Kingston Resources shares rise after Ewatinona channel sampling delivers up to 15.5 g/t gold
Kingston Resources Ltd (ASX:KSN) has confirmed further outstanding high-grade channel sampling results from the Ewatinona deposit at its 2.8-million-ounce Misima Gold Project in PNG.
The latest results include:
- 70 metres at 4.99g/t gold including 28 metres at 8.08g/t gold and including 6 metres at 15.58g/t gold;
- 12 metres at 3.67g/t gold;
- 4 metres at 10.96g/t gold; and
- 6 metres at 3.85g/t gold.
Mineralisation trends, recent drilling and new channel samples at Ewatinona
Kingston managing director Andrew Corbett said: “70 metres at 4.99g/t gold is a spectacular result from the channel sampling in the Ewatinona Pit.
“These results help confirm the geological interpretation and grade distribution of the Western Ewatinona area.
“Importantly, these results also increase our confidence in Ewatinona as our preferred starter-pit area as they demonstrate the presence of high-grade gold mineralisation in the pit floor that is waiting to be mined.”
High-grade gold mineralisation along the pit bench and Kingston drilling
These outstanding results come from one 200-metre-long continuous channel situated in the north-west corner of the existing Ewatinona Pit which followed the contour of the bench wall.
These channel samples were designed to confirm the location of the mineralised structures that trend through the pit.
The high-grade results are extremely encouraging and confirm the geometry of the interpreted mineralised trends, as well as the tenor of gold mineralisation in the western section of the resource.
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