Kin Mining NL announced that Reverse Circulation (RC) and diamond drilling completed towards the end of last year at its 100%-owned 1.4Moz Cardinia Gold Project (CGP) near Leonora in Western Australia has confirmed a significant new high-grade exploration opportunity along the Eastern Corridor. RC drilling extending south along the Helens East Fault from the shallow Fiona deposit has intersected a strongly mineralised zone of vein-style quartz-sulphide mineralisation over a strike length of approximately 500m south associated with the Helens East Fault position. In addition, diamond drilling extending south from the Rangoon deposit, has intersected narrow, high-grade lode style mineralisation along the Helens-Rangoon Fault, confirming the continuation of higher grade sulphide mineralisation between Helens and Rangoon.

The Helens East Fault appears to be a second significant mineralised structure, running parallel to the Helens-Rangoon Fault, which forms part of the Eastern Corridor series of deposits at Cardinia. The Eastern Corridor has been a major focus for Kin's exploration activities over the past 12-18 months. As part of its ongoing exploration and growth program at the CGP, Kin Mining recently completed a 5-hole diamond drilling program, for a total of 960m (three holes were diamond tails) to confirm the extent of the high-grade mineralisation intersected at the southern end of Rangoon associated with the Helens-Rangoon Fault.

Hole RN22DD082 did not reach target depth. The Helens-Rangoon Fault represents a significant mineralised structure located below the Helens and Rangoon deposits which trends north-south. Each drill-hole has intersected the mineralised, steeply-dipping Helens-Rangoon Fault and demonstrates that the structure remains open at depth and along strike.

The Helens-Rangoon Fault is one of a series of N-S oriented faults that control the distribution of +5.0g/t Au mineralisation across the Eastern Corridor at Cardinia. Other parallel faults, which have significantly less drilling than Helens-Rangoon, also host near-surface expressions of +5.0g/t Au mineralisation including deposits at Helens East, Fiona and Cardinia Hill. New intersections join previously intersected high-grade mineralisation along the Helens-Rangoon Fault.

Previously reported intersections include: 32m at 2.98g/t Au from 129m including 12m at 5.62g/t from 129m; and 12m at 2.25g/t from 149m (RN22RC161); 15m at 3.03g/t Au from 162m (RN22RC162) and 7m at 2.77g/t Au from 76m (RN22RC166). A longitudinal projection of the Helens-Rangoon Fault showing the Helens and Rangoon Mineral Resource position and recent drilling results. Significant recent drilling results from Rangoon and the location of recent drill-hole IP22DD001 is illustrated, showing a series of north-plunging high-grade shoots of gold mineralisation over a structure confirmed to be mineralised over 3.0km of strike length.

Cross section B-B' showing the extent of high-grade mineralisation and orientation of the mineralisation relative to the position of the Helens-Rangoon Fault. Kin Mining recently completed a 17-hole RC drilling program to confirm the extent of the high-grade mineralisation intersected along the Helens East Fault south of the Fiona deposit. The Helens East Fault represents a second significant mineralised structure, located approximately 200m east of and parallel to the Helens-Rangoon Fault.

The Helens East Fault is interpreted to intersect the Helens-Rangoon Fault at depth. Assays have been returned for 9 of the 17 holes with significant intersections. Drill-hole location details are summarised.

The significant intersection in HE22RC039 (2m @ 24 g/t from 204m) is characterised by logged pyrite as 2% and moderate quartz. The results received to date have confirmed the extension of high-grade mineralisation below and to the south of the Fiona deposit and the discovery of new, steep west-dipping lodes of quartz sulphide mineralisation that sit on the Helens East Fault. The strike length of the high-grade mineralised structure intersected to date, inclusive of the near-surface Fiona deposit, is approximately 1000m and remains open in all directions.

The recent RC drilling program has confirmed west-dipping, narrow high-grade lodes and it is interpreted that Helens East fault mineralisation is sourced from the east-dipping Helens-Rangoon Fault at depth, adding to the attraction of the depth extensions of Helens East. Importantly, the Helens East Fault has been mapped at surface for approximately 1,800m of strike length extending south of the recent drilling parallel to the Helens-Rangoon Fault. This southern extension of the Helens East Fault corresponds to a significant surface soil anomaly and remains untested by drilling.

A longitudinal projection of the Helens East Fault showing the Fiona Mineral Resource position and recent drilling results. Significant recent drilling results from Helens East include 7m at 24.7 g/t (HE22RC022), 8m at 6.83 g/t (HE17RC026) and 7m at 5.99g/t (HE17RC099) are illustrated showing a series of north-plunging high-grade shoots of gold mineralisation over a structure confirmed to be mineralised over 1000m of strike length. Cross-section 6815200N showing the extent of high-grade mineralisation and orientation of the mineralization relative to the position of the Helens East Fault.

New intersections join previous high-grade mineralisation along the Helens East Fault trend. Previously reported intersections include: 7m at 24.7g/t Au from 107m (HE22RC022); 3m at 5.38g/t Au from 108m (HE22RC030); · 2m at 6.50g/t Au from 33m (HE22RC033); 1m at 7.98g/t Au from 9m (HE22RC028); 1m at 5.20g/t Au from 32m (HE22RC025); 21m at 3.58g/t Au from 45m (HE20RC358) including 7m at 6.16 g/t Au from 58m; 8m at 6.83g/t Au from 22m (HE17RC026); 7m at 5.99g/t Au from 23m (HE17RC099); 15m at 3.50g/t Au from 32m (HE17RC082) and 17m at 2.53g/t Au from 4m (HE17RC044). Mineralisation within the Eastern Corridor is situated along a 2km wide north-south striking zone consisting of a number of distinct faults which pass through the area, cross-cutting stratigraphy and typically hosting high-grade gold-pyrite mineralisation.

The gold mineralisation is characterized by carbonate-sericite rich alteration zones with quartz veining, pyrite and a distinctive suite of pathfinder elements concentrated along the faults and at the contacts of strongly altered mafic and felsic rocks. High-grade gold mineralisation has been delineated at five deposits within the Eastern Corridor to date (Helens, Rangoon, Cardinia Hill, Fiona and East Lynne), which collectively hosts more than 315koz of generally shallow open pit material. These deposits are believed to represent the near-surface expression of an extensive, high-grade mineralized system that extends over an area of approximately 2km by 5km on the eastern side of the CGP.