 474 31.1 1.27 1275

Table 1: Mineral Resource Estimate Table September 2021. Mineral Resources estimated by Jamie Logan, and reported in accordance with JORC 2012 using a 0.4g/t Au cut-off within AUD2,600 optimisation shells. Note * Hobby and Bruno-Lewis Mineral Resource Estimates completed by Cube Consulting, and also reported in accordance with JORC 2012 using a 0.4g/t Au cut-off within AUD2,600 optimisation shells. **Cardinia Hill Mineral Resource Estimates completed by Cube Consulting, and also reported in accordance with JORC 2012 using a 0.4g/t Au cut-off within AUD2,600 optimisation shells for open pit resource, and using a 2g/t Au cut-off for material below the optimised open pit for an underground Mineral Resource estimate.

1The company confirms that it is not aware of any new information or data that materially affects the information included in the ASX Announcement of 23 September 2021 "Cardinia Gold Project Mineral Resource Increases to 1.28Moz", and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.

COMPETENT PERSON'S STATEMENT

The information contained in this report relating to exploration results relates to information compiled or reviewed by Glenn Grayson. Mr. Grayson is a member of the Australasian Institute of Mining and Metallurgy and is a full-time employee of the company. Mr. Grayson has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Mr. Grayson consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

Appendix A

JORC 2012 TABLE 1 REPORT

Cardinia Gold Project - Section 1 & 2

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria •JORC Code explanation Commentary
Sampling techniques Nature and quality of sampling (egcutchannels, random chips, or specificspecialised industry standard DiamondHistoric (pre-2014) diamond core (DD) sampling utilised half core or quarter core sample intervals; typically varying from 0.3mto 1.4m in length. 1m sample intervals were favoured and sample boundaries principally coincided with geological contacts.
measurement tools appropriate to theminerals under investigation, such asdown hole gamma sondes, or handheldXRF instruments, etc). These examples Recent (2014-2018) diamond core (DD) samples, either HQ3 or NQ2 in size diameter, were either cut in half longitudinally orfurther cut into quarters, using a powered diamond core drop saw centered over a cradle holding core in place. Core sampleintervals varied from 0.2 to 1.25m in length but were predominantly aligned to 1m intervals or with sample boundaries whichrespected geological contacts.
should not be taken as limiting thebroad meaning of sampling.Include reference to measures taken to 2019 diamond core samples, either HQ3 or NQ2 in size diameter, were either cut in half longitudinally or a third longitudinally,using an automated Corewise core saw Core was placed in boats, holding core in place. Core sample intervals varied from 0.3 to1.3m in length but were predominantly aligned to 1m intervals or with sample boundaries which respected geological contacts.RC
ensure sample representivity and theappropriate calibration of anymeasurement tools or systems used.Aspects of the determination ofmineralisation that are Material to the Historic reverse circulation (RC) drill samples were collected over 1m downhole intervals beneath a cyclone and typically rifflesplit to obtain a sub-sample (typically 3-4kg). 1m sub-samples were typically collected in pre-numbered calico bags and 1msample rejects were commonly stored at the drill site. 3m or 4m composited interval samples were often collected by using ascoop (dry samples) or spear (wet samples). If composite samples returned anomalous results once assayed, the single metresub-samples of the anomalous composite intervals were retrieved and submitted for individual gold analysis.
Public Report.In cases where 'industry standard' workhas been done this would be relativelysimple (eg 'reverse circulation drilling Recent reverse circulation (RC) drill samples were collected by passing through a cyclone, a sample collection box, and riffle orcone splitter. All RC sub-samples were collectedover one metre downhole intervals and averaged 3-4kg.
2019 RC drilling samples were collected in 1m downhole intervals by passing through a cyclone, a collection box and thendropping through a cone splitter. All RC sub-samples were collected over one metre downhole intervals and averaged 3-4kg.
was used to obtain 1 m samples fromwhich 3 kg was pulverised to produce a30g charge for fire assay'). In other AC/RABHistoric air core (AC) and rotary air blast (RAB) were typically collected at 1 metre intervals and placed on the ground with3-4kgsub-samples collected using a scoop or spear. Three metre or four metre composited interval samples were often collected by

Criteria •JORC Code explanation Commentary
cases more explanation may berequired, such as where there is coarsegold that has inherent samplingproblems. Unusual commodities ormineralisation types (eg submarinenodules) may warrant disclosure ofdetailed information. using a scoop (dry samples) or spear (wet samples). If composite samples returned anomalous results once assayed, the singlemetre sub-samples of the anomalous composite intervals were retrieved and submitted for individual gold analysis.
Assay Methodology
Historic sample analysis typically included a number of commercial laboratories with preparation as per the following method,oven drying (90-110°C), crushing (<-2mm to <-6mm), pulverizing (<-75μm to <-105μm), and riffle split to obtain a 30, 40, or50gram catchweight for gold analysis. Fire Assay fusion, with AAS finish was the common method of analysis however, onoccasion, initial assaying may have been carried out via Aqua Regia digest and AAS/ICP finish. Anomalous samples weresubsequently re-assayed by Fire Assay fusion and AAS/ICP finish.
Recent sample analysis typically included oven drying (105-110°C), crushing (<-6mm & <-2mm), pulverising (P90% <-75μm) andsample splitting to a representative 50gramcatchweight sample for gold only analysis using Fire Assay fusion with AAS finish.
Multi element analysis was also conducted on approximately 10% of samples, predominantly through ore zones. This wasconducted via a 4-acid digest with ICP-MS/OES determination for a 48 element suite.
Rock ChipsAll rock chip samples are taken using a pick. The samples are taken from outcrop where possible. Samples are also taken from insitu float material or waste rock around historic workings, where outcrop is not present. Care is taken to ensure all samples arerepresentative of the medium being sampled. For example, if a 1m sediment unit is being sampled, a channel sample will be
taken across the entire unit.All recent drilling, sample collection and sample handling procedures were conducted and/or supervised by KIN geologypersonnel to high level industry standards. QA/QC procedures were implemented during each drilling program to industrystandards.
Drilling techniques Drill type (egcore, reverse circulation,open-hole hammer, rotary air blast, Drilling carried out since 1986 and up to the most recent drill programs completed by KIN Mining was obtained from a combinationof reverse circulation (RC), diamond core (DD), air core (AC), and rotary air blast (RAB) drilling.
auger, Bangka, sonic, etc) and details(eg core diameter, triple or standardtube, depth of diamond tails, facesampling bit or other type, whether coreis oriented and if so, by what method,etc). Data prior to 1986 is limited due to lack of exploration.
Diamond
Historic DD was carried out using industry standard 'Q' wireline techniques, with the core retrieved from the inner tubes andplaced in core trays. Core sizes include NQ/NQ3 (Ø 45-48mm) and HQ/HQ3 (Ø 61-64mm). At the end of each core run, thedriller placed core blocks in the tray, marked with hole number and depth. Core recovery was usually measured for each corerun and recorded onto the geologist's drill logs.
2017 –2018 DD was carried out by contractor Orbit Drilling Pty Ltd ("Orbit Drilling") with a Mitsubishi truck-mounted Hydco1200H 8x4 drill rig, using industry standard 'Q' wireline techniques. 2019 DD was carried out y Topdrill Pty Ltd. With a SandvickDE840 mounted on a Mercedes Benz 4144 Actros 8x8 Carrier. The rig is fitted with Sandvik DA555 hands free diamond drillingrod handler and Austex hands free hydraulic breakout.
Drill core is retrieved from the inner tubes and placed in plastic core trays and each core run depth recorded onto core markerblocks and placed at the end of each run in the tray. Core sizes include NQ2 (Ø 47mm) and HQ3 (Ø 64mm).
Recent DD core recovery and orientation was obtained for each core run where possible, using electronic core orientation tools

Criteria •JORC Code explanation Commentary
(e.g. Reflex EZ-ACT) and the 'bottom of core' marked accordingly.
2017 -18 drilling was measured at regular downhole intervals, typically at 10-15m from surface and then every 30m to bottomof hole, using electronic multi-shot downhole survey tools (i.e. Reflex EZ-TRAC or Camteq Proshot). Independent programs ofdownhole deviation surveying were also carried out to validate previous surveys. These programs utilised either electroniccontinuous logging survey tool (AusLog A698 deviation tool) or gyroscopic survey equipment.
2019 DD was surveyed at regular downhole intervals (every 30m with an additional end-of-hole survey) using electronicgyroscopic survey equipment.
RC
Historic RC drilling used conventional reverse circulation drilling techniques, utilising a cross-over sub, or face-samplinghammers with bit shrouds. Drill bit sizes typically ranged between 110-140mm.
2017-18 RC drilling was carried out by Orbit Drilling's truck-mounted Hydco 350RC 8x8 Actross drill rigs with 350psi/1250cfm aircompressor, with auxiliary and booster air compressors (when required). Drilling utilised mostly downhole face-samplinghammer bits (Ø 140mm), with occasional use of blade bits for highly oxidized and soft formations. The majority of drillingretrieved dry samples, with the occasional use of the auxiliary and booster air compressors beneath the water table, tomaintain dry sample return as much as possible. RC drillhole deviations were surveyed downhole, typically carried out insideanon-magnetic stainless steel (s/s) rod located above the hammer, using electronic multi-shot downhole tool (e.g. Reflex EZTRAC). In some instances, drillholes were surveyed later in open hole. Independent programs of downhole deviation surveyingwere also carried out to validate previous surveys. These programs utilised either electronic continuous logging survey tool(AusLog A698 deviation tool) or gyroscopic survey equipment.
2019 RC drilling was carried out by Swick Mining Services truck-mounted Swick version Schramm 685 RC Drill Rig (Rod Handler& Rotary ConeSplitter) with support air truck and dust suppression equipment. Drilling utilised downhole face-samplinghammer bits (Ø 140mm). The majority of drilling retrieved dry samples, with the occasional use of the auxiliary and booster aircompressors beneath the water table, to maintain dry sample return as much as possible.
2019 RC was surveyed at regular downhole intervals (every 30m with an additional end-of-hole survey) using electronicgyroscopic survey equipment.
AC/RAB
Historic AC drilling was conductedutilising suitable rigs with appropriate compressors (eg 250psi/600cfm). AC holes were drilledusing 'blade' or 'wing' bits, until the bit was unable to penetrate ('blade refusal'), often near the fresh rock interface. Hammerbits were used only when it was deemed necessary to penetrate further into the fresh rock profile or through notable "hardboundaries" in the regolith profile. No downhole surveying is noted to have been undertaken on AC drillholes.
Historic RAB drilling was carried out using small air compressors (eg 250psi/600cfm) and drill rods fitted with a percussionhammer or blade bit, with the sample return collected at the drillhole collar using a stuffing box and cyclone collectiontechniques. Drillhole sizes generally range between 75-110mm.No downhole surveying is noted to have been undertaken onRAB drillholes.
Drill sample recovery Method of recording and assessing core Diamond
and chip sample recoveries and results Historic core recovery was recorded in drill logsfor most of the diamond drilling programs since 1985. A review of historical

Criteria •JORC Code explanation Commentary
assessed.Measures taken to maximise samplerecovery and ensure representativenature of the samples.Whether a relationship exists betweensample recovery and grade and whether reports indicates that core recovery was generally good (>80%) with lesser recoveries recorded in zones of broken groundand/or areas of mineralisation. Overall recoveries are considered acceptable for resource estimation.
Recent core recovery data was recorded for each run by measuring total length of core retrieved against the downhole intervalactually drilled and stored in the database. KIN representatives continuously monitorcore recovery and core presentationquality as drilling is conducted and issues or discrepancies are rectified promptly to maintain industry best standards. Corerecoveries averaged >95%, even when difficult ground conditions were being encountered. When poor ground conditions wereanticipated, a triple tube drilling configuration was utilised to maximize core recovery
sample bias may have occurred due to RC/AC/RAB
preferential loss/gain of fine/coarse Historic sample recovery information for RC, AC, and RAB drilling is limited.
material. Recent RC drilling samples are preserved as best as possible during the drilling process. At the end of each 1 metre downholeinterval, the driller stops advancing, retracts from the bottom of hole, and waits for the sample to clear from the bottom ofthehole through to the sample collector box fitted beneath the cyclone. The sample is then released from the sample collector boxand passed through either a 3-tiered riffle splitter or cone splitter fitted beneath the sample box.
Drilling prior to 2018 utilised riffle split collection whereas sample collection via a cone splitter was conducted for drillingundertaken since March 2018; cyclone cleaning processes remained the same.
Sample reject is collected in plastic bags, and a 3-4kg sub-sample is collected in pre-marked calico bags for analysis. Once thesamples have been collected, the cyclone, sample collector box and riffle splitter are flushed with compressed air, and thesplitter cleaned by the off-sider using a compressed air hose at both the end of each 6 metre drill rod and then extensivelycleaned at the completion of each hole. This process is maintained throughout the entire drilling program to maximise drillsample recovery and to maintain a high level of representivity of the material being drilled.
RC drill sample recoveries are not recorded in the database however a review by Carras Mining Pty Ltd (CM) in 2017, of RC drillsamples stored in the field, and ongoing observations of RC drill rigs in operation by KIN representatives, suggests that RCsample recoveries were mostly consistent and typically very good (>90%).
Collected samples are deemed reliable and representative of drilled material and no material discrepancy, that would impede amineral resource estimate, exists between collected RC primary and sub-samples.
Logging Whether core and chip samples havebeen geologically and geotechnicallylogged to a level of detail to supportappropriate Mineral Resourceestimation, mining studies and Logging data coded in the database, prior to 2014, illustrates at least four different lithological code systems, a legacy of numerouspast operators (Hunter, MPI, Metana, CIM, MEGM, Pacmin, SOG, and Navigator). Correlation between codes is difficult to establishhowever, based on historical reports, drill hole logging procedures appear consistent with normal industry practices of the time.
KIN has attempted to validate historical logging data and to standardize the logging code system by incorporating the SOG andNavigator logging codes into one.
metallurgical studies. DiamondHistorical diamond core loggingwas recorded into drill logs for most of the diamond drilling programs since 1985. A review of
Whether logging is qualitative orquantitative in nature. Core (or costean,channel, etc) photography. historical reports indicates that logging noted core recovery, fractures per metre and RQD, lithology, alteration, texture,mineralisation, weathering, and other features. Core was then marked up for cutting and sampling.
Navigator's procedure for logging of diamond core included firstly marking of the bottom of the core (for successful core

Criteria •JORC Code explanation Commentary
The total length and percentage of therelevant intersections logged. orientations), then recording of core recovery, fractures per metre and RQD, lithology, alteration, texture, mineralisation,weathering, and other features. Core was then marked up for cutting and sampling. Navigator DD logging is predominantly togeological contacts.
Navigator logging information was entered directly intohand held digital data loggers and transferred directly to the database,after validation, to minimize data entry errors.
Drill core photographs, for drilling prior to 2014, are available only for diamond drillholes completed by Navigator.
KIN DD logging is carried out on site once geology personnel retrieve core trays from the drill rig site. Core is collected from therig daily. The entire length of every hole is logged. Recorded data includes lithology, alteration, structure, texture,mineralisation, sulphide content, weathering and other features. Drillhole collar coordinates, azimuth, dip, depth and samplingintervals are also recorded. KIN DD logging is to geological contacts.
Qualitative logging includes classification and description of lithology, weathering, oxidation, colour, texture and grain size.Quantitative logging includes percentages of identified minerals, veining, and structural measurements (using a kenometertool). In addition, logging of diamond drilling includes geotechnical data, RQD and core recoveries.
Drill core is photographed at the Cardinia site, prior to any cutting and/or sampling, and then stored in this location.Photographs are available for every diamond drillhole completed by KIN and a selection of various RC chip trays. SG data is alsocollect
All information collected is entered directly into laptop computers or tablets, validated in the field, and then transferred to thedatabase.
The level of logging detail is considered appropriate for exploration and to support appropriate mineral resource estimation,mining studies, and metallurgical studies.
Diamond drillholes completed for geotechnical purposes were independently logged for structural data by geotechnicalconsultants.
RC/AC/RAB
Historical RC, AC, and RAB logging (including Navigator) was entered on a metre by metre basis. Logging consisted of lithology,alteration, texture, mineralisation, weathering, and other features
For the majority of historical drilling (pre-2004) the entire length of each drillhole have been logged from surface to 'end ofhole'.
KIN RC logging of was carried out in the field and logging has predominantly been undertaken on a metre by metre basis. KINlogging is inclusive of the entire length of each RC drillhole from surface to 'end of hole'.
Recorded data includes lithology, alteration, structure, texture, mineralisation, sulphide content, weathering and otherfeatures. Drillhole collar coordinates, azimuth, dip, depth and sampling intervals are also recorded.
Qualitative logging includes classification and description of lithology, weathering, oxidation, colour, texture and grain size.Quantitative logging includes identification and percentages of mineralogy, sulphides, mineralisation, and veining.
Photographs are available for a selection of recent KIN RC drillholes.

Criteria •JORC Code explanation Commentary
All information collected is entered directly into laptop computers or tablets, validated in the field, and then transferred to thedatabase.
The level of logging detail is considered appropriate for exploration and to support appropriate mineral resource estimation,mining studies, and metallurgical studies.
Rock Chips
All rock chip samples are inspected by the sampling geologist and logged for lithology, alteration, mineralisation, veining, andstructural fabric. This is a combination of qualitative and quantitative data.
Sub-sampling techniques and If core, whether cut or sawn and Diamond
sample preparation whether quarter, half or all core taken. Historic diamond drill core (NQ/NQ3 or HQ/HQ3) samples collected for analysis were longitudinally cut in half, and occasionally
If non-core, whether riffled, tubesampled, rotary split, etc and whethersampled wet or dry. in quarters for the larger (HQ/HQ3) diameter holes, using a powered diamond core drop saw centered over a cradle holding thecore in place. Half core or quarter core sample intervals typically varied from 0.3m to 1.4m in length. 1m sample intervals werefavoured and are the most common method of sampling, however sample boundaries do principally coincide with geologicalcontacts. The remaining core was retained in core trays.
For all sample types, the nature, qualityand appropriateness of the samplepreparation technique.Quality control procedures adopted forall sub-sampling stages to maximiserepresentivity of samples.Measures taken to ensure that thesampling is representative of the in situmaterial collected, including for instance 2017-18 diamond drill core samples collected for analysis were longitudinally cut in half, with some samples cut into quarters,using a powered diamond core drop saw blade centered over a cradle holding the core in place. Core sample intervals variedfrom 0.2 to 1.25m in length but were predominantly aligned to 1m intervals or with sample boundaries which respectedgeological contacts. The remaining core was retained in their respective core trays and stored in KIN's yard for future reference.
All KIN diamond drill core is securely stored at the KIN Leonora Yard.2019 diamond drill core samples collected for analysis were longitudinally cut in half, with some samples cut into thirds, usingan automated Corewise powered diamond core saw with the blade centered over a boat holding the core in place. Core sampleintervals varied from 0.2 to 1.25m in length but were predominantly aligned to 1m intervals or with sample boundaries whichrespected geological contacts. The remaining core was retained in their respective core trays and stored in KIN's yard for future
reference. All KIN diamond drill core is securely stored at the Cardinia coreyard.
results for field duplicate/second-halfsampling. All sub-sampling techniquesand sample preparation procedures conducted and/or supervised by KIN geology personnel are tostandard industry practice. Sub-sampling and sample preparation techniques used are considered to maximise representivity ofdrilled material. QA/QC procedures implemented during each drilling program are to industry standard practice.
Whether sample sizes are appropriate tothe grain size of the material being Samples sizes are considered appropriate for this style of gold mineralisation and as an industry accepted method for evaluationof gold deposits in the Eastern Goldfields of Western Australia.
sampled. RC/AC/RAB
Historic sampling was predominantly conducted by collecting 1m samples from beneath a cyclone and either retaining theseprimary samples or passing through a riffle splitter to obtain a 3-4kg sub-sample for analysis. First pass sampling often involvedcollecting composite samples by using a scoop (dry samples) or spear/tube (wet samples) to obtain 3m or 4m compositedintervals, with the single metre split samples being retained at the drill site as spoil or in sample bags. If composite sampleassays returned anomalous results, the single metre samples for this composite were retrieved and submitted for analysis.RC/AC/RAB sampling procedures are believed to be consistent with the normal industry practices at the time.
Samples obtained from conventional RC drilling techniques with cross-over subs often suffered from down hole contamination,

Criteria •JORC Code explanation Commentary
especially beneath the water table. Samples obtained from RC drilling techniques using the face sampling hammer suffered lessfrom down hole contamination and were more likely to be kept dry beneath the water table, particularly if auxiliary and boosterair compressors were used. These samples are considered to be representative.
The vast majority of Reverse Circulation (RC) drill samples were collected at 1m downhole intervals from beneath a cyclone andthen riffle split to obtain a sub-sample (typically 3-4kg). After splitting, 1m sub-samples were typically collected in prenumbered calico bags, and the 1m sample rejects were commonly stored atthe drill site in marked plastic bags, for futurereference. First pass sampling often involved collecting composite samples by using a scoop (dry samples) or spear/tube (wetsamples) to obtain 3m or 4m composited intervals, with the single metre split sub-samples being retained at the drill site. If thecomposite sample assays returned anomalous results, single metre sub-samples for the anomalous composite intervals wereretrieved and submitted for analysis.
Navigator included standards, fields duplicate splits (since 2009), and blanks within each drill sample batch, at a ratio of 1 forevery 20 samples, with the number of standards being inserted at a ratio of 1 for every 50 samples.
Recent RC sub-samples were collected over 1 metre downhole intervals and retained in pre-marked calico bags, after passingthrough a cyclone and either a riffle splitter, prior to March 2018, or cone splitter, after March 2018. The majority of RC subsamples consistently averaged 3-4kg. Sample reject from the riffle splitter were retained and stored in plastic bags, and locatednear each drillhole site. When drilling beneath the water table, the majority of sample returns were kept dry by the use of theauxiliary and booster air compressors. Very few wet samples were collected through the splitter, and the small number of wetor damp samples is not considered material for resource estimation work.
KIN RC drill programs utilise field duplicates, at regular intervals at a ratio of 1:25, and assay results indicate that there isreasonable analytical repeatability; considering the presence of nuggety gold.
All sub-sampling techniques and sample preparation procedures conducted and/or supervised by KIN geology personnel are tostandard industry practice. Sub-sampling and sample preparation techniques used are considered to maximise representivity ofdrilled material. QA/QC procedures implemented during each drilling program are to industry standard practice.
Samples sizes are considered appropriate for this style of gold mineralisation and as an industry accepted method for evaluationof gold deposits in the Eastern Goldfields of Western Australia.
No duplicates are taken for rock chip sampling. Sample sizes are approximately 3kg, this is considered appropriate for thematerial beingsampled.
Quality of assay data andlaboratory tests The nature, quality and appropriatenessof the assaying and laboratoryprocedures used and whether the Numerous assay laboratories and various sample preparation and assay techniques have been used since 1981. Historicalreporting and descriptions of laboratory sample preparation, assaying procedures, and quality control protocols for the samplesfrom the various drilling programs are variable in their descriptions and completeness.
technique is considered partial or total. Assay data obtained prior to 2001 is incomplete and the nature of results could not be accurately quantified due to thecombinations of various laboratories and analytical methodologies utilised.
For geophysical tools, spectrometers,handheld XRF instruments, etc, the Since 1993, the majority of samples submitted to the various laboratories were typically prepared for analysis firstly by ovendrying, crushing and pulverizing to a nominal 85% passing 75µm.
parameters used in determining theanalysis including instrument make and In the initial exploration stages, Aqua Regia digest with AAS/ICP finish, was generally used as a first pass detection method, withfollow up analysis by Fire Assay fusion and AAS/ICP finish. This was a common practice at the time. Mineralised intervals were

•Criteria JORC Code explanation Commentary
model, reading times, calibrations subsequently Fire Assayed (using 30, 40 or 50 gram catchweights) with AAS/ICP finish.
factors applied and their derivation, etc.Nature of quality control procedures Approximately 15-20% of the sampled AC holes may have been subject to Aqua Regia digest methods only, however AC sampleswere predominantly within the oxide profile, where aqua regia results would not be significantly different to results from fire
adopted (eg standards, blanks, assay methods.
have been established. duplicates, external laboratory checks)and whether acceptable levels ofaccuracy (ie lack of bias) and precision Limited information is available regarding checkassays for drilling programs prior to 2004.During 2004-2014, Navigator utilised six different commercial laboratories during their drilling programs, however KalgoorlieAssay Laboratories conducted the majority of assaying for diamond, RC, and AC samplesusing Fire Assay fusion on 40 gramcatchweights with AAS/ICP finish.
Since 2009 Navigator regularly included field duplicates and Certified Reference Material (CRM), standards and blanks, with theirsample batch submissions to laboratories at average ratio of 1 in 20 samples. Sample assay repeatability and blank and CRMstandard assay results were typically within acceptable limits.
KIN sample analysis from 2014 to 2018 was conducted by SGS Australia Pty Ltd's ("SGS") Kalgoorlie and Perth laboratories. Samplepreparation included oven drying (105°C), crushing (<6mm), pulverising (P90% passing 75µm) and riffle split to obtain a 50 gramcatchweight. Analysis for gold only was carried out by Fire Assay fusion technique with AAS finish (SGS Lab Code FAA505).
•KIN regularly insert blanks and CRM standards in each sample batch at a ratio of 1:50. This allows for at least one blank andone CRM standard to be included in each of the laboratory's fire assay batch of 50 samples. Field duplicates are typicallycollected at a ratio of 1:50 samples and test sample assay repeatability. Blanks and CRM standards assay result performanceis predominantly within acceptable limits for this style of gold mineralisation.
•KIN requests laboratory pulp grind and crush checks at a ratio of 1:50 or less since May 2018 in order to better qualify samplepreparation and evaluate laboratory performance. Samples have generally illustrated appropriate crush and grind sizepercentages since the addition of this component to the sample analysis procedure.
•SGS include laboratory blanks and CRM standards as part of their internal QA/QC for sample preparation and analysis, as wellas regular assay repeats. Sample pulp assay repeatability, and internal blank and CRM standards assay results are typicallywithin acceptable limits.
From late 2018 samples have been analysed by Intertek Genalysis, with sample preparation either at their Kalgoorlie preplaboratory or the Perth Laboratory located in Maddington. Sample preparation included oven drying (105°C), crushing (<6mm),pulverising (P90% passing 75µm) and split to obtain a 50 gram catchweight. Analysis for gold only was carried out by Fire Assayfusion technique with AAS finish.
•KIN regularly insert blanks and CRM standards in each sample batch at aratio of 1:25. Kin accepts that this ratio of QAQC isindustry standard. Field duplicates are typically collected at a ratio of 1:25 samples and test sample assay repeatability. Blanksand CRM standards assay result performance is predominantly within acceptable limits for this style of gold mineralisation.
•KIN requests laboratory pulp grind and crush checks at a ratio of 1:50 or less since May 2018 in order to better qualify samplepreparation and evaluate laboratory performance. Samples have generally illustrated appropriate crush and grind sizepercentages since the addition of this component to the sample analysis procedure.
•Genalysis include laboratory blanks and CRM standards as part of their internal QA/QC for sample preparation and analysis,

Criteria •JORC Code explanation Commentary
as well as regular assay repeats. Sample pulp assay repeatability, and internal blank and CRM standards assay results aretypically within acceptable limits.
The nature and quality of the assaying and laboratory procedures used are considered to be satisfactoryand appropriate for usein mineral resource estimations.
Fire Assay fusion is considered to be a total extraction technique. The majority of assay data used for the mineral resourceestimations were obtained by the Fire Assay technique with AAS or ICP finish. AAS and ICP methods of detection are bothconsidered to be suitable and appropriate methods of detection for this style of mineralisation
Aqua Regia is considered a partial extraction technique, where gold encapsulated in refractory sulphides or somesilicate mineralsmay not be fully dissolved, resulting in partial reporting of gold content.
No other analysis techniques have been used to determine gold assays.
Ongoing QAQC monitoring program identified one particular CRM returning spurious results. Further analysis demonstrated thatthe standard was compromised and was subsequently removed and destroyed. A replacement CRM of similar grade wassubstituted into the QAQC program.
KIN continues to both develop and reinforce best practice QAQC methods for all drilling operations and the treatment andanalysis of samples. Regular laboratory site visits and audits have been introduced since April 2018 and will be conducted onaquarterly basis. This measure will ensure that all aspects of KIN QAQC practices are adhered to and align with industry bestpractice.
All rock chip samples have been submitted to Intertek Genalysis (Perth) for analysis by 50g Fire assay, with multi-element analysisvia a 4-acid digest for a 48-element suite. Sample preparation included oven drying (105°C), crushing (<6mm), pulverising (P90%passing 75µm). Blanks and standards are inserted by the lab at a minimum rate of 1 in 50. Lab repeats are performed for sampleswith particularly high gold values. Due to the nature and intended uses of this data, this QAQC procedure is intentionally lessrigorous than that used for drilling samples.
Verification of sampling andassaying The verification of significantintersections by either independent or Verification of sampling, assay techniques, and results prior to 2004 is limited due to the legacy of the involvement of variouscompanies, personnel, drilling equipment, sampling protocols and analytical techniques at different laboratories.
alternative company personnel. During 2009, a selection of significant intersections had been verified by Navigator's company geologists and an independent
The use of twinned holes. consultant McDonald Speijers ("MS"). MS were able to validate 92% of the assay records in 50 randomly selected check holes, andonly 6 assay discrepancies were detected (< 0.2%), only 2 of those were considered significant. MS concluded that the very small
Documentation of primary data, data proportion of discrepancies indicated that the assay database was probably reliable at that time.
entry procedures, data verification, datastorage (physical and electronic)protocols. In 2009, Runge Ltd ("Runge") completed a mineral resource estimate report for the Cardinia Project area, including the Helens,Rangoon, Kyte and Bruno_Lewis deposits. Runge's database verification included basic visual validation in Surpac and fieldverification of drillhole positions in February 2009. Runge did not report any significant issues with the database.
Discuss any adjustment to assay data. Since2014, significant drill intersections have been verified by KIN company geologists during the course of the drilling programs.
During 2017, Carras Mining Pty Ltd ("CM") carried out an independent data verification. 38,098 assay records for KIN 2014-2017drilling programs were verified by comparing laboratory assay reports against the database. 6 errors were found, which are notconsidered material and which represented only 0.03% of all database records verified for KIN 2014-2017 drilling programs

Criteria •JORC Code explanation Commentary
No adjustments, averaging or calibrations are made to any of the assay data recorded in the database. QA/QC protocol isconsidered industry standard with standard reference material submitted on a routine basis.
Recent (2014-2018) RC and diamond drilling by KIN included twinning of some historical holes within the Helens and Rangoonresource areas. There is no significant material difference between historical drilling information and KIN drilling information.
Areas without twinned holes illustrate a drill density that is considered sufficient to enable comparison with surrounding historicinformation. No material difference of a negative nature exists between historical drilling information and KIN drillinginformation.
KIN diamond holes drilled for metallurgical and geotechnical test work illustrate assay results with adequate correlation to bothnearby historical and recent drilling results.
No adjustment or calibration has been made to assay data.
Location of data points Accuracy and quality of surveys used tolocate drill holes (collar and down-hole Several local grids were established and used by previous project owners. During the 1990s, SOG transformed the surface surveydata firstly to AMG and subsequently to MGA (GDA94 zone51).
surveys), trenches, mine workings andother locations used in Mineral Resourceestimation.Specification of the grid system used.Quality and adequacy of topographiccontrol. Navigator recognised errors in the collar co-ordinates resulting from transformations and as a result, a significant number of holeswere resurveyed and a new MGA grid transformation generated. Historical collars have been validated against the original localgrid co-ordinates and independently transformed to MGA co-ordinates and checked against the database. Navigator's MGA coordinates were checked against the surveyor's reports.
Drilling was carried out using these various local grids. Since 2004, All Navigators drill hole collars were surveyed on completion ofdrilling in the Australian MGA94, Zone51 grid using RTK-DGPS equipment by licensed surveyors, with more than 80% of thepickups carried out by independent contractors.
Almost all the diamond and at least 70% of Navigator RC holes were downhole surveyed. Pre-Navigator, single shot surveycameras were used, with typical survey intervals of 30-40 metres.
Recent KIN drill hole collars are located and recorded in the field by a contract surveyor using RTK-DGPS (with a horizontal andvertical accuracyof ±50mm). Location data was collected in the GDA94 Zone51 grid coordinate system.
Downhole surveying was predominantly carried out by the drilling contractor which, prior to late 2018, was Orbit Drilling PtyLtd.This was conducted using a downhole electronic single shot magnetic tool. (Relfex EZ-shot), which is industry standard practice.This is considered sufficiently accurate except where significant magnetic interference is encountered. The magnetic field isrecorded on every survey and flagged when likely to interfere with the reading. These surveys are downgraded in the database. Inaddition, if the downhole survey tool is located within 15 metres of the surface, there is risk of influence from the drill rig affectingthe azimuth readings. This was observed for the survey readings, which include total magnetic intensity (TMI) measurements,where TMI is spurious for readings taken at downhole depths less than 20 metres. These spurious readings are included in thedatabase, but are not used.
Downhole surveying in 2019 has been conducted by the drilling contractors (Topdrill Pty Ltd and Swick Mining Services Pty Ltd)utilizing downhole electronic gyroscopic survey tools. These are considered very accurate and not susceptible to magneticinterference. Nofurther surveying required to check drill hole deviation.
A small selection of drillhole collars, which do not have DGPS collar surveys, were picked up with a handheld GPS and individually

Criteria •JORC Code explanation Commentary
appraised in regards to their location prior to modelling; the position of these collars is deemed appropriate for the resourceestimation work.
Considering the history of grid transformations and surviving documentation, there might be some residual risk of error in theMGA co-ordinates for old drillholes, however this is not considered to be material for the resource estimation.
Azimuth data was historically recorded relative to magnetic north. Much of the historical drilling data was recorded relativetomagnetic north. Variation in magnetic declination for the Cardinia Project area is calculated at +0.823° East (1985) to +1.301° East(2017), with a maximum variation of +1.575° in 2005. The difference between true north and magnetic north, and the annualvariation in magnetic declination since 1985 is not significant, therefore magnetic north measurements have been used, wheretrue north data is unavailable, for all survey data used in resource estimation processes.
The accuracy of drill hole collars and downhole data are located with sufficient accuracy foruse in resource estimation work.
For rock chip samples, locations are recorded at the time of sampling using a handheld GPS in the GDA94 Zone51 grid coordinatesystem.
Data spacing and distribution Data spacing for reporting ofExploration Results. Drill hole spacing patterns vary considerably throughout the Cardinia Gold Project area and are deposit specific, depending on thenature and style of mineralisation being tested.
Whether the data spacing anddistribution is sufficient to establish thedegree of geological and gradecontinuity appropriate for the MineralResource and Ore Reserve estimationprocedure(s) and classifications applied. Drill hole spacing within the resource areas is sufficient to establish an acceptable degree of geological and grade continuity and isappropriate for both the mineral resource estimation and the resource classifications applied.
Whether sample compositing has beenapplied.
Orientation of data in relation togeological structure Whether the orientation of samplingachieves unbiased sampling of possible The Cardinia greenstone sequence displays a NNW to NW trend. Drilling and sampling programs were carried out to obtainunbiased locations of drill sample data, generally orthogonal to the strike of mineralisation.
structures and the extent to which this isknown, considering the deposit type. At Helens mineralisation is structurally controlled in sub-vertical shear zones, with supergene components of varying lateralextensiveness present in the oxide profile.
If the relationship between the drillingorientation and the orientation of keymineralised structures is considered tohave introduced a sampling bias, thisshould be assessed and reported ifmaterial. The vast majority of historical drilling, pre-Navigator (pre-2004), and KIN drilling is orientated at -60°/245° (WSW) and -60°/065°(ENE).
At Bruno-Lewis and Kyte, mineralisaton is either stratigraphy parallel (trending NNW, steep to moderately W-dipping) or crosscutting and dipping shallowly to the NE (striking NW). The vast majority of the drilling is therefore predominantly orientated at -60°/225-250° or -60°/090°. Grade Control drillholes were drilled vertically. Since late 2018, Kin's drilling has been largely orientedto 070° to target contact lodes and 225-250° to target the NE-dipping potassic lodes.
The chance of sample bias introduced by sample orientation is considered minimal. No orientation sampling bias has beenidentified in data thus far.

Criteria •JORC Code explanation Commentary
Sample security The measures taken to ensure sample No sample security details are available for pre-Navigator (pre-2004) drill or field samples.
security. Navigator drill samples (2004-2014) were collected in pre-numbered calico bags at the drill rig site. Samples were then collectedby company personnel from the field and transported to the secure Navigator yard in Leonora. Samples were then batchprocessed (drillhole and sample numbers logged into the database) and then packed into 'bulkabag sacks'. The bulkabags weretied off and stored securely in the Navigator yard until being transported to the selected laboratory. There was no perceivedopportunity for the samples to be compromised from collection of samples at the drill site to delivery to the laboratory.
2017 -18 KIN RC drill samples were collected in pre-numbered calico bags at the drill rig site. The samples were then batchprocessed (drillhole and sample numbers encoded onto a hardcopy sample register) in the field, and then transported andstacked into 'bulkabag sacks' at the secure KIN yard location in Leonora. Bulkabags were tied off and stored securely in the yarduntil being transported to the laboratory.
2019 RC drill samples were collected in pre-numbered calico bags at the drill rig site. The samples were then batch processed(drillhole and sample numbers encoded onto a hardcopy sample register) in the field, and then transported and stacked into'bulkabag sacks' at the Cardinia office.
2017-18 KIN DD samples were obtained by KIN personnel in pre-numbered calico bags at the KIN yard location in Leonora.Samples were then stacked into 'bulkabag sacks' at the yard location and stored securely until being transported to thelaboratory.
2019 samples were obtained by KIN personnel in pre-numbered calico bags at the core yard located at theCardinia office.Samples were then stacked into 'bulkabag sacks' at the yard location and stored securely until being transported to thelaboratory.
Transport contractors are utilised to transport samples to the laboratory. No perceived opportunity for samples to becompromised from collection of samples at the drill site, to delivery to the laboratory, where they were stored in their securecompound, and made ready for processing is deemed likely to have occurred.
On receipt of the samples, the laboratoryindependently checked the sample submission form to verify samples received andreadied the samples for sample preparation. SGS and Genalysis sample security protocols are of industry standard and deemedacceptable for resource estimation work.
Audits or reviews The results of any audits or reviews ofsampling techniques and data. Historic drilling and sampling methods and QA/QC are regarded as not being as thoroughly documented compared to currentstandards. Inhouse reviews of various available historical company reports of drilling and sampling techniques indicates thatthese were most likely conducted to industry best practice and standards of the day.
Independent geological consultants Runge Ltd completed a review of the Cardinia Project database, drilling and samplingprotocols, and so forth in 2009. The Runge report highlighted issues with bulk density and QA/QC analysis within the supplieddatabase. Identified issues were subsequently addressed by Navigator and KIN.
Carras Mining Pty Ltd (CM), an independent geological consultant, reviewed and carried out an audit on the field operations anddatabase in 2017. Drilling and sampling methodologies observed during the site visits were to industry standard. No issues wereidentified for the supplied databases which could be considered material to a mineral resource estimation. During the review,Carras Mining logged the oxidation profiles (base of complete oxidation and top of fresh rock) for each of the deposit areas,basedon visual inspection of selected RC drill chips from KIN's recent drilling programs, and a combination of historical and KIN drillholelogging. Final adjustments were made with input from KIN geologists. The oxidation profiles were used to assign bulk densities

Criteria •JORC Code explanation Commentary
and metallurgical recoveries to the 2017 resource models.
Past bulk density test work has been inconsistent with incorrect methods employed, to derive specific gravity or in-situ bulkdensity, rather than dry bulk density. Navigator (2009) and recent KIN (2017) bulk density test work was carried out using thewater immersion method on oven dried, coated samples to derive dry bulk densities for different rock types and oxidationprofiles. This information has been incorporated into the database for resource estimation work. CM conducted site visits during2017 to the laboratory to validate the methodology.
Drilling, sampling methodologies, and assay techniques used in these drilling programs are considered to be appropriate and tomineral exploration industry standards of the day.
Laboratory site visits and audits were introduced in April 2018 and are conducted on a quarterly basis. This measure ensures thatall aspects of KIN QAQC practices are adhered to and align with industry best practice.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria •JORC Code explanation Commentary
Mineral tenement and landtenure status Type, reference name/number, location and ownershipincluding agreements or material issues with third parties suchas joint ventures, partnerships, overriding royalties, native titleinterests, historical sites, wilderness or national park andenvironmental settings. The Cardinia Project, 35-40km NE of Leonora is managed, explored and maintained by KIN, and constitutea portion of KIN's Leonora Gold Project (LGP), which is located within the Shire of Leonora in the MtMargaret Mineral Field of the North Eastern Goldfields.
The Helens and Rangoon area includes granted mining tenements M37/316 and M37/317, The tenementsare held in the name of Navigator Mining Pty Ltd, a wholly owned subsidiary of KIN.
The security of the tenure held at the time of reporting alongwith any known impediments to obtaining a licence to operatein the area. The Bruno-Lewis and Kyte areas includes granted mining tenements M37/86, M37/227, M37/277,M37/300, M37/428 and M37/646. The tenements are held in the name of Navigator Mining Pty Ltd, awholly owned subsidiary of KIN. The following royalty payment may be applicable to the areas within theCardinia Project's Bruno and Lewis areas that comprise the deposits being reported on:
1.Gloucester Coal Ltd (formerly CIM Resources Ltd and Centenary International Mining Ltd) in respectof M37/86 -1% of the quarterly gross value of sales for gold ounces produced, in excess of 10,000ounces.
There are no known native title interests, historical sites, wilderness areas, national park or environmentalimpediments over the outlined current resource areas, and there are no current impediments to obtaininga licence to operate in the area.
Exploration done by otherparties Acknowledgment and appraisal of exploration by other parties. At Cardinia, from 1980-1985, Townson Holdings Pty Ltd ("Townson") mined a small open pit over selectedhistorical workings at the Rangoon prospect. Localised instances of drilling relating to this mining event arenot recorded and are considered insubstantial and immaterial for resource modelling. Companies involvedin the collection of the majority of the gold exploration data since 1985 and prior to 2014 include: Thames

Criteria •JORC Code explanation Commentary
Mining NL ("Thames") 1985; Mt Eden Gold Mines (Aust) NL (also Tarmoola Aust Pty Ltd "MEGM") 1986-2003; Centenary International Mining Ltd ("CIM") 1986-1988, 1991-1992; Metana Minerals NL ("Metana")1986-1989; Sons of Gwalia Ltd ("SOG") 1989, 1992-2004; Pacmin Mining Corporation ("Pacmin") 1998-2001, and Navigator Resources Ltd ("Navigator") 2004-2014.
In 2009 Navigator commissioned Runge Limited ("Runge") to complete a Mineral Resource estimate forthe Bruno, Lewis, Kyte, Helens and Rangoon deposits. Runge reported a JORC 2004 compliant MineralResource estimate, at a cut-off grade of 0.7g/t Au, totaling 1.45Mt @ 1.3 g/t au (61,700 oz Au) for Helensand Rangoon, and totaling 4.34Mt @ 1.2 g/t au (169,700 oz Au) for Bruno, Lewis and Kyte.
A trial pit (Bruno) was mined by Navigator in 2010, and a 'test parcel' of ore was extracted and transportedfirstly to Sons of Gwalia's processing plant in Leonora, and finally to Navigator's processing plant located atBronzewing, where approximately 100,000 tonnes were processed at an average head grade of 2.33 g/t au(7,493 oz Au).
Geology Deposit type, geological setting and style of mineralisation. The Cardinia Project area is located in the central part of the Norseman-Wiluna Greenstone Belt, whichextends for some 600km on a NNW trend across the Archean Yilgarn Craton of Western Australia.
The regional geology comprises a suite of NNE-North trending greenstones positioned within theMertondale Shear Zone (MSZ) a splay limb of the Kilkenny Lineament. The MSZ denotes the contactbetween Archaean felsic volcanoclastics and sediment sequences in the west and Archaean mafic volcanicsin the east. Proterozoic dolerite dykes and Archaean felsic porphyries have intruded the shearedmafic/felsic volcanoclastic/sedimentary sequence.
Locally within the Cardinia Project area, the stratigraphy consists of intermediate, mafic and felsic volcanicand intrusive lithologies and locally derived epiclastic sediments, which strike NNW, dipping steep-tomoderately to the west. Structural foliation of the areas stratigraphy predominantly dips steeply to theeast but localised inflections are common and structural orientation can vary between moderately (50-75°)easterly to moderately westerly dipping.
Mineralisation at Helens is controlled by a cross-cutting fault, hosted predominantly in mafic rock units,adjacent to the felsic volcanic/sediment contacts. The ore zones are associated with increased shearing,intense alteration and disseminated sulphides. Minor supergene enrichment occurs locally withinmineralised shears throughout the regolith profile.
Mineralisation at Bruno-Lewis is largely controlled by the stratigraphic contact between basalt and felsicvolcanics. Gold is associated with significant sulphide mineralisation in the sediments and volcaniclasticsbetween the 2 volcanic units. Gold Is also hosted within shallowly NE-dipping lodes, associated withincreasedpotassic-sericite alteration and quartz stockwork veining. These lodes also host themineralisation at Kyte. Substantial supergene mineralisation sits above both styles of mineralisation.
Drill hole Information A summary of all information material to the understanding ofthe exploration results including a tabulation of the followinginformation for all Material drill holes: Material drilling information for exploration results has previously been publicly reported in numerousannouncements to the ASX by Navigator (2004-2014) and KINsince 2014.

Criteria •JORC Code explanation Commentary
•easting and northing of the drill hole collar•elevation or RL (Reduced Level –elevation above sea levelin metres) of the drill hole collar•dip and azimuth of the hole•down hole length and interception depth•hole length.If the exclusion of this information is justified on the basis thatthe information is not Material and this exclusion does notdetract from the understanding of the report, the CompetentPerson should clearly explain why this is the case.
Data aggregation methods In reporting Exploration Results, weighting averagingtechniques, maximum and/or minimum grade truncations (egcutting of high grades) and cut-off grades are usually Materialand should be stated. When exploration results have been reported for the resource areas, the intercepts are reported asweighted average grades over intercept lengths defined by geology or lower cut-off grades, without highgrade cuts applied. Where aggregate intercepts incorporated short lengths of high grade results, theseresults were included in the reports.
Where aggregate intercepts incorporate short lengths of highgrade results and longer lengths of low grade results, theprocedure used for such aggregation should be stated andsome typical examples of such aggregations should be shownin detail. Since 2014, KIN have reported RC drilling intersections with low cut off grades of >= 0.5 g/t Au and amaximum of 2m of internal dilution at a grade of <0.5g/t Au.There is no reporting of metal equivalent values.
The assumptions used for any reporting of metal equivalentvalues should be clearly stated.
Relationship betweenmineralisation widths and These relationships are particularly important in the reportingof Exploration Results. The orientation, true width, and geometry of mineralised zones have been primarily determined byinterpretation of historical drilling and continued investigation and verification of KIN drilling.
intercept lengths If the geometry of the mineralisation with respect to the drillhole angle is known, its nature should be reported. Drill intercepts are reported as downhole widths not true widths.Accompanying dialogue to reported intersections normally describes the attitude of mineralisation.
If it is not known and only the down hole lengths are reported,there should be a clear statement to this effect (eg 'down holelength, true width not known').
Diagrams Appropriate maps and sections (with scales) and tabulations ofintercepts should be included for any significant discoverybeing reported These should include, but not be limited to aplan view of drill hole collar locations and appropriate sectional Appropriate maps and sections are included in the main body of this report.

Criteria •JORC Code explanation Commentary
views.
Balanced reporting Where comprehensive reporting of all Exploration Results is notpracticable, representative reporting of both low and high Public reporting of exploration results by KIN and past tenement holders and explorers for the resourceareas are considered balanced.
grades and/or widths should be practiced to avoid misleadingreporting of Exploration Results. Representative widths typically included a combination of both low and high grade assay results.
All meaningful and material information relating to this mineral resource estimate is or has been previouslyreported.
Other substantive explorationdata Other exploration data, if meaningful and material, should bereported including (but not limited to): geological observations;geophysical survey results; geochemical survey results; bulksamples –size and method of treatment; metallurgical testresults; bulk density, groundwater, geotechnical and rockcharacteristics; potential deleterious or contaminatingsubstances. Since 2018, a campaign of determining Bulk Densities has been undertaken. The water displacementmethod is used on drill samples selected by the logging geologist. These measurements are entered intothe logging software interface and loaded to the Datashed database.
Further work The nature and scale of planned further work (eg tests forlateral extensions or depth extensions or large-scale step-outdrilling). KIN intend to continue exploration and drilling activities at in the described area, with the intention toincrease the project's resources.
Diagrams clearly highlighting the areas of possible extensions,including the main geological interpretations and future drillingareas, provided this information is not commercially sensitive.