For thousands of other reports visit RSC's Mineral Intellingence Map
Kingston Resources Ltd.
Summary
| Project: | Misima | |
|---|---|---|
| Deposit: | Misima | |
| Location: | Papua New Guinea | |
| Commodities: | Gold | |
| Date: | 11/8/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-11-2018: Kingston Resources Ltd. announces an Exploration/Drilling Update report for its Misima deposit at the Misima project. Drilling results incl. 40m @ 3.17g/t Au, 10.88g/t Ag from 234.0m. Kingston Resources Limited (‘Kingston’ ‘the Company’) (ASX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Paterson (Internal) | |
| ABSTRACT: | Kingston Resources Limited (‘Kingston’ ‘the Company’) (ASX: KSN) is pleased to report an outstanding assay result from drilling at the 70%-owned Misima Gold Project, PNG. Diamond drilling continues within the Central Umuna zone targeting resource extensions to the current 2.8Moz1 gold resource. Hole GDD013 (see Figure 1/Table 1), was drilled approximately 100m below the historic pit floor. Significantly, as the hole is located ~250m north of the thick, high grade Central Umuna zone, it has potentially extended this important section of the existing resource. Kingston Resources Limited Managing Director, Andrew Corbett said: “Drilling is now demonstrating likely extensions to the Central Umuna ore zone which is very encouraging. This section of the resource has attractive grade and width at only moderate depth. In addition, intersecting potential ore zones in the hanging wall above the Umuna fault zone is beneficial as this material would likely be mined to access the main zone. We are also pleased to see an improvement in drilling performance from our contractor.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report