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Kingston Resources Ltd.

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Summary

Project:

Misima

Deposit:Ewatinona
Location:Papua New Guinea
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:8/26/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:26-8-2019: Kingston Resources Ltd. announces an Exploration/Drilling Update report for its Ewatinona deposit at the Misima project. Drilling results incl. 15.7m @ 1.6g/t Au, 3.8g/t Ag, 111pmm Cu, 1798ppm Pb, 2277ppm Zn from 40m. Kingston Resources Limited
Resources:(Resource, I+I): 82.3Mt @ 1.1g/t Au, 5.3g/t Ag at Misima
CP/QP:[Overall Report]: Stuart Rechner (Internal)
ABSTRACT:Kingston Resources Limited (ASX: KSN) (Kingston or the Company) is pleased to report that the final drill hole from confirmatory drilling at the key Ewatinona deposit has delivered highly encouraging results, adding to prior Ewatinona drilling results which confirmed the presence of high-grade gold mineralisation outside the existing Resource area. Ewatinona is located within the Quartz Mountain area of the 2.8Moz Misima Gold Project and contains a JORC 2012 Inferred Resource of 6.6Mt at 1.0g/t Au for 220,000oz Au1 . It is one of a number of areas to be drilled this year as part of an ongoing exploration program aimed at defining shallow, high-grade gold mineralisation with the potential to contribute early ounces to future mining studies. Placer historically mined gold and silver from the Ewatinona, Kobel and Maika pits, producing a combined 147,000oz @ 1.77g/t Au2 . The current Ewatinona Resource is located less than 2km from the historical mill site.

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