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Kingston Resources Shifts Strategy After Pearse South Pit Failure, Raises $12.9 Million
8:33am on Friday 31st of July, 2026 AEST
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Mining
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Kingston Resources Shifts Strategy After Pearse South Pit Failure, Raises $12.9 Million
8:33am on Friday 31st of July, 2026 AEST
Key Points
Pearse South pit wall failure halts open pit mining
Shift to underground drilling and resource expansion
SOZ Mineral Resource Estimate up 50% to 6.54Mt
$12.9 million raised via placement and entitlement offer
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Kingston Resources (ASX:KSN)
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