Kingston Resources Ltd. (AU:KSN) has released an update.
Kingston Resources Ltd. has announced the recommencement of gold and silver dore sales, following the successful ramp-up of its Mineral Hill processing plant’s refurbished crushing, grinding, and CIL circuits. With a strong stockpile of over 30,000 tonnes of oxide ore and no hedging in place, the company is capitalizing on record-high gold prices, with recent sales exceeding A$3,700 per ounce. The company’s CEO expressed pride in the team’s achievements and anticipates further production increases with the upcoming commissioning of the flotation plant.
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