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KINGSTON RESOURCES LIMITED — Capital/Financing Update 2015
Aug 2, 2015
65206_rns_2015-08-02_b0ebfee2-03d0-46f7-8b48-565662fc639c.pdf
Capital/Financing Update
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www.kingstonresources.com.au ACN 009 148 529
3 August 2015 Company Announcements Office Australian Securities Exchange
Drilling Commenced at Six Mile Hill Copper-Gold Project
Kingston Resources Limited (ASX: KSN) is pleased to announce that drilling has commenced at our flagship Six Mile Hill copper-gold project in South Australia.
Diamond drilling commenced at hole 15DDSM001 (Mineral Systems Drilling Program hole 1) on 1 August 2015. This is the first hole in Kingston’s multi-hole drilling campaign targeting Iron-Oxide Copper Gold (IOCG) mineralisation at Six Mile Hill.
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Figure 1: Boart Longyear diamond drill rig drilling at 15DDSM001 on 1 August 2015
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25 - 27 Jewell Parade, North Fremantle, Western Australia 6159
+61 8 9336 6619 [email protected]
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www.kingstonresources.com.au ACN 009 148 529
About Kingston’s Six Mile Hill Project
The Six Mile Hill project area lies on the eastern margin of the Gawler Craton and straddles the boundary between the Olympic Domain (part of the Olympic Copper-Gold province) and the Spencer Domain (part of the emerging mineral province of the northern Eyre Peninsula).
The Six Mile Hill project is part of the South Australian Mineral Systems Drilling Program 2015, an innovative collaboration between government, researchers and industry with the potential to lead to the discovery of new mineral deposits. The program includes significant cash and in-kind contributions from the South Australian Department of State Development and the Deep Exploration Technologies Cooperative Research Centre.
The program will deploy world first innovative technologies, including Lab-at-Rig® (XRF geochemistry and XRD mineralogy), AutoSondeTM (downhole geophysical sensing) and the Wireless Sub (rig performance monitoring).
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Figure 2: Six Mile Hill project area in relation to mineral provinces and known deposits
- 25 - 27 Jewell Parade, North Fremantle, Western Australia 6159
+61 8 9336 6619 [email protected]