14m at 19.35g/t Gold and 0.79% Copper Boost Kingston’s Mineral Hill Plan
Kingston Resources reports impressive high-grade gold and copper intercepts from underground drilling at the Southern Ore Zone of Mineral Hill, reinforcing confidence in its underground mine plan and resource potential.
- Multiple high-grade gold and copper assay results from eight new underground drill holes
- Outstanding intercepts include 14m at 19.35g/t gold and 0.79% copper
- Results support near-term underground mine plan and suggest improved economic returns
- Ongoing dewatering and revised mine scheduling to accelerate underground development
- Exploration drilling to continue through 2025 targeting resource extensions
Strong Drill Results Bolster Mineral Hill Prospects
Kingston Resources Limited (ASX, KSN) has announced a fresh batch of high-grade gold and copper assay results from underground drilling at the Southern Ore Zone (SOZ) of its Mineral Hill mine in New South Wales. The latest eight drill holes, part of a broader 29-hole campaign, have delivered significant intercepts that confirm and extend known mineralisation, underpinning the company’s confidence in its underground mine plan.
Among the standout results are a 14-metre intercept grading 19.35 grams per tonne (g/t) gold and 0.79% copper, and a 4-metre section returning 12.89 g/t gold with 0.73% copper. These grades are notable for their potential to drive strong economic returns, particularly given the proximity to existing underground infrastructure and planned stopes for early production.
Implications for Mine Planning and Development
Kingston’s Managing Director and CEO, Andrew Corbett, highlighted that these results solidify the mine planning process and emphasize the upside potential at Mineral Hill. The high-grade gold mineralisation, especially within the G and H Lodes on the western side of the SOZ, is expected to be a key driver of high-margin production. With underground development already underway, the company is well positioned to convert these assay results into early cash flow.
Operationally, Kingston is progressing dewatering of historical mine workings below the 1080 level to access deeper drilling targets aimed at resource extension. Concurrently, the company is revising its underground mining schedule to expedite development, signaling a strategic push to accelerate production timelines.
Exploration and Resource Growth Potential
The current drilling campaign focuses on infilling and extending copper-gold dominant lodes on the western side of the SOZ, with 19 holes completed and assays received, and eight holes pending. The recent intercepts reinforce previous high-grade discoveries and suggest potential for resource expansion, including mineralisation in the footwall zones that may add new resources.
Kingston also recently completed the Misima Gold Project transaction, receiving an initial $50 million cash component, which will support intensified exploration and development activities across Mineral Hill and surrounding exploration leases. The company plans to continue drilling throughout 2025, targeting additional production areas and extensions to the Mineral Resources.
Technical Rigor and Resource Confidence
The announcement includes detailed assay data, metallurgical recovery assumptions, and geological context, reflecting a robust technical foundation. Sampling and assay protocols adhere to industry standards, with quality control measures ensuring data reliability. The Mineral Hill mine benefits from extensive existing infrastructure and all necessary permits, positioning Kingston to capitalize on the resource upside efficiently.
With a life-of-mine plan extending to 2031 and current resources only partially exploited, Kingston’s Mineral Hill operation presents significant growth opportunities. The company’s focus on both open pit and underground mining, combined with ongoing exploration success, supports its ambition to establish itself as a mid-tier gold and base metals producer.
Bottom Line?
Kingston’s strong underground drill results at Mineral Hill set the stage for accelerated development and potential resource growth, but pending assays and evolving mine schedules will be key to watch.
Questions in the middle?
- How will pending assay results from the remaining eight drill holes impact the overall resource model?
- What is the expected timeline and impact of the revised underground mining schedule on production ramp-up?
- How will commodity price fluctuations affect the economic viability of the high-grade intercepts reported?
