Kingston Resources Ltd - High-grade Ewatinona channel sampling delivers results of up to 28m at 8g/t Au
Kingston Resources Ltd (ASX:KSN)

High-grade Ewatinona channel sampling delivers results of up to 28m at 8g/t Au

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Highlights

What's happened?

Kingston Resources Ltd (ASX:KSN "Kingston") has announced further outstanding high-grade channel sampling results from the Ewatinona deposit, located within the Quartz Mountain area at the Company’s 2.8Moz Misima Gold Project in PNG.

What are the key highlights?

  1. Results include: a) 70m @ 4.99g/t Au including 28m @ 8.08g/t Au and including 6m @ 15.58g/t Au. b) 12m @ 3.67g/t Au. c) 4m @ 10.96g/t Au. d) 6m @ 3.85g/t Au.
  2. These outstanding results come from one 200m long continuous channel situated in the north-west corner of the existing Ewatinona Pit which followed the contour of the bench wall.
  3. These channel samples were designed to confirm the location of the mineralised structures that trend NNWNW through the pit. The high-grade results are extremely encouraging and confirm the geometry of the interpreted mineralised trends, as well as the tenor of gold mineralisation in the western section of the Resource.

file

For further details, please refer to the announcement linked below.

Managing Director's Summary

Andrew Corbett

"70m @ 4.99g/t Au is a spectacular result from the channel sampling in the Ewatinona Pit. These results help confirm the geological interpretation and grade distribution of the Western Ewatinona area. Importantly, these results also increase our confidence in Ewatinona as our preferred starter-pit area as they demonstrate the presence of high-grade gold mineralisation in the pit floor that is waiting to be mined. Assays are pending for drill holes that test the westerly extent of the Resource within the same mineralised trend that hosts these exceptional high-grade channel samples. The updated Misima Resource will include an update at Ewatinona which will factor in results from the recent drilling that the Company was able to conclude before suspending exploration activities in late March. We anticipate being able to announce the updated Resource this quarter."

Andrew Corbett
Managing Director, Kingston Resources Ltd
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