Kingston Resources updates Mineral Hills mine life, flags $6.5 million raise

Kingston Resources updates Mineral Hills mine life, flags $6.5 million raise

–News Direct–

Kingston Resources Ltd (ASX:KSN) managing director Andrew Corbett brings Proactives 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 mines 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

Jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/kingston-resources-updates-mineral-hills-mine-life-flags-6-5-million-raise-546387899

Kingston Resources Ltd

comtex tracking

COMTEX_436124304/2655/2023-06-28T11:15:11

Post Disclaimer

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No DigiShor journalist was involved in the writing and production of this article.

Categories

June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930