Originally Posted by
JBmurc
GOLD/SILVER,Base metals
Producer/development upside
KSN - KINGSTON RESOURCES
468mill shares -63%+ held by top20
Mktcp-$39Mill\
SP-7.8c
CASH-18MIll
DEBT-10Mill
IMHO a brilliant GOLD,silver,base metal play at present market value .. with two main projects
1#-MIneral hill- Processing Infrastructure
• CIL with 700ktpa
capacity.
• Flotation plant capacity
of 350ktpa.
• 3 x separate base metal
concentrates; copper,
lead and zinc (superior
payability compared to
bulk concentrate).
ML jorc resources GOLD - 323koz SILVER 6,566koz copper 72kt lead 113kt Zinc 81Kt
5yr+ LOM at present
• 5 principal target exploration areas close to plant(from just one permit)
1. Claytons Dam (Au)
2. Walkers Hill (Au-Cu-Pb)
3. Long Panel Mine & Websters
Gossan (Pb-Zn-Cu-Au)
4. Gleninga (Au)
5. Yellow Mountain & China Workings
(Pb-Zn-Cu-Au)
High potential to add mining inventory from exploration within the current mineral hill leases with 15x leads
Surrounded by other projects that could be aquired or JVP/toll treated
#2 -PNG GOLD/SILVER project
3.8MOz GOLD 22.1MOz Ag
NPV- A$1Bill++ (at present Au/Ag prices)
IMHO a major JVP deal with free carry royalty for KSN