Underground and Surface Drilling Underway at Mineral Hill

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Stock Kingston Resources Ltd (KSN.ASX)
Release Time 24 Nov 2025, 9:29 a.m.
Price Sensitive Yes
 Underground and Surface Drilling Underway at Mineral Hill
Key Points
  • Two drill rigs mobilized to Mineral Hill for discovery and resource growth
  • Underground drilling to target high-grade extensions at Southern Ore Zone
  • Surface drilling to focus on near-mine discovery potential at Bogong and Long Panel Prospects
Full Summary

Kingston Resources Limited (ASX: KSN) has announced the recommencement of surface and underground drilling activities at its 100%-owned Mineral Hill Mine. The arrival of two drill rigs marks the commencement of a targeted investment in resource definition and discovery drilling, supporting Kingston's growth strategy. The underground diamond drill rig will first focus on the southern footwall mineralisation at the Southern Ore Zone, the main production area with significant extension potential. Drilling will seek to define the extent of a near-mine discovery made in 2023. The surface reverse circulation rig will initially target the Bogong Prospect, located just north of the Mineral Hill Mining Lease, to test coincident geochemical and near-surface Induced Polarisation (IP) anomalies. Following Bogong, six RC drill holes will be completed at the Long Panel Prospect to test coincident IP, gravity and magnetic anomalies. Recent rock chip samples from Long Panel have returned high-grade copper assays. Kingston has also commenced an IP survey over the southern end of the Long Panel prospect and will subsequently move to Yellow Mountain North. The recommencement of underground and surface drilling at Mineral Hill marks an exciting next step in Kingston's growth strategy, focused on expanding the known resource base while testing highly prospective near-mine and regional targets.

Outlook

The Company is well positioned to deliver continued growth in resource inventory, mine life, and shareholder value through the advancement of both resource definition and regional exploration at Mineral Hill.