Kingston Resources Limited: Corporate Presentation - April 2018
Sydney - Kingston Resources Ltd. (ASX:KSN) provides the Company's latest Presentation.Misima Gold Project
- Kingston's flagship project is the world class 2.8Moz Misima Gold Project, one of the largest and highest quality undeveloped gold assets held by an ASX listed junior explorer
- Misima's low cost production history of 3.7Moz from 1989 to 2004 under Placer Pacific significantly de-risks future production
- KSN to complete its earn in to 70% by Q3 2018
Kingston's strategy is to:
- Extend and upgrade the current 2.8Moz resource before moving towards scoping studies
- Bring new high grade open pit discoveries into the project pipeline within the Misima area
Misima production advantage
Papua New Guinea
- Six major operating mines, producing Au, Ag, Cu, Co & Ni.
- PNG is currently 14th largest gold producer globally, 60 tonnes pa
- Proven, transparent and stable mining regulations and approvals process
Misima
- Polynesian culture
- Supportive local landowners
- Mining culture
o >100 FIFO mine workers
o Alluvial mining business
- Trained and experienced mine workers
Current Infrastructure
- Commercial airport, 3 flights per week
- Hospital, schools, banking
- Accommodation
- Two ports, deep and shallow water
- Power, hydro and diesel
Historic mining parameters
- < 400m above sea level
- Low strip
- Low cost Drill & Blast
- Large scale fleet
Proven metallurgy
- High recovery
- Free mill ore
- Course grind
- Low bond work index
- Low cost processing
To view the full presentation, please visit:
http://abnnewswire.net/lnk/4P8477OI
About Kingston Resources Limited:
Kingston (ASX:KSN) is a metals exploration company. Currently the Company's priority is the world-class Misima Gold Project in PNG, which contains a JORC resource of 2.8Moz Au, a production history of over 3.7Moz and outstanding potential for additional resource growth through exploration success. Kingston currently owns 49% of the Misima Gold Project and is earning in to 70%.
The Company also holds an attractive portfolio of lithium exploration tenements covering four key project areas in the Northern Territory, where the Bynoe Project is home to some exciting new discoveries and the Arunta Project lies within a significant pegmatite field. In addition, the Livingstone Gold Project holds a 50koz resource and is the site of a number of high grade historic intersections.
Contact:
Kingston Resources Ltd.
T: +61-2-8021-7492
E: info@kingstonresources.com.au
www.kingstonresources.com.au