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Kingston Resources Limited (ASX:KSN)

ALERT: Price-sensitive ASX Announcement for KSN
Current share price for KSN : $0.037 0.004 (12.12%)+
Announcement
Release
9 Jul 2026 8:25AM
Price at Release
$0.033
Full Release
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Summary
Kingston Resources Limited has announced the successful extension of the Southern Ore Zone (SOZ) at its Mineral Hill site, enhancing the high-grade mineralization in this area. The drilling results have confirmed the growth of the high-grade, polymetallic Upper A Lode and the Au-Cu rich G/H Lode. Kingston is focused on expanding its resource base and increasing production capacity at Mineral Hill, with plans for a substantial drilling program in FY27 to further explore and develop the site. The company aims to establish itself as a mid-tier gold and base metals producer, with a diversified revenue stream supported by polymetallic production. Continued exploration and development efforts are anticipated to provide stable cash flows despite fluctuating commodity prices.
Key Points
  • Drilling extends Southern Ore Zone (SOZ) in two directions
  • High-grade mineralization confirmed in Upper A Lode
  • KSNDDH079 extends Au-Cu rich G/H Lode
  • KSNDDH068 and KSNDDH069 confirm high-grade mineralization
  • SOZ produces multiple metal concentrates and doré
  • Kingston aims to grow resources and reserves at Mineral Hill
  • Extensive drilling program planned for FY27
  • Drilling targets extensions and new discoveries
  • Company plans to establish as a mid-tier gold and base metals company
  • Emphasis on stable cash flow through polymetallic 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.