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Kingston Resources Ltd.
Summary
| Project: | Livingstone | |
|---|---|---|
| Deposit: | Kingsley, Dampier | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-7-2018: Kingston Resources Ltd. announces an Exploration/Drilling Update report for its Kingsley, Dampier deposit at the Livingstone project. Drilling results incl. 24m @ 1.40g/t Au from 32.0m. Kingston Resources Limited (Kingston or the Company) is ple | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Paterson (Internal) | |
| ABSTRACT: | Kingston Resources Limited (Kingston or the Company) is pleased to advise that preliminary assays have now been received for the first round of reconnaissance drilling in the Livingstone’s Find area. This air-core drilling program, the first in the area for more than 20 years, was co-funded by the WA Government’s Exploration Incentive Scheme. Drilling has highlighted the potential of the main line of historic workings, with mineralisation defined over a strike length of 2.2km and composite assay grades as high as 7.01g/t Au1 . Importantly, gold has been identified up to 850m west of the historic shafts and the prospect remains open along strike, greatly increasing the possible size of the mineralised zone. Surface sampling by Kingston around the old workings in late 2016 returned individual assays of up to 75g/t2 , further highlighting the high-grade potential of the area. This prospect area, which was previously known as Mt Seabrook 1 and 2, has been renamed Kingsley. Northwest of Kingsley a new area of gold mineralisation has been confirmed by drilling at the Dampier prospect. Dampier, first identified in auger sampling by Kingston, is now approximately 500m long with mineralisation open along strike to the west and east. Comments from Andrew Corbett, Managing Director: “These initial results are a great start to our exploration around Livingstone’s Find. It’s a big area with geochemical anomalies over 5km of strike, so we have a lot more drill testing to do. Getting grades like this in our first round of air-core drilling is a fantastic start.” | |
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