Livingstone gold project RC drilling results

KSN - April 12, 2017

Highlights

  • RC drilling highlights structural controls on high-grade gold mineralisation

  • Homestead results include:

    • 7 m @ 12.59g/t from 35m in KLRC005
    • 3m @ 5.81g/t from 30m in KLRC003
    • 12m @ 2.46g/t from 87m in KLRC007

Kingston Resources Limited (ASX:KSN) (the Company or Kingston) is pleased to announce initial assay results from the recent RC drilling program at the Homestead and Winja prospects, within the Company’s Livingstone gold project located northwest of Meekatharra in Western Australia.

The drilling consisted of 21 RC holes for 2,190m. Twelve holes were drilled at Homestead, with the intention of increasing definition within near surface mineralisation identified by previous drilling, and extending the prospect to the east. A further nine holes at Winja were designed to test a possible high-grade chute structure, previously defined by high-grade intersections such as 18m @ 7.85g/t in hole TRC070.

Best results at Homestead include:

  • KLRC005: 7m @ 12.59g/t Au from 35m including 4m @ 19.56g/t;
  • KLRC003: 3m @ 5.81g/t Au from 30m;
  • KLRC007: 12m @ 2.46g/t Au from 87m;
  • KLRC011: 7m @ 2.32g/t Au from 3m; and
  • KLRC009: 4m @ 1.95g/t Au from 57m.

The drilling highlights the potential for Homestead to contain structurally-controlled zones of significant gold grades, and the result in hole KLRC007 remains open along strike to the east. The prospect now warrants step-out drilling to test its potential for significant strike extensions.

The Winja drilling was less successful, with only one hole intersecting the top of the interpreted chute structure. Hole KLRC014 (8m @ 1.81g/t from 55m) intersected lowergrade mineralisation above one of the earlier generation of high-grade holes.

“We are pleased with the Homestead results in particular. We will now review the results to fine tune our understanding of the structural model ahead of a follow up drill program. We are also now progressing approvals to commence exploration around the Livingstone’s Find area,” commented Kingston’s Managing Director, Andrew Corbett.

Read the full announcement here