Kin Mining seeks to drive new business in Leonora gold region through new role By Proactive Investors

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Kin Mining seeks to drive new business in Leonora gold region through new role

Published May 31, 2023 10:11 Updated May 31, 2023 10:30

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Kin Mining seeks to drive new business in Leonora gold region through new role

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With the aim of driving business development activities for Kin Mining NL (ASX:KIN) in the Leonora region of Western Australia, the company has appointed experienced corporate executive Nicholas Anderson to the newly created role of executive director – Business Development.

Anderson, who has been upgraded from a non-executive role, will analyse opportunities and pathways for the company to add additional value for shareholders in the highly prospective Leonora gold district.

Mining and corporate experience

He has been a non-executive director of Kin Mining since July 2019 and has more than 20 years of experience across the mining and corporate finance industries.

Significantly for his new role, Anderson has a wealth of experience in corporate transactions, mergers and acquisitions, debt financing and management.

Help to “enhance strategic position”

Kin Mining managing director Andrew Munckton said: “Nicholas will work closely with Kin’s management team and our corporate advisors, Argonaut, to explore business development opportunities to build additional value for Kin shareholders.

"With the ongoing consolidation of the Leonora region and the increased levels of corporate activity in the gold sector, the board believes this appointment will help Kin enhance its strategic position in the region and assist the company’s management team to deliver our growth strategy.

“We believe Nicholas’ skills and experience will provide the company with important additional resources to take advantage of the opportunities in the region.”

Focus on CGP

Kin’s key focus is its 100%-owned Cardinia Gold Project (CGP) in the highly prospective North-Eastern Goldfields region of Western Australia.

The CGP has a 1.41-million-ounce gold mineral resource defined in oxide and deeper primary mineralisation with considerable potential to grow this resource with further drilling.

Kin’s exploration effort is the systematic program of exploration across the Cardinia Mining Centre that seeks to advance a number of targets in parallel while developing a pipeline of exploration targets for ongoing resource expansion.

Anderson said: “I am honoured to assist Kin during this exciting time in its history and look forward to delivering value for the company and its stakeholders.”

Read more on Proactive Investors AU

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