KINGSTON RESOURCES LIMITED — Capital/Financing Update 2018

Sep 9, 2018

KINGSTON RESOURCES LIMITED

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ASX Announcement

10 September 2018

Exploration drilling resumes at Livingstone

ASX Code: KSN

Share Price: A$0.022

Shares Outstanding: 1,223,198,383 Market Capitalisation: A$26.9m Cash: A$4.4m (30 June 2018)

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Board and Management

Anthony Wehby Chairman

Andrew Corbett Managing Directo r

Andrew Paterson Technical Director

Stuart Rechner Non-Executive Director

Mick Wilkes Non-Executive Director

Chris Drew Chief Financial Officer

Highlights

• 9,000m program to be drilled following up on recent exploration success

• Priority target is the Kingsley prospect

Kingston Resources Limited ( Kingston or the Company ) is pleased to announce that drilling has resumed at the Livingstone Gold Project, northwest of Meekatharra in Western Australia. Contractors mobilised to site last week and commenced drilling up to 9,000m of RC and air-core holes intended to extend and infill mineralisation identified in the previous round of reconnaissance drilling.

The first priority of this campaign will be to extend and infill mineralisation along the Kingsley prospect, where the last round of drilling identified grade along a strike length of 2km with results including 5m @ 6.56g/t Au[1] . Holes will also be drilled at the Drake and Dampier prospects to further define both areas.

Kingston’s Managing Director Andrew Corbett commented: “After receiving the excellent results from our last round of drilling at Livingstone we are excited to be back drilling the project. The initial target, Kingsley, is located within the Livingstone’s Find area which is our biggest geochemical target. We’ve only properly tested a relatively small part of it and it’s already generated some great results.”

The Company expects to have first assays in October.

- ENDS –

Contact Details

205/283 Alfred Street North, North Sydney, NSW 2060 +61 2 8021 7492

info@kingstonresources.com.au

www.kingstonresources.com.au

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1 ASX announcement 21 August 2018

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ASX Announcement – 10 September 2018

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Figure 1: Drilling at the Kingsley prospect.

Competent Persons Statement

The information in this report that relates to Exploration Results, Mineral Resources or Reserves is based on information compiled by Mr Andrew Paterson, who is a member of the Australian Institute of Geoscientists. Mr Paterson is a full-time employee of the Company and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Paterson consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears.

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205/283 Alfred Street North, North Sydney, NSW 2060 +61 2 8021 7492 info@kingstonresources.com.au