Kingston Resources Says Underground Drilling at New South Wales Mine Confirms Geological Interpretation, Mineralization Tenor; Shares Jump Over 4%

MT Newswires Live

Dec 10

Kingston Resources (ASX:KSN) said underground drilling at the Southern Ore zone at the Mineral Hill copper-gold mine in New South Wales returned high-grade gold and copper assays, confirming geological interpretation and tenor of mineralization, according to a Wednesday Australian bourse filing.

It encountered intercepts of 1.4 meters at 16.33 grams per tonne grade of gold, as well as 2.88% grade of copper from 114.6 meters and 4.25 meters at 12.08 grams per tonne grade of gold, as well as 1.19% grade of copper from 10.75 meters.

The firm's shares jumped 4% in recent trading on Wednesday.

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