Kingston Resources updates Mineral Hill’s mine life, flags $6.5 million raise

News release
by
Kingston Resources Ltd
Melbourne, Victoria
|
June 28, 2023 11:15 AM Eastern Daylight Time
Kingston Resources Ltd (ASX:KSN) managing director Andrew Corbett brings Proactive’s Elisha Newell up to speed on a new life of mine plan for the Mineral Hill gold camp in central NSW. The revitalised plan forecasts production through to mid-2027 and estimates the mine’s total gold output at 123,000 ounces. Kingston is also out to raise a A$6.5 million war chest to cement its position in the Cobar Basin and Corbett says the team is “hugely excited” to take the next steps in scaling operations.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744