Kingston Resources achieves record gold sales from Mineral Hill
The rising gold developer is focused on two key projects in the Asia Pacific, with a definitive feasibility study for its flagship brownfields gold asset expected before year’s end.
Company
Kingston Resources Ltd
ASX:KSN
Kingston Resources Ltd (ASX:KSN) is a gold and copper company, operating the Mineral Hill mine in Cobar, NSW and advancing the 3.8Moz Misima Gold Project in PNG.
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Kingston Resources advances development studies and approvals for Misima Gold Project with resource estimates underway
Resource and reserve updates remain on track for the September quarter while DFS mine planning will begin upon finalisation of the updated Umuna block model.
Kingston Resources drilling at Misima delivers additional high-grade gold and silver assays
The initial phase of resource diamond drilling has been completed at Kulumalia, comprising 19 holes for 3,820 metres, with results to be incorporated into the Misima resource and reserve update expected in the September quarter.
Kingston Resources MD provides snapshot of gold projects to investors at Proactive Gold Webinar
The company recently moved to 100% ownership at the 3.6-million-ounce Misima Gold Project in PNG after completing all terms with its former joint venture partner Pan Pacific Copper Co Ltd.
Kingston Resources intersects further gold and high-grade silver mineralisation at Kulumalia
Resource infill drilling at Kulumalia returned high-grade silver assays which have potential to improve the economics of mining at Kulumalia due to the silver credits gained offsetting gold production costs.
Kingston Resources moves to 100% ownership of 3.6-million-ounce Misima Gold Project in PNG
The company believes the Misima Project offers potential for additional resource growth through exploration success targeting extensions and additions to the resource base.
Kingston Resources' latest drilling results confirm potential to upgrade existing 3.6 million ounce Misima gold resource
In-fill drilling has confirmed the continuity of gold mineralisation inside the production target pit shell and resource model, which is expected to contribute positively to the planned 2021 ore reserve update.
Kingston Resources strengthens PNG team to drive Misima Gold Project permitting
Geoff Callister will lead the preparation of an environmental impact statement (EIS) and mining lease application for the project and will implement social and community programs.
Kingston Resources positions itself for growth and success in 2021 after having a solid December quarter
The large-scale, high-quality reserve at Misima underpins Kingston’s value proposition and the company is confident about seeing greater market recognition in the months ahead.
Kingston Resources raises $13 million to drive 3.6-million-ounce Misima Gold Project towards development
The capital raise will fund development studies, approvals and extensional/infill drilling as Kingston advances its large-scale PNG gold project towards development.
Kingston Resources halted pending a capital raising announcement
The company is confident that ongoing positive drilling results will pave the way to upgrade the existing JORC 2004 resource of 50,000 ounces at the Livingstone Gold Project.
Kingston Resources delivers high-grade intercepts from Homestead prospect of Livingstone Gold Project
The company is confident that the positive drilling results pave the way to upgrade the existing JORC 2004 resource of 990,000 tonnes at 1.6 g/t gold for 50,000 ounces.
Kingston Resources takes big step to becoming low-cost, mid-tier gold producer with positive PFS for Misima in PNG
The company has also announced the appointment of non-executive director Mick Wilkes as non-executive chairman with effect from December 1, 2020.
Kingston Resources in trading halt with pre-feasibility study announcement upcoming
The company recently passed a key milestone in its strategy to return the flagship Misima Gold Project to production.
Kingston Resources begins key environmental approval process at PNG gold project
The company will formally present the environmental inception report (EIR) to authorities to seek their feedback and finalise the scope for the EIS for the Misima Gold Project.
Kingston Resources restarts diamond drilling at Misima Gold Project with two rigs remobilised
The 8,000-metre drilling program includes resource infill and extensional drilling at the south-eastern end of the proposed Umuna pit and follow-up drilling at Abi-Kila discovery.
Kingston Resources receives more strong gold results from Livingstone as drilling resumes
All results have now been returned for RC drilling at Kingsley with 48 of 50 holes returning intersections of at least 0.5 g/t gold.
Kingston Resources on-track to complete Misima Gold Project PFS next quarter
The company believes the PFS will benefit from extensive historical operating data, metallurgical test-work and geotechnical plans which also de-risk future development.
Kingston Resources mourns passing of PNG exploration project manager Chris Yobone
"Charles’s work reflected his honest character, always acting with the utmost integrity and engaging with others in a positive, understanding manner," Kingston stated.
Kingston Resources continues to deliver at Livingstone with new results of up to 31 g/t gold
The drill rig is set to complete an additional 1,000 metres of RC drilling at the Homestead deposit and the high-grade Winja prospect.