KSN 6.85% 7.8¢ kingston resources limited

Ann: Senior geological appointments for Misima and Livingstone, page-7

  1. 1,674 Posts.
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    I don't think anything will change in terms of program in 2020, we're drilling for more shallow material at Misima Island to then input into the Feasibility Study later in the year. That will take time, but the updated JORC will 'hopefully' be over 3Moz.

    I totally agree about the 'bigger fish' note, as gold starts moving towards that historical price in USD of say USD$1,900+, there should be plenty of bigger fish saying 'okay, where are some large/un-developed resources around the world to simply buy, and avoid drilling for years, a quick way to add mass ounces to their books'. In a high gold price environment, a notable premium will be paid for large deposits.

    KSN is setting up well over the next few years...





 
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