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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.

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

Dixon said drill results, some from outside the planned openpit design, included 4m grading 3.2gpt (within 19m of 1.1gpt) from 27m; 1m at 10.9gpt from 60m ; 4m at 4.3gpt from 68m; and 1m at 11.