Misima Gold Project - Awakening the Sleeping Giant

Corporate Presentation
Corporate Presentation
Sydney, April 18, 2018 AEST (ABN Newswire) - Kingston Resources Limited (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%.

In addition, Kingston owns 75% of the Livingstone Gold Project which holds a 50koz resource and is the site of a number of high grade historic intersections.

 


Contact

Kingston Resources Limited
T: +61-2-8021-7492
E: info@kingstonresources.com.au
WWW: www.kingstonresources.com.au



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