Latest Kingston Resources (Asx:Ksn) News

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Kingston Resources has launched a new drilling campaign at its Mineral Hill Mine, deploying two rigs to target high-grade extensions and near-mine discoveries. Early assays from Long Panel rock chips show promising copper grades, underpinning the company’s growth ambitions.

Kingston Resources has announced a substantial 29% increase in its Mineral Hill Project resources, including a maiden resource for the high-grade Red Terror deposit, enhancing confidence in future mine planning and production.

Kingston Resources Limited reported a robust cash position of A$31 million at the end of September 2025, supported by significant investing inflows and prudent financing activity.

Kingston Resources reported a 10% revenue increase to $15.8 million in Q1 FY26, driven by higher gold and silver output and successful flotation plant commissioning. Underground mining preparations are advancing, setting the stage for a production ramp-up.

Kingston Resources is accelerating growth at its Mineral Hill mine with the largest exploration program in decades and fast-tracked underground mining set for late 2025, backed by proceeds from the Misima Gold Project sale.

Kingston Resources Limited reported a positive operating cash flow for the June 2025 quarter, ending with AUD 6.25 million in cash and a solid funding runway supported by a secured loan facility.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

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.

Kingston Resources has received the first $50 million payment from the sale of its Misima Gold Project, bolstering its balance sheet and enabling a strategic pivot towards expanding its Australian copper operations.

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

Kingston Resources has restarted gold concentrate production at its Mineral Hill mine, marking a significant step in its transformation into a multi-product operation. The company aims to begin copper concentrate sales by mid-2026 as it transitions to underground mining.