The Kinzan Project is an orogenic gold deposit situated 11 km northeast of Grenfell in the highly prospective Lachlan Fold Belt, a region renowned for hosting world-class Cu-Au deposits. 

Gold mineralisation at Kinzan is hosted in a quartz stockwork within a rhyolitic tuff unit up to 7 metres wide. The host unit outcrops at surface, occurs as multiple horizons and currently extends along strike for approximately 2 km. Multiple historical workings and shafts are present along this corridor, providing further evidence of the long-standing recognition of Kinzan’s potential.

The project currently stands at 40,000 ounces of gold (JORC 2012 Inferred Resource), with mineralisation remaining open both along strike and at depth. With the average grade of the deposit at 1.7 g/t Au and its shallow nature, the project remains very prospective. Some drilling highlights include:

• 9.1m @ 3.2g/t Au (including 0.5m @ 22.8g/t) from 9.9m 
• 5m @ 5.18g/t Au (including 1m @ 20.1g/t) from 39m
• 7m @ 3.33g/t Au (including 1m @ 14.85g/t) from 15m
• 6m @ 3.80g/t Au (including 2m @7.18g/t) from 23m 
• 7m @ 3.10g/t Au (including 1m @ 16.1g/t) from 22m 

Kinzan remains highly promising beyond the main lode. Multiple additional targets have been identified around the project area, offering strong potential for further discoveries. Importantly, the project already benefits from a Micromine 3D model, which provides a strong technical foundation for extending resources and guiding future drilling. An upcoming drill program is designed to test depth and strike extensions, as well as additional targets identified across the project area.