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Kingston Resources Ltd. ( (AU:KSN) ) has shared an update.
Kingston Resources Limited has announced promising assay results from its drilling operations at the Southern Ore Zone (SOZ) of Mineral Hill, confirming high-grade gold and copper mineralization. These results enhance the geological model’s confidence and suggest potential resource growth beyond the current resource areas. The company is preparing for underground ore mining and plans to focus on extensional drilling to expand resource size, with ongoing efforts to incorporate new findings into their mine plans.
The most recent analyst rating on (AU:KSN) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Kingston Resources Ltd. stock, see the AU:KSN Stock Forecast page.
More about Kingston Resources Ltd.
Kingston Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. The company is actively engaged in mining operations at Mineral Hill, where it produces metal concentrates and dore on site.
Average Trading Volume: 2,852,134
Technical Sentiment Signal: Sell
Current Market Cap: A$96.6M
For a thorough assessment of KSN stock, go to TipRanks’ Stock Analysis page.