Kingston Resources Ltd (ASX:KSN)

Livingstone continues to deliver with assays up to 31g/t Au

Highlights

What's happened?

Kingston Resources Ltd (ASX:KSN "Kingston") has reported additional high-grade assays from the 4,525m RC program underway at its Kingsley prospect within the Livingstone Gold Project, WA. Best intercepts from the results of these 25 holes (2,532m) include the following:

file

Source: Kingston Resources Ltd, ASX release, 14th September 2020

What are the key highlights?

Results from the remaining 13 holes (1,219m) due by the end of September.
RC drill rig due to mobilise to site by end of September to drill the Stanley target.
The rig will also complete an additional ~1,000m RC drilling program at the Homestead deposit and the high-grade Winja prospect.

file

Source: Kingston Resources Ltd, ASX release, 14th September 2020

For additional information please refer to the link to the ASX announcement below.

Managing Director's Summary

“We are continuing to see high grade intercepts within broader widths of significant mineralisation in this latest batch of assays, which is a very encouraging development. The drilling is confirming the continuity of shallow, high-grade gold mineralisation over a 1km strike length at the Kingsley Prospect. I am looking forward to receiving the remaining results in the coming weeks which will allow us to start work on a maiden JORC compliant Mineral Resource Estimate (MRE). I am also looking forward to getting back into drilling at Livingstone with a rig due back on site by the end of the month to conduct the co-funded drilling at the Stanley target and to undertake further drilling at the Homestead Deposit, which hosts an historic shallow 49,900oz Au (JORC 2004) Inferred Resource, as well as at the high-grade Winja prospect. Our ongoing exploration program at Livingstone will run concurrently with ongoing mining studies at the flagship 3.2Moz Misima Gold Project in Papua New Guinea, where we continue to make positive progress."

Andrew Corbett

Managing Director, Kingston Resources Ltd

Ask Andrew Corbett a question...

Download Announcement

View this announcement as well as our full profile on the company.

View Announcement

View KSN's Full Profile

How do I invest?

Considering investing in Kingston Resources Ltd?
Here's how to get started.

1

Create account

Open an account with an online broker of your choice. If you do not have an existing broker, consider Vested Equities' A$9.50 flat fee platform.
Sign up now »
2

Search for ASX:KSN

On your online investment platform search for the stock ticker code ASX:KSN to bring up the company's shares.
3

Buy shares

Place your order however you wish. If you need advice on buying or selling, you should seek the assistance of a full service financial adviser experienced in small cap equities.

Trade for $9.50