KINGSTON RESOURCES LIMITED — Capital/Financing Update 2015

Jul 12, 2015

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www.kingstonresources.com.au ACN 009 148 529

13 July 2015 Company Announcements Office Australian Securities Exchange

Joint Venture Agreement Expands Cootanoorina Project Area

Kingston Resources Limited (ASX: KSN) is pleased to announce it has entered into a Joint Venture Agreement to secure Exploration Licence (EL) 5309 in the center of its 100% owned Cootanoorina project in South Australia.

EL 5309 is held privately by a South Australian geophysicist who recognised the potential of the area and conducted gravity and magnetics surveys at his own expense. Kingston’s analysis of this data has revealed a coincident gravity and magnetic feature that warrants investigation. It is one of the strongest gravity feature in the Cootanoorina project area.

Under the Joint Venture Agreement Kingston will have the right to earn an 80% interest in EL 5309 by drilling a hole to test the coincident gravity and magnetic feature. In consideration, Kingston shall pay the JV Partner $30,000 and $20,000 in Ordinary Kingston Shares (ASX: KSN) at Volume Weighted Average Price for the previous 5 days.

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Figure 1: Cootanoorina Project surface geology and historic mineral occurrences. EL 5309 in centre.

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

About Kingston’s Cootanoorina Project

The Cootanoorina project lies to the south of Oodnadatta on the eastern edge of the Gawler Craton. The primary geological feature in the area is the Peake and Denison Inliers, a series of outcropping Proterozoic basement rocks. The outcropping basement rocks host numerous historic mines and mineral occurrences – copper mining occurred during the late 1890s and early 1900s.

Geophysical modeling by Kingston identified an elongate NW trending gravity feature with a magnetic shell lying to the west of the Peake and Denison Inliers, beneath younger sedimentary cover. In 2014, Kingston conducted detailed ground gravity collection over the project area and identified several gravity features that warranted further investigation. These features were modelled via 3D inversion and priority drill targets have been identified.

In April 2015, the Cootanoorina project has awarded $70,000 in PACE Discovery Drilling cofounding from the Government of South Australia.

Kingston intends to test our best drill targets at Cootanoorina following completion of our upcoming drilling campaign at Six Mile Hill.

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Figure 2: Residual detailed Bouguer gravity (2.67g/cc) with regional structure over the Cootanoorina project area. Gravity features in blue circles.

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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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