Kingston Resources Ltd - Kingston Appoints Highly-Regarded Australian Mining Executive Mick Wilkes as Chairman
Kingston Resources Ltd (ASX:KSN)

Kingston Appoints Highly-Regarded Australian Mining Executive Mick Wilkes as Chairman

Highlights

Appointment comes as Kingston prepares to make the transition to Asia-Pacific gold developer at the large-scale Misima Project in PNG.

On the back of their PFS results, Kingston Resources (ASX: KSN) has appointed highly experienced Australian mining executive Mick Wilkes as non-executive Chairman. Mr Wilkes, who has been a non-executive Director of Kingston since July 2018, will succeed Anthony Wehby, who will remain on the Board as a non-executive Director.

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Paving the way for next stage of development

The Board transition comes as Kingston completes an economically robust Pre-Feasibility Study (PFS) and maiden Ore Reserve for its flagship Misima Gold Project in PNG (see separate ASX announcement today), paving the way for the next stage of its development as a substantial new mid-tier gold producer in the Asia- Pacific.

An impressive track record

Mr Wilkes is an experienced mining professional with over 35 years’ experience in the industry specialising in project development, construction, and operations.

He has been responsible for the successful greenfield development of four major gold and copper mines, each creating substantial value for shareholders, local communities and Governments with aggregate annual production of over 600koz of gold and 200kt of copper.

He was most recently the President and CEO of Canadian and Australian-listed OceanaGold Corporation, as well as a member of the Board Administration Committee for the World Gold Council. He is currently a member of the Advisory Board for the Sustainable Minerals Institute at the University of Queensland.

Managing Director's Summary

Andrew Corbett

We are very pleased that Mick has accepted the role of Chairman. Mick’s mine building experience is world leading, making him ideally suited to lead the transformation of Kingston from explorer to developer now that we have delivered our PFS. I would also like to acknowledge the outstanding efforts of our outgoing Chairman Mr Anthony Wehby, who has led Kingston admirably through the early phase of its development path. Anthony has been central to instilling a strong set of core values into how Kingston operates and has always led by example. We are grateful that he will continue to be involved as non-executive Director.

Andrew Corbett
Managing Director, Kingston Resources Ltd

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