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Kingston Resources 'ecstatic' as PFS confirms long-life, low-cost potential for Misima

Kingston Resources Limited's (ASX:KSN) (FRA:RZZ) Andrew Corbett speaks to Proactive's Andrew Scott following the completion of a positive pre-feasibility study for its flagship 100%-owned Misima Gold Project in Papua New Guinea. It confirms the potential of delivering gold production of 130,000 ounces per annum at forecast life-of-mine (LOM) all-in sustaining costs (AISC) of A$1,159 per ounce over a forecast 17-year mine life.

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Price: 0.245 AUD

ASX:KSN
Market: ASX
Market Cap: $69 m
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Kingston Resources has encouraging new targets at Misima Gold Project in PNG

 Kingston Resources Ltd (ASX:KSN) chief executive officer Andrew Corbett updates Proactive Investors on the favourable drilling targets at the company’s flagship Misima Gold project in PNG. Corbett says Misima is a large project with a 2.8 million ounce resource base, on an island east...

on 1/8/19

2 min read