Kin Mining NL (ASX: KIN or Company) is pleased to announce the first assay results from the aircore (AC) drilling program at the Cardinia Gold Project (CGP).

The results have identified large new zones of mineralisation at Cardinia Hill and Lewis East with further results from Lewis East and three other prospects drilled expected by early February 2020. All targets drilled are located within 5 kilometres of the proposed Cardinia processing plant site.

The AC drilling results have been received from part of the drilling program completed in December 2019. The program consisted of 7,881 metres of AC and 880 metres of Reverse Circulation (RC) drilling across six key target areas. The targets are prospective for gold-rich volcanogenic massive sulphide (VMS) mineralisation and epithermal vein-hosted gold mineralisation. Refer ASX announcement 4 December 2019.

Commenting on the initial CGP drill results, Managing Director Andrew Munckton said: 'These encouraging early results from Cardinia Hill and Lewis East support our exploration objective of identifying new zones of mineralisation with potential to enhance the current CGP mine plan as outlined in the Pre-Feasibility Study completed in mid-2019.

'Cardinia Hill and Lewis East appear to be two large scale zones of mineralisation which remain open and warrant follow-up drilling, expected later in the current March quarter 2020. The close proximity to the processing plant site only serves to further enhance the results. We look forward to reporting the remainder of the assay results in early February 2020.'

The prospects drilled were generated by a process of target generation undertaken since the middle of 2019, including rock chip sampling around areas of historic workings which returned grades as high as 277g/t and 895g/t gold (refer to ASX announcement dated 4th November 2019).

Contact:

Andrew Munckton

Tel: +61 8 9242 2227

About Kin Mining NL

Kin Mining NL (ASX: KIN) is a West Australian based gold development and exploration company. Kin's key focus is its 100% owned Cardinia Gold Project (CGP) located in the highly prospective North-Eastern Goldfields region of Western Australia. The CGP has an 841koz1 gold Mineral Resource defined in both supergene and deeper primary mineralisation with considerable potential to grow this resource with further drilling.

FORWARD-LOOKING STATEMENTS

This release contains 'forward-looking information' that is based on the Company's expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the feasibility and definitive feasibility studies, the Company's' business strategy, plan, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and operational expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as 'outlook', 'anticipate', 'project', 'target', 'likely',' believe', 'estimate', 'expect', 'intend', 'may', 'would', 'could', 'should', 'scheduled', 'will', 'plan', 'forecast', 'evolve' and similar expressions. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to the risk factors set out in the Company's Prospectus dated October 2014.

This list is not exhausted of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. The Company disclaims any intent or obligations to revise any forwardlooking statements whether as a result of new information, estimates, or options, future events or results or otherwise, unless required to do so by law. Statements regarding plans with respect to the Company's mineral properties may contain forward-looking statements in relation to future matters that can be only made where the Company has a reasonable basis for making those statements. This announcement has been prepared in compliance with the JORC Code 2012 Edition and the current ASX Listing Rules. The Company believes that it has a reasonable basis for making the forward-looking statements in this announcement, including with respect to any mining of mineralised material, modifying factors and production targets and financial forecasts.

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