11.5 C
London
Friday, April 19, 2024
HomeFinTechKingston Resources: Restarts drilling at Misima Project

Kingston Resources: Restarts drilling at Misima Project

Date:

  • Kingston Resources (KSN) has recommenced drilling at its Misima Gold Project in Papua New Guinea (PNG) following lifted COVID-19 travel restrictions
  • The company will commence an 8000 metre diamond drilling program, which will focus on the Kulumalia area
  • The program includes infill and extensional drilling at the southeast end of the proposed Umuna pit and follow-up drilling at the Abi Discovery
  • Additionally, Misima’s pre-feasibility study (PFS) has entered into the final stages and is on track to completed in the current quarter
  • The on-site lab expected to reduce costs and improve assay turnaround times
  • On market close for the day, Kingston is up 5.88 per cent and is trading for 27 cents per share

Related stories

Linqto to go public via $700m SPAC merger with BCSA

Linqto Going Public:US digital investment platform Linqto...

Mastercard to realign organisational structure with three new divisions

Organizational Restructuring:Mastercard announces plans to reorganize its...

Spendesk combines procurement with spend management through Okko acquisition

Acquisition Details:Spend management platform Spendesk is acquiring...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img