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DRILL BITS Exploring together for success bostech.com.au

Kin ready to sprout with Boulder and Whistler. The resource update is expected before
Mt Flora discovery year’s end.
Assay results from a recently completed 22,000m aircore
Kin Mining NL has reported what it believes is a significant new
programme which tested several early-stage targets proximal to
discovery only 20km east of its main Cardinia gold project.
the existing resource areas are also imminent.
Diamond drilling to test the primary zone beneath recent aircore
results at Mt Flora has intersected two zones of sulphide
mineralisation. These zones are interpreted to be down-plunge australasian’s encouraGinG start
extensions to previously reported hits of 22m @ 8.96 g/t gold and at May Queen
8m @ 2.79 g/t gold.
Australasian Gold Ltd has confirmed the presence of high-
Kin managing director Andrew Munckton said the company now
grade gold mineralisation from maiden drilling at its May Queen
had “sufficient confidence” to suggest Mt Flora was a significant gold project in Queensland.
new gold discovery.
The programme, combined with some rock chip sampling,
“While assays are awaited for the diamond drill hole, visual
delivered encouraging initial results which indicated the potential
inspection of the core shows that it has successfully intersected for a gold-copper porphyry system within the project area.
the interpreted down-plunge extension of two zones of high-grade
mineralisation seen in aircore drilling,” he said. “This suggests
that there is a significant primary gold system beneath the 700m
long, near-surface eastern zone mineralisation. Further work is
required to test beneath the 400m long north-western zone.”
Newly reported results include 4m @ 1.01 g/t gold from 48m
and 4m @ 1.02 g/t gold from 24m. In addition, the company has
also completed a diamond hole beneath the high-grade results
received from the eastern zone.
RC and diamond drilling will resume in October, the company
saying the programme would lay the foundations for a maiden Australasian Gold has completed its maiden drilling campaign at
resource estimate. the May Queen project, Queensland

Gateway resuMes resource drillinG Surface rock chip sampling returned grades up to 2.66 g/t gold
and 3.43% copper, while diamond drilling revealed alteration
at GidGee assemblages and zonation which are indicative of porphyry

Gateway Mining Ltd has begun a new 4,000m RC drilling alteration that will guide future exploration. Best hits included
programme chasing northern extensions to the Evermore 6m @ 1.99 g/t gold from 35m and 1m @ 9.39 g/t gold from 68m.
discovery at Gidgee. Australasian now plans to undertake additional geophysical
The programme is also designed to infill about 350m of the surveys, including an IP survey, to define potential silica-
northern strike of the Achilles North prospect in order to extend enriched areas with possible disseminated sulphides. Results
the footprint ahead of the upcoming maiden resource estimate will assist the company with a follow-up RC programme to be
for the Murchison-based project. undertaken in the coming months.
Drilling will be completed by mid-October with the results to Meanwhile, the company has started exploration activities at its
feed into the current resource estimation being undertaken for Mt Peake lithium project in the Northern Territory where it sees
five key deposits at Gidgee, including updates for Montague- potential for a significant discovery in a known pegmatite field.

Exploring together for success

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