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Kingston Resources Limited (ASX:KSN)

ALERT: Price-sensitive ASX Announcement for KSN
Current share price for KSN : $0.035 0.001 (2.94%)+
Announcement
Release
24 Jun 2026 9:14AM
Price at Release
$0.034
Full Release
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Summary
Kingston Resources Limited has reported a significant update to the Mineral Resource Estimate for the Southern Ore Zone (SOZ) at Mineral Hill, with a 50% increase in resource tonnage from 4.36Mt to 6.54Mt. This growth is attributed to the completion of 26 drill holes and the validation of the company's geological model. The Mineral Hill Resource base has grown to 12.1Mt, with contained metal now estimated at 873koz at 2.2g/t AuEq or 323kt at 2.7% CuEq. The increase in measured and indicated resources by 38% to 3.05Mt provides a platform for future Ore Reserve conversion, supported by ongoing drilling efforts projected to further expand the resource base. Kingston intends to conduct extensive drilling and plans to enhance its processing capacity to support future production growth.
Key Points
  • 50% increase in SOZ Resource from 4.36Mt to 6.54Mt.
  • Measured and Indicated tonnage increased by 38% to 3.05Mt.
  • Inferred Resource tonnage increased by 62% to 3.49Mt.
  • Total Mineral Hill Resource tonnage increased to 12.1Mt.
  • Contained metal estimated at 873koz at 2.2g/t AuEq or 323kt at 2.7% CuEq.
  • 26 drill holes completed confirming and extending the geological model.
  • Ongoing drilling with 25,000m planned over the next 12 months.
  • Focus on converting resources to higher-confidence categories.
  • Potential plant expansion to support increased production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.