KINGSTON RESOURCES LIMITED — Capital/Financing Update 2015

Dec 2, 2015

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www.kingstonresources.com.au ACN 009 148 529

3 December 2015 Company Announcements Office Australian Securities Exchange

Exploration Update - Six Mile Hill

Kingston Resources Limited (ASX: KSN) provides the following update regarding the collaborative Mineral Systems Drilling Program with the Geological Survey of South Australia and the Deep Exploration Technologies Cooperative Research Centre at Kingston’s 100% owned Six Mile Hill Project.

The first stage of the drilling program was completed in late October 2015 with four holes drilled for a total of 2787.5m (Table 1). All holes reached target depth and successfully explained our targeted geophysical anomalies as dense and magnetic mafic units. Detailed petrophysical measurements of the drill core collected by Kingston confirm rocks of high density and magnetic susceptibility. None of the holes reached the base of the Gawler Range Volcanics.

Table 1: Drill hole details

Hole ID	Easting	Northing	RL	Orientation	Azimuth	Depth
15DDSM001	724654	6408343	85	-90	0	1116.5m
15DDSM002	739888	6404102	85	-90	0	564.5m
15DDSM003	723335	6406002	85	-90	0	262.6m
15DDSM004	717656	6408763	105	-90	0	843.9m

GDA 94 Zone 53

Kingston undertook selective geochemical sampling of prospective intervals based on geological logging of the drill core. Assays did not return any significant results. Kingston and collaborative partners will now undertake detailed analysis of pathfinder trace elements in order to utilise geochemical vectoring methods targeting Iron Oxide Copper Gold (IOCG) style alteration.

A Curtin University/ Deep Exploration Technologies Cooperative Research Centre seismic crew has been deployed to Six Mile Hill to conduct both surface and down-hole (Vertical Seismic Profile) surveys. The object of these surveys is to establish the depth to the base of the Gawler Range Volcanics at the investigation sites.

After exposure to the cutting edge technologies and innovative science of the Mineral Systems Drilling Program, Kingston is well placed to advance exploration on the Gawler Craton.

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25 - 27 Jewell Parade, North Fremantle, Western Australia 6159 +61 8 9336 6619 info@kingstonresources.com.au

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www.kingstonresources.com.au ACN 009 148 529

Large areas of the Six Mile Hill project remain highly prospective and unexplored, particularly in the northeast of the tenement area (Figure 1). Following detailed analysis of results to date, the focus of exploration will shift to this area.

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Figure 1: Regional Bouguer Gravity image with MSDP drill holes and NE area of interest (black rectangle)

Stage two of the Mineral Systems Drilling Program has now commenced at Minotaur Exploration’s (ASX: MEP) southwest Gawler Ranges project. The current drilling is adjacent to and along strike from Kingston’s Hiltaba project.

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Barry Bourne, who is engaged as a consultant by the Company through geophysical / geological consultancy Terra Resources Pty Ltd. Mr Bourne is a fellow of the Australian Institute of Geoscientists; a member of the Australian Society of Exploration Geophysicists and has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results. Mr Bourne consents to the inclusion in the report of matters based on information in the form and context in which it appears.

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25 - 27 Jewell Parade, North Fremantle, Western Australia 6159

+61 8 9336 6619 info@kingstonresources.com.au

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