Kingston Resources Ltd. (AU:KSN) has released an update.
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Kingston Resources Ltd. has marked a successful first quarter of open pit mining at its Mineral Hill site, generating $1.1 million in positive cash flow and selling 1,680 ounces of gold. The company is also progressing with the Misima Gold Project in Papua New Guinea, exploring potential joint ventures or a sale to capitalize on strong market interest. Additionally, Kingston has secured $5 million in debt funding to bolster its financial position.
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