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Kingston Resources Ltd.
Summary
| Project: | Misima | |
|---|---|---|
| Deposit: | Misima | |
| Location: | Papua New Guinea | |
| Commodities: | Gold | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-4-2019: Kingston Resources Ltd. announces an Exploration/Drilling Update report for its Misima deposit at the Misima project. Drilling results incl. 10.0m @ 1.20g/t Au from 8.0m. Kingston Resources Limited (Kingston or the Company) is pleased to provid | |
| Resources: | (Resource, I+I): 82.3Mt @ 1.1g/t Au, 5.3g/t Ag | |
| CP/QP: | [Overall Report]: Andrew Paterson (Internal) | |
| ABSTRACT: | Kingston Resources Limited (Kingston or the Company) is pleased to provide an update on current exploration activity at its flagship 2.8Moz Misima Gold Project in PNG. Ginamwamwa Drilling Between December 2018 and March 2019, the Company drilled 10 diamond holes across Ginamwamwa for a total of 1,627m. Holes were designed to test a range of structural and geochemical targets across the prospect, primarily testing shallower or near-surface mineralisation beneath geochemical anomalies and on mineralised structures. Hole depths ranged from 102m to 340m, giving Kingston valuable new information about the stratigraphic and structural setting of the area and helping establish the position of Ginamwamwa in the context of the Company’s mineralisation model. Hole GDD023 was pushed deeper, to 340m, to test the full thickness of the Halibu Marble carbonate unit and establish the depth to the top of the Ara Greenstone. Building a 3-dimensional understanding of the Halibu Marble and Ara Greenstone, and any structures offsetting their positions within Ginamwamwa, will be the key to targeting primary mineralisation at depth. At the end of March, the rig was moved to Ewatinona to drill a short program on the east side of the pit area. | |
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