The latest update is out from Kingston Resources Ltd. ( (AU:KSN) ).
Kingston Resources Limited has initiated a major underground diamond drilling program at its Mineral Hill Mine, marking the first such effort in over a decade. This program aims to expand existing resources and explore new targets, with the goal of restarting underground mining operations by early 2026. The company plans to produce gold and copper, with 80% of forecast revenue expected from these metals through 2030. The drilling program is a crucial step in Kingston’s strategy to re-establish production and extend the life of the mine, with extensive opportunities for resource expansion and increased production rates.
More about Kingston Resources Ltd.
Kingston Resources Limited is a company operating in the mining industry, focusing on the exploration and production of gold, copper, zinc, and lead. The company is actively working on expanding its mineral resources and production capabilities, with a significant focus on the Mineral Hill Mine.
YTD Price Performance: 17.50%
Average Trading Volume: 26,710
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €39.62M
See more data about KSN stock on TipRanks’ Stock Analysis page.