Kingston Resources Expands Its Footprints With Livingstone Gold Project

  • Nov 16, 2018 AEDT
  • Team Kalkine
Kingston Resources Expands Its Footprints With Livingstone Gold Project

Kingston Resources stretches its cover on the land of its 75% owned gold project at Livingstone, Western Australia.

In an announcement to Australian Securities Exchange, mining company Kingston Resources reported that, with a latest tenement application, it has increased its land ownership to 377 km2 at its flagship Livingstone Gold Project in Western Australia.

Kingston Resources had filed new Exploration License Application vide ELA 52/3667 which now allows company to cover the prospective metasediments of the Padbury Basin. As per the company’s release, the Padbury Metasediments hosts find gold workings of Livingstone, largest historic gold producing region in Robinson Range producing 1,260ounces at an average grade of 21.85g/t. Kingston’s existing Livingstone tenement also hosts the high-grade Winja prospect, and the recently identified Kingsley prospect. Recently, the company announced the interception of significant gold mineralization at Kingsley on the completion of drilling of a total of 106 holes.

Kingston Resources Limited Managing Director, Andrew Corbett stated that, so far, Livingstone Project has been highly value accretive acquisition. He added that with every exploration undertaken at Livingstone, the company discovers significant potential of the mine that has recent added the discovery of Kingsley deposit on previously unexplored ground.

The Livingstone Gold Project is a flagship exploration project of the Kingston Resources. It is located in the mineral field of Peak Hill, Western Australia. With this new application, that is located on the western end of the Padbury and Bryah Basins, Kingston’s position gets consolidated for over 40km of prospective strike alongside Archaean Narryer Terrane and the Padbury’s Proterozoic metasediments.

As per the latest assay results, 4m composite samples were received by the company from the Kinsley prospect at a grade of 76.25 g/t gold. Further, the drilling at Livingstone returned the interception of 28m @ 2.26 g/t gold from the surface and the mineralization now extended over 1km which reportedly remains open along strike and at depth. The company further indicated its plan to commence the next phase of drilling at Kingsley in the first quarter of 2019.

On the news of land expansion surrounding Livingstone gold discovery, Kingston’s shares traded at higher level. Before concluding the trading session at the closing price of $0.022, KSN shares surged up by 4.762% on 16 November 2018. Moreover, the stock of Kingston Resources Limited (ASX: KSN) has witnessed a positive performance change of 5% over the past one year.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK