Kingston Resources Ltd (ASX:KSN) has been granted a trading halt by the ASX with the release of a pre-feasibility study upcoming.
This halt will remain in place until the beginning of trade on Tuesday, November 24, 2020, or when an announcement is released to the market, whichever occurs earliest.
Environmental approvals process started
Earlier this month, Kingston submitted the environmental inception report (EIR) for its Misima Gold Project in PNG marking the formal start of the environmental approvals process.
With the submission of the EIR with the PNG Government’s Conservation and Environment Protection Authority (CEPA) for initial review, the company has passed a key milestone in its strategy to return the flagship Misima Gold Project to production.