2025 Mineral Resource Update
| Stock | Kingston Resources Ltd (KSN.ASX) |
|---|---|
| Release Time | 13 Nov 2025, 8:22 a.m. |
| Price Sensitive | Yes |
Mineral Hill Sees 29% Increase in Resources
- Total Mineral Resources increased by 29% to 10Mt
- Measured and Indicated resources comprise 60% of total
- Significant increases in Southern Ore Zone and Parkers Hill
Kingston Resources Limited (ASX: KSN) is pleased to report a significant update to the Mineral Resource Estimate (MRE) for its Mineral Hill Project, including upgrades to the Southern Ore Zone and Parker's Hill, together with a maiden resource for the high-grade Red Terror deposit. The total Mineral Resources increased by 29% to 10Mt, with Measured and Indicated resources comprising 60% (6.0Mt) of the total resource base, enhancing confidence in mine planning. The Southern Ore Zone (SOZ) saw a 15% increase in total resources to 4.4Mt, with Measured resources rising 40% to 327kt @ 1.9g/t gold and 1.2% copper. At Parker's Hill, Indicated resources increased 63% to 2.9Mt. The maiden resource at Red Terror was declared at 214kt @ 1.5% Cu and 1.07g/t Au, confirming strong copper and gold grades. The increase in Measured and Indicated resources provides a robust platform for future Ore Reserve growth, and the company is focused on converting resources to reserves, extending mine life, and growing cash flow.
Kingston expects to incrementally increase the processing plant throughput rate with the current plant configuration. The mining studies will look at how to grow the life-of-mine and increase the mining rate to support a larger expansion of processing capacity and cash flow.
With mining studies now underway and drilling continuing across surface and underground targets, Kingston is focused on converting resources to reserves, extending mine life, and growing cash flow. The company is building momentum toward its goal of becoming a multi-asset, mid-tier Australian gold and copper producer.