Kingston Says Issue at NSW Mine Deferred Production of Gold into Fiscal H2

MT Newswires Live

01/22

Kingston Resources (ASX:KSN) said a geotechnical issue at its Mineral Hill mine in New South Wales required a pit redesign and additional waste movement, and deferred about 1,000 ounces to 1,200 ounces of gold production into the fiscal second half, according to a Thursday filing with the Australian bourse.

Shares of the company fell 19% at market close.

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