ASX: KSN

Kingston Resources Limited

Building a larger, longer-life future at Mineral Hill

 

Kingston Resources is an Australian gold and copper company advancing resource growth and the next phase of development at its 100%-owned Mineral Hill mine and processing complex in New South Wales.

Unlocking the next phase at Mineral Hill

Mineral Hill combines an established mine and processing complex with a 884koz AuEq Mineral Resource and multiple underground and near-mine growth targets. Since acquiring Mineral Hill in January 2022, Kingston has expanded total Mineral Resources from 5.9Mt to 12.1Mt while processing approximately 2Mt of material.

Kingston has planned 25,000m of drilling for FY27 – the largest annual program at Mineral Hill since 1999. The program is targeting a material expansion of Mineral Resources, improved geological confidence, additional potential ore sources and the technical foundation for Ore Reserve conversion and a future underground restart decision.

 

  • 12.1Mt / 884koz AuEq Mineral Resource
  • 25,000m of drilling planned for FY27
  • Eight priority target areas
  • Largest annual drilling program since 1999

Mineral Hill program milestones

FY27

25,000m extension, exploration and infill drilling program planned.

October 2026 to January 2027

6,575m surface drilling program planned.

March quarter 2027

Updated Mineral Resource estimate targeted for Jack’s Hut and Southern Ore Zone.

Next steps

Updated Mineral Resources, Ore Reserve conversion work, mine planning and assessment of a potential underground restart.

Mineral Hill operations are currently suspended, and the site remains on care and maintenance while Kingston advances drilling, Resource updates, Ore Reserve conversion work and mine planning.

aerial view of mineral hill mine site

Mineral Hill Mine

Mineral Hill is an established gold and copper mine and processing complex in the Cobar Basin of New South Wales. It hosts multiple underground deposits, highly prospective exploration tenure, existing underground access and a processing plant capable of producing metal concentrates and precious metal dore. Kingston’s current priority is to grow the Resource base, establish additional potential ore sources and build the technical confidence required for a longer-life underground operation.

The site at Mineral Hill

Misima divestment

Kingston completed the divestment of the Misima Gold Project to Ok Tedi Mining Limited in July 2025. The transaction strengthened Kingston’s balance sheet and enabled the Company to focus on Mineral Hill and its Australian gold and copper strategy.

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