Australia

Kin Mining directors increase their stake by participating in rights issue

Kin Mining NL (ASX:KIN) directors have increased their stake in the company by participating in a rights issue at a price of 3.5 cents per share.

Kin recently received positive assays from a regional rock chip sampling program at its Cardinia Gold Project (CGP), which highlighted volcanogenic massive sulphide (VMS)-style mineralisation in the projects surrounding regions.

The returned assays from the October 2019 sampling program featured standout gradings such as 895 g/t and 277 g/t gold.

Kin said ironstone and sulphidic sediment samples from the 87-sample campaign had produceRead More – Source

Related Articles

Back to top button