Kin Mining NL reported assay results from the remaining 17 Reverse Circulation (RC) drill holes completed at its Mount Flora Project, located 20km east of the 100%-owned 1.28Moz Cardinia Gold Project (CGP) near Leonora in Western Australia. The assays complete the results from a 25-hole RC drilling program completed in November 2021 to enhance the Company's understanding of the primary mineralisation below previously reported high-grade air-core (AC) results and to test the proposed geological model developed using information from the highly successful deeper diamond drill hole, MF21DD001. Of the RC results, MF21RC017 returned a broad intercept of 18m at 1.57g/t Au from 119m including 4m at 2.23g/t Au from 119m and 2m at 5.65g/t Au from 135m, from a zone located up-dip from the diamond hole
intersection of 5.3m at 6.49g/t from 188.3m (MF21DD001). This broad intersection was within an extensive zone of sulphide mineralisation and pervasive scheelite veining. In addition, several holes intersected relatively narrow zones of high-grade gold mineralisation such as 2m at 4.06g/t Au from 31m, 2m at 9.67g/t Au from 78m and 2m at 4.34g/t Au from 97m along strike from the high- grade results recorded in initial AC and diamond drilling, indicating that a core of high-grade mineralisation is present at the Eastern target. At the Northern Target, narrow zones of high-grade mineralisation such as 6m at 2.00g/t Au from 45m and 1m at 25.5g/t Au from 86m have provided an initial assessment of the potential below this shallow target. Confirmation of the presence of a high-grade primary gold system beneath the air-core drilling at both the Eastern and Northern target is a significant development, providing further confidence in the potential of
the emerging Mt Flora discovery. These zones of deeper high-grade mineralisation display a distinctive style of alteration, with quartz-
carbonate-pyrite-scheelite veining present in a silica-biotite altered basalt. The mineralisation is rich in tungsten (W) with elevated tellurium (Te) and sulphur (S), which are pathfinder elements being used to map the alteration system. Overall, the combination of soil geochemistry, AC drilling, diamond drilling and now the primary mineralisation returned from RC drilling all confirm the discovery of several zones of strong gold mineralisation associated with a regional structure, coupled with a distinctive alteration signature. The Mount Flora prospect remains as one of several satellite exploration targets being explored by the Company's geological team alongside its asset, the 1.28Moz Cardinia Gold Project. RC Drilling: RC drilling totaling 3,169m in 25 holes was completed in November 2021. Assay results for the final 17 holes (2,083m) are reported in this announcement. The RC drilling was focused on the Eastern Zone and was
completed mostly on 80m spaced and 40m spaced sections spanning approximately 600m of strike length. An additional two RC drill-holes were completed beneath anomalous AC drilling results at the Northern Zone. Highlights: Assays received for the remaining 17 RC drill holes targeting the primary zone at Mt Flora, with results including: 2m at 9.67g/t Au from 78m and 2m at 4.34g/t Au from 97m (MF21RC019) - 1m at 25.5g/t Au from 86m (MF21RC003) - 2m at 4.06g/t Au from 31m (MF21RC013) - 1m at 7.58g/t Au from 63m (MF21RC022); and 6m at 2.00g/t Au from 45m (MF21RC002). Gold mineralisation is associated with quartz-scheelite veining and sulphide mineralisation and biotite-silica alteration, providing an increased understanding of the controlling structures on mineralisation at Mt Flora. Mt Flora interpreted to comprise multiple east dipping, north striking lodes extending off the main regional north-east striking Federation Fault. Results for the final batch of RC holes support initial results from the first eight RC holes: 18m at 1.57g/t Au from 119m (MF21RC017) including 4m at 2.23g/t Au from 119m and 2m at 5.65g/t Au from 135m; and 22m at 0.86g/t Au from 102m (MF21RC026) including 3m at 2.40g/t Au from 102m and 2m at 2.35g/t Au from 122m.