Kingston Resources Ltd (ASX:KSN "Kingston") has announced high-grade assays from the Kingsley Prospect at its 75%-owned Livingstone Gold Project, WA. The results include the following:
What are the key highlights?
- The high-grade assays returned are only from the first 11 holes (954m) of a 54-hole (4,525m) Reverse Circulation (RC) drilling program. Significantly, all 11 drill holes have returned multiple intervals of gold mineralisation at >0.5g/t Au.
- These initial results support the evolving mineralisation model, developed from knowledge gained from a structural geological review conducted over the wider Livingstone Project, including Kingsley, in late 2019.
- Importantly, to date, only 800m of this initial discovery has been meaningfully drilled – with the mineralisation currently remaining open to the north-west and east, where a 1.2km strike length of known mineralisation is yet to be fully tested (shown in the image below).
- Further drilling is planned at the Stanley, Homestead and Winja prospects in September.
For further information, please refer to the announcement linked below.