middle.news

$12.9 Million Capital Raise Fuels Mineral Hill Expansion and Drilling Push

9:51am on Thursday 18th of June, 2026 AEST Mining
Read Story

$12.9 Million Capital Raise Fuels Mineral Hill Expansion and Drilling Push

9:51am on Thursday 18th of June, 2026 AEST
Key Points
  • Placement and entitlement offer raise $12.9 million at $0.035 per share
  • 25,000m drilling program targets resource growth at Southern Ore Zone and Jack’s Hut
  • Plant expansion studies aim to double processing capacity to 700ktpa
  • Post-raise cash position strengthened to $32.3 million including $10 million Misima payment
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Kingston Resources (ASX:KSN)
OPEN ARTICLE