KCN.ASX: Mineral Resources and Ore Reserves Statement October 2025

Mineral Resources and Ore Reserves Statement October 2025

Stock	Kingsgate Consolidated Ltd (KCN.ASX)
Release Time	10 Oct 2025, 9:23 a.m.
Price Sensitive	Yes

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Kingsgate Releases Mineral Resources and Ore Reserves Statement

Key Points

Group Mineral Resources of 3.6 million ounces of gold and 86 million ounces of silver
Group Ore Reserves of 1.5 million ounces of gold and 51 million ounces of silver
Inaugural estimate for Chatree South-East Complex with 0.55 million ounces of gold and 4.2 million ounces of silver

Full Summary

Kingsgate Consolidated Limited (ASX: KCN) has announced its Mineral Resources and Ore Reserves update for Chatree and Nueva Esperanza, depleted to 30 June 2025. The updates incorporate all verified drill data and improvements to geological modelling and estimation processes. For the first time, the resource estimates are reported within optimised pit shells that were constructed using forecast prices and costs to meet Reasonable Prospects for Eventual Economic Extraction (RPEEE) requirements. The Group Mineral Resources now stand at 3.6 million ounces of gold and 86 million ounces of silver, while the Group Ore Reserves are 1.5 million ounces of gold and 51 million ounces of silver. The Chatree Mineral Resources include an inaugural estimate for the highly prospective South-East Complex, with 0.55 million ounces of gold and 4.2 million ounces of silver. The Chatree Ore Reserves have decreased by 2% to 1.22 million ounces of gold at a US$1950/oz gold price, preserving a nine-year reserve life.