Kin Mining NL (ASX:KIN) talks Leonora Gold Project, December 2017

Interviews

by Jessica Amir

Kin Mining NL (ASX:KIN) Managing Director, Don Harper provides an update on the company's Leonora Project including funding from Canadian, Sprott Private Resource Lending.

Highlights:


- On path to gold production in Western Australia with its Leonora Gold Project
- Leonora Gold Project in 'blue chip tier 1 location, surrounded by St Barbara Ltd (ASX:SMB) Dacian Gold Limited (ASX:DCN)
- Planning to be a mid-tier gold producer in five years with its clear path to production
- Won 'Best Emerging Company, Diggers and Dealers' award
- Secured a second hand processing plant for $2.5 million, that's capable of processing 800,000 tonnes per year
- $168 million in free cash flow after expenses, average production rate of 55,000 ounces per year (peaked at 60,000)
- $35 million capex 

Jessica Amir

Finance News Network
Jessica is a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.