EXPLORATION & DEVELOPMENT

Merton's Reward, Australia: 1m grading 22.5gpt within 3m at 8gpt from 55m (MR16RC027)

Kin Mining (ASX: KIN) managing director Trevor Dixon is optimistic new drill results at the company's Leonora gold project in Western Australia highlight the potential for extending a JORC resource of 722,000oz underpinning a proposed 45,000-50,000 mine. Kin is working on the pre-feasibility study and expects to wrap up the definitive FS in the first half of 2017.