KIN – Kin Mining | Aussie Stock Forums

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I just took a look at KIN’s Quarterly Activities Report (released yesterday) after seeing a share price jump today and noticed that they have increased the Mineral Resource at the Cardinia Gold Project to 1.23Moz. Measured and Indicated components increased by 15% to 17.0Mt at 1.39g/t Au for 762,000oz.

Previous assay results have been impressive, with very good grades and much of it under 100m from the surface. Some is even at the surface.

Company is cashed up. At the end of the June Quarter 2021, KIN had $7.443 million cash on hand.

It has a huge 657km2 land-holding across the under-explored Minerie Greenstone Belt. At the moment they have focused their exploration efforts completely on the Cardinia Gold Project to try and unlock its full potential.

There seems to be a lot to like about Kin Mining and it could even be a takeover target for a larger mining company looking to acquire some juniors with real potential.

 

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