KINGSTON RESOURCES LIMITED — Capital/Financing Update 2019

Sep 23, 2019

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ASX/Media Announcement 24 September 2019

High-grade gold mineralisation intersected at Livingstone Gold Project, WA

Hits of up to 31.57g/t in maiden RC drill program confirm extensive, high-grade gold system

• Outstanding high-grade assays returned from maiden 2,375m RC drilling program at the Kingsley Prospect. Best intercepts include:

• KLRC029 5m @ 3.68g/t Au from 12m; and

  • 10m @ 11.95g/t Au from 20m

• KLRC032 2m @ 13.88g/t Au from 71m; and

  • 3m @ 11.39 g/t Au from 95m

• KLRC037 2m @ 5.32 g/t Au from 88m, including

  • 1m @ 9.64g/t Au from 88m

• Results include both shallow oxide and deeper primary mineralisation.

• Drilling has extended the known Kingsley mineralisation, extending some of the shallow zones of mineralisation intersected in previous air-core drilling, including:

• KLAC198 15m @ 4.66g/t Au from surface, including 2m @ 21.75g/t from 2m and

  • 2m @ 15.30g/t from 7m and 10m @ 1.90g/t from 20m

• KLAC189 3m @ 7.34g/t Au from 18 and 9m @ 1.47g/t from 67m including

  • 1m @ 5.72g/t from 71m

• The mineralisation remains open both along strike and at depth.

• WA Government co-funded diamond drilling scheduled for next quarter ahead of further RC drilling to establish a maiden JORC Mineral Resource Estimate.

Kingston Resources Limited (Kingston or the Company) is pleased to announce that it has confirmed a significant high-grade gold discovery at its 75%-owned Livingstone Gold Project , located 140km north-west of Meekatharra with in the Bryah Basin in WA.

The Company has received a series of outstanding high-grade assay results from a recently completed 17hole, 2,375m Reverse Circulation (RC) drilling program at the Kingsley Prospect designed to test beneath and along strike from highly encouraging air-core results (Table 2).

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ASX: KSN Shares on Issue: 1,766M Market Cap: A$37.1M Cash: A$8.3M (30 June 2019, pro-forma post August placement)

201/110 Pacific Hwy, @KSNResources North Sydney, NSW 2060 +61 2 8021 7492 info@kingstonresources.com.au www.kingstonresources.com.au

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Importantly, the results include broad shallow high-grade oxide gold intercepts, as well as narrower zones of high-grade primary mineralisation at depth within fresh rock, demonstrating the growing scale and potential of the gold mineralised system at Kingsley.

Kingsley was initially discovered by Kingston in 2018 after air-core drilling identified mineralisation over a 2km strike length within several sub-parallel lodes striking west-north-west and dipping steeply to the north (see ASX announcement 21 August 2018). To date, only 800m of this initial discovery has been meaningfully drilled, with the mineralisation remaining open to the north-west and east, where a 1.2km strike length of known mineralisation is yet to be fully tested (Figure 1).

Kingston Resources Managing Director, Andrew Corbett said: “ These exciting results show that we have a potentially large, high-grade gold system on our hands at Kingsley. The recent drilling has confirmed and extended the known shallow mineralisation outlined by air-core drilling last year, returning a combination of both broad zones of high-grade oxide mineralisation close to surface and, importantly, also high-grade intercepts at depth.

“The upcoming Exploration Incentive Scheme supported diamond program will increase our geological knowledge at Kingsley, giving us invaluable structural information on the orientation and controls on the mineralisation that will help us to more accurately target the next phase of RC drilling.

“The system remains wide-open to the north-west and east, with a further 1.2km strike length of known mineralisation still to be tested and further drilling required at depth as we work towards a maiden JORC compliant Mineral Resource.

“Alongside Kingsley, the Livingstone Gold Project also contains a number of other exciting gold targets where we have done very limited work to date. These include Homestead, which hosts an historic shallow 50,000oz Au (JORC 2004) Resource[1] . While, 600m north-west of Kingsley is the Livingstone North prospect, which contains a number of historical drill holes and historic workings that warrant further investigation.

“The exploration program at Livingstone will run concurrently with the multi-faceted exploration program that is ongoing at the flagship 2.8Moz Misima Gold Project in Papua New Guinea.”

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Figure 1: Kingsley Prospect showing drilling with significant intercepts, interpreted mineralised trends and location of Livingstone North. 1 This mineral resource estimate was released under the JORC2004 guideline, and no material work has been completed on it since then. Refer to ASX announcement 29[th] November 2016.

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Maiden RC Drilling Program

Kingston completed a limited program of Reverse Circulation drilling at the Kingsley Prospect in August, comprising 17 holes for 2,375m of drilling in seven lines spaced at ~40m. The drilling was designed to confirm and extend the shallow zones of mineralisation intersected in previous air-core drilling last year.

Key highlights from the recently completed program included:

• KLRC029: 5m @ 3.68 g/t Au from 12m, including 2m @ 7.17 g/t Au from 12m and 10m @ 11.95 g/t Au from 20m, including 4m @ 24.58 g/t Au from 22m

• KLRC032 2m @ 13.88 g/t Au from 71m, including 1m @ 25.79 g/t Au and

• 3m @ 11.39 g/t Au from 95, including 1m @ 31.57 g/t Au

• KLRC037 2m @ 5.32 g/t Au from 88m, including 1m @ 9.64 g/t Au from 88m

• KLRC025 9m @ 1.8 g/t Au from 1m, including 1m @ 8.97 g/t Au from 2m and

• 9m @ 1.13 g/t from 49m, including 1m @ 5.10 g/t Au

• KLRC027 1m @ 9.19 g/t from 125m

The current RC drilling shows mineralisation and grade continuing to depth, increasing confidence in the current model of mineralised structures steeply dipping to the north.

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Figure 2: Section 566320mE

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Figure 3: Section 566200mE.

At Kingsley, the geology consists of sheared basalt and talcose/chloritic ultramafic schists. Gold mineralisation is related to later stage quartz veining +/- sulphide (Figures 4 and 5).

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Figure 4: Picture showing upper saprolite within the oxide zone in RC chips from hole KLRC029 (10m @ 11.95 g/t Au from 20m)

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Figure 5: (Left) Partially weathered talcose/chloritic ultramafic schists with quartz veining and minor sulphides in RC chips from hole KLRC032 (2m @ 13.88 g/t Au from 71m). (Right) fresh talcose/chloritic ultramafic schists with quartz veining and sulphide (3m @ 11.39 g/t Au from 95)

Next Steps

A follow up ~800m diamond program is planned for Kingsley with co-funding of up to $75,000 for the program secured through the WA Government Exploration Incentive Scheme. The purpose of the drilling is to further understand controls on mineralisation and to enable metallurgical test work. It will also underpin the next round of RC drilling and contribute towards reporting a maiden resource.

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Figure 6: Livingstone prospects occur along a prospective strike length of over 30km

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Alongside advancing Kingsley, Kingston intends to commence field work at Livingstone North in the near future. Livingstone North (formerly Livingstone Finds) lies 600m to the north east of Kingsley.

Rotary Air Blast (RAB) drilling by previous explorer Endeavour Gold in 1986[1] defined a series of significant intercepts at Livingstone North, including LR051: 18m @ 2.61g/t Au, LR057 2m @ 1.60g/t Au, LR58 2m @ 18.00g/t Au , LR02 3m @ 3.16g/t Au. The drilling was shallow with no holes going below a vertical depth of ~25m, and no drilling has been undertaken at the prospect since 1986 (Figure 7).

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Figure 7: Historic Drilling at Livingstone North

Table 1: Kingsley significant intersections 4m composite samples >0.5g/t Au

Hole Id	North	East	Rl	Depth (m)	Dip	Azimuth	From (m)	To (m)	Width (m)	Au g/t
KLRC023	7171034	566696	490	196	-60	180	16	20	4	0.65
KLRC030	7171182	566277	496	160	-60	180	28	32	4	3.49
KLRC033	7171039	566539	488	77	-60	180	68	77	9	0.50
KLRC035	7171119	566543	490	173	-60	180	16	24	8	0.61

1 (WAMEX A19665)

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Table 2: Kingsley Significant intersections 1m samples >0.5g/t Au including a maximum of 2m internal dilution

Hole Id	North	East	RL	Depth (m)	Dip	Azimuth	From (m)	To (m)	Width (m)	Au g/t
KLRC022	7170990	566699	486	119	-60	180	Hole	Abandoned- No Samples Submitted
KLRC023	7171034	566696	490	196	-60	180	133	138	5	1.08
and							142	143	1	0.63
and							152	153	1	3.02
KLRC024	7170951	566700	488	118	-60	180	82	83	1	0.87
KLRC025	7170986	566698	489	178	-60	180	1	10	9	1.80
including							2	3	1	8.97
and							16	18	2	1.39
and							23	27	4	0.65
and							31	33	2	1.36
and							37	42	5	0.75
and							49	58	9	1.13
including							50	51	1	5.10
and							94	96	2	3.60
including							94	95	1	5.88
and							108	109	1	0.74
and							124	126	2	1.44
KLRC026	7171223	566157	498	173	-60	180	19	20	1	0.51
and							38	39	1	1.87
and							49	50	1	0.73
and							80	81	1	0.90
and							138	139	1	0.53
and							170	171	1	0.54
KLRC027	7171258	566159	498	174	-60	180	36	48		0.51
and							125	126	1	9.19
and							136	137	1	0.60
KLRC028	7171216	566079	496	125	-60	180	6	11	5	0.80
and							20	21	1	0.58
and							46	47	1	1.35
and							101	102	1	0.78
KLRC029	7171180	566199	499	137	-60	180	0	1	1	0.56
and							4	6	2	1.00
and							12	17	5	3.68
including							12	14	2	7.17
and							20	30	10	11.95
including							22	26	4	24.58
including							28	29	1	5.45
and							42	43	1	0.51
and							58	59	1	0.63
and							71	72	1	0.55
KLRC030	7171182	566277	496	160	-60	180	100	102	2	1.20
and							105	106	1	0.93
and							110	111	1	4.43
and							125	127	2	1.06
KLRC031	7171138	566321	496	100	-60	180	14	15	1	0.81
and							39	40	1	4.78
and							46	47	1	0.63
and							57	58	1	1.51
KLRC032	7171181	566320	494	173	-60	180	29	30	1	1.34
and							37	41	4	1.50
and							71	73	2	13.88
including							71	72	1	25.79
and							84	87	3	0.50
and							90	91	1	0.60
and							95	98	3	11.39
including							96	97	1	31.57
and							102	103	1	0.63

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and	and	and	and	and	and	and	115	117	2	0.72
and							148	149	1	1.24
KLRC033	7171039	566539	488	77	-60	180	4	7	3	1.03
and							21	22	1	2.00
and							31	34	3	1.26
and							38	39	1	0.65
and							58	59	1	1.34
and							59	60	1	0.18
KLRC034	7171077	566542	489	81	-60	180	Hole	Abandoned- No Samples Submitted
KLRC035	7171119	566543	490	173	-60	180	150	151	1	0.55
and							151	152	1	0.53
KLRC036	7171084	566542	489	159	-60	180	103	106	3	0.40
KLRC037	7171028	566624	489	149	-60	180	20	21	1	0.77
and							57	58	1	0.77
and							68	72	4	0.74
and							88	90	2	5.32
including							88	89	1	9.64
and							109	112	3	0.88
and							144	145	1	0.95
and							148	149	1	0.75
KLRC038	7171064	566621	490	173	-60	180	17	18	1	0.59
and							84	85	1	0.59
and							93	94	1	0.63
and							115	117	2	1.19
and							124	125	1	0.58
and							128	129	1	0.65
and							134	135	1	0.82

Table 3: Significant intersections 1m re- splits samples from 2018 AC drilling (see ASX announcement 21 August 2018). >0.5g/t Au including a maximum of 2m internal dilution

Prospect	Hole Id	North	East	Rl	Depth	Dip	Azimuth	From	To	Width	Aug/t
Kingsley	KLAC153	7171000	566700	481	147	-60	180	33	36	3	1.19
and								67	72	5	1.26
including								71	72	1	4.58
and								101	103	2	1.31
and								121	122	1	0.66
and								127	139	12	1.13
including								128	129	1	4.2
and								142	145	3	1.03
Kingsley	KLAC156	7170939	566699	480	23	-60	180	1	2	1	0.74
and								5	7	2	0.59
Kingsley	KLAC158	7170936	566661	477	41	-60	180	9	10	1	0.54
Kingsley	KLAC159	7170977	566661	482	40	-60	180	4	25	21	2.52
including								8	9	1	4.27
including								17	19	2	12.88
Kingsley	KLAC160	7171019	566658	485	129	-60	180	21	24	3	0.89
and								49	53	4	1.23
and								57	59	2	1.51
and								62	63	1	1.51
and								102	103	1	0.51
and								107	108	1	0.83
and								117	121	4	0.82
and								127	128	1	0.52
Kingsley	KLAC161	7171062	566658	485	66	-60	180	12	13	1	0.6
and								53	54	1	1.5
Kingsley	KLAC164	7171021	566622	484	85	-60	180	24	26	2	0.87
and								39	43	4	3.4
including								39	40	1	7.31
including								42	43	1	4.07
and								69	78	9	1.82
including								71	72	1	5.24

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Kingsley	KLAC165	7171066	566623	477	84	-60	180	9	12	3	0.54
and								19	21	2	4.79
including								19	20	1	9.02
Kingsley	KLAC166	7171100	566622	460	87	-60	180	18	19	1	0.61
Kingsley	KLAC168	7171016	566551	485	63	-60	180	33	37	4	1.15
and								40	45	5	4.39
including								40	43	3	5.55
and								50	52	2	0.81
and								60	63	3	1.38
Kingsley	KLAC169	7171102	566544	493	92	-60	180	40	42	2	0.93
Kingsley	KLAC170	7171137	566541	481	55	-60	180	42	43	1	0.84
Kingsley	KLAC174	7171101	566465	492	93	-60	180	13	19	6	2.77
including								14	16	2	7.02
and								29	30	1	1.08
Kingsley	KLAC175	7171141	566470	490	101	-60	180	8	9	1	10.05
and								14	15	1	0.9
and								20	23	3	0.78
and								26	27	1	0.9
Kingsley	KLAC176	7171173	566466	493	54	-60	180	3	4	1	1.77
Kingsley	KLAC177	7171116	566438	494	45	-60	180	11	12	1	0.7
and								15	18	3	0.67
Kingsley	KLAC178	7171079	566430	489	100	-60	180	2	3	1	0.56
and								9	10	1	0.68
Kingsley	KLAC179	7171155	566437	488	120	-60	180	8	11	3	0.69
and								40	41	1	0.8
and								87	88	1	0.82
Kingsley	KLAC180	7171203	566434	489	64	-60	180	4	6	2	4.53
including								4	5	1	8.51
and								15	27	12	1.03
Kingsley	KLAC181	7171211	566397	491	69	-60	180	26	33	7	2.76
including								29	30	1	12.13
and								36	37	1	0.54
and								47	53	6	0.98
and								59	60	1	2.58
Kingsley	KLAC184	7171119	566346	493	93	-60	180	5	7	2	4.64
including								6	7	1	8.62
and								23	27	4	1.97
and								30	36	6	2.75
including								30	31	1	12.89
and								43	45	2	2.34
and								61	67	6	1.51
including								62	63	1	4.48
and								77	78	1	0.73
and								82	83	1	1
Kingsley	KLAC185	7171157	566354	497	97	-60	180	3	4	1	1.3
and								15	16	1	1.99
and								22	23	1	0.91
and								26	29	3	2.95
including								26	27	1	4.39
and								44	45	1	0.76
and								94	95	1	3.46
Kingsley	KLAC186	7171196	566359	492	107	-60	180	33	34	1	0.58
and								55	58	3	4.26
including								57	58	1	10.96
and								65	70	5	2.05
including								66	67	1	6.45
and								84	85	1	1.1
Kingsley	KLAC188	7171119	566318	499	64	-60	180	40	41	1	2.73
Kingsley	KLAC189	7171158	566317	499	85	-60	180	3	4	1	0.59
and								11	12	1	5.43
and								18	21	3	7.34
and								28	29	1	6.03

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							and	34	35	1	0.91
							and	59	60	1	1.09
							and	63	64	1	0.94
							and	67	76	9	1.47
							including	71	72	1	5.72
Kingsley	KLAC190	7171197	566316	495	81	-60	180	38	40	2	0.63
Kingsley	KLAC191	7171236	566313	493	78	-60	180	23	24	1	1.63
							and	33	34	1	1.1
Kingsley	KLAC192	7171119	566279	495	28	-60	180	4	5	1	0.53
Kingsley	KLAC193	7171162	566282	495	87	-60	180	0	2	2	0.54
							and	25	26	1	2.63
							and	76	79	3	1.86
							including	78	79	1	4.37
							and	83	85	2	2.1
Kingsley	KLAC194	7171200	566276	493	81	-60	180	41	42	1	1.21
							and	45	46	1	1.14
							and	64	65	1	6.02
Kingsley	KLAC198	7171163	566204	500	60	-60	180	0	15	15	4.66
							including	3	5	2	21.74
							including	7	8	1	15.3
							and	21	31	10	1.9
							including	22	23	1	9.55
							and	35	36	1	0.52
							and	39	46	7	1.15
							and	53	60	7	0.84
Kingsley	KLAC199	7171198	566195	499	106	-60	180	24	29	5	2.49
							and	35	40	5	1.52
							including	36	37	1	4.09
Kingsley	KLAC200	7171238	566191	495	74	-60	180	32	33	1	1.69
							and	40	45	5	0.8
Kingsley	KLAC201	7171158	566154	495	27	-60	180	8	10	2	0.67
							and	21	22	1	0.75
Kingsley	KLAC202	7171201	566151	496	99	-60	180	8	11	3	2.41
							including	9	10	1	4.86
							and	21	24	3	1.36
							and	45	47	2	1.47
							and	50	55	5	1.78
							including	52	53	1	5.56
							and	68	73	5	4.34
							including	70	72	2	9.23
Kingsley	KLAC203	7171240	566150	506	95	-60	180	85	86	1	0.71
Kingsley	KLAC204	7171159	566078	495	80	-60	180	35	36	1	0.76
Kingsley	KLAC206	7171198	566075	495	102	-60	180	89	90	1	100.27
Kingsley	KLAC207	7171236	566075	499	93	-60	180	23	26	3	0.69
							and	33	42	9	0.8
							and	45	48	3	0.91
Kingsley	KLAC208	7171279	566076	491	100	-60	180	27	28	1	0.73
Kingsley	KLAC209	7171316	566075	492	86	-60	180	40	41	1	0.85
							and	76	77	1	1.65
Kingsley	KLAC211	7171237	565924	495	110	-60	180	40	44	4	0.92
							and	48	49	1	0.57
							and	53	54	1	0.53
							and	62	63	1	1.56
Kingsley	KLAC212	7171275	565922	497	102	-60	180	99	100	1	1.34
Kingsley	KLAC213	7171319	565920	496	117	-60	180	85	86	1	0.7
Kingsley	KLAC215	7171401	565920	499	86	-60	180	41	42	1	1.73
Kingsley	KLAC217	7170922	566694	484	94	-60	0	59	67	8	1.49
							and	61	62	1	6.30
							and	70	71	1	0.92
Kingsley	KLAC219	7170890	566736	488	81	-60	180	64	65	1	0.84
Kingsley	KLAC221	7170982	566735	516	82	-60	180	19	22	3	1.39

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							and	33	39	6	0.73
							and	42	43	1	0.72
Kingsley	KLAC222	7171020	566733	492	100	-60	180	10	11	1	0.54
							and	14	17	3	1.61
							and	31	33	2	1.02
Kingsley	KLAC223	7171060	566734	487	90	-60	180	54	56	2	1.01
Kingsley	KLAC225	7170944	566767	521	111	-60	180	5	6	1	1.07
							and	7	8	1	0.54
							and	38	39	1	2.09
							and	104	105	1	0.67
Kingsley	KLAC226	7170984	566773	479	138	-60	180	10	15	5	1.08
							and	130	131	1	0.53
Kingsley	KLAC228	7171060	566777	492	96	-60	180	4	5	1	6.78
							and	81	83	2	0.85
Dampier	KLAC231	7172353	567543	485	51	-60	180	39	40	1	0.69
							and	43	47	4	0.68
Dampier	KLAC233	7172146	567703	538	58	-60	180	30	33	3	1.59
							and	57	58	1	1.16
Dampier	KLAC236	7172102	567859	500	38	-60	180	26	27	1	0.82
Drake	KLAC239	7172299	566117	524	55	-60	180	15	16	1	0.5
Drake	KLAC241	7172302	565963	499	58	-60	180	48	51	3	0.49
Drake	KLAC249	7172973	566060	505	79	-60	180	33	34	1	0.64
Drake	KLAC251	7172723	566220	501	40	-60	180	34	35	1	0.82

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Table 4: Livingstone North significant historic intersections from 2m composite samples >0.5g/t Au including a maximum 2m internal waste.

Hole Id	North	East	Rl	Depth (m)	Dip	Azimuth	From (m)	To (m)	Width (m)	Au g/t
LR001	7171326	567813	557	41	-60	225	30.5	33.5	3	1.30
LR002	7171316	567801	558	37	-60	225	6.5	9.5	3	3.16
LR013	7171379	567675	563	35	-60	45	16	24	8	0.57
LR016	7171455	567638	561	41	-60	225	8	14	6	1.28
LR021	7171268	567871	554	34	-60	225	32	34	2	0.50
LR027	7171178	567893	533	38	-60	225	8	10	2	0.54
LR030	7171370	568029	529	14	-60	200	12	14	2	1.55
LR032	7171349	568009	530	34	-60	20	28	30	2	0.85
LR035	7171323	568125	517	30	-60	210	16	18	2	0.90
LR037	7171575	568141	521	38	-60	10	20	22	2	0.62
LR044	7171614	568025	538	34	-60	10	4	6	2	0.85
LR046	7171618	567940	545	32	-60	10	4	6	2	1.05
LR050	7171624	567903	548	30	-60	10	14	20	6	1.04
LR051	7171644	567906	549	30	-60	10	6	24	18	2.26
LR055	7171648	567864	550	30	-60	10	16	20	4	1.24
LR057	7171539	567776	545	30	-60	10	12	14	2	1.60
LR058	7171530	567768	546	30	-60	40	28	30	2	18.00
LR059	7171560	567798	545	30	-60	220	16	20	4	1.03
LR069	7171726	568032	543	30	-60	35	24	26	2	1.05

Note: RAB drilling was undertaken by Brandrill Ltd for Endeavour Resources in September 1986. All samples were 2m composites and sent to Pilbara Laboratories in Perth for assay using Fire Assay / Atomic Absorption Spectrometry (AAS) technique. All data is sourced from WAMEX Report # A19665. Please note Kingston has not independently verified these results.

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About Kingston Resources

Kingston Resources is a metals exploration company. Currently the Company’s priority is the world-class Misima Gold Project in PNG, which contains a JORC resource of 2.8Moz Au, a production history of over 3.7Moz and outstanding potential for additional resource growth through exploration success. Kingston currently owns 70% of the Misima Gold Project.

In addition, Kingston owns 75% of the Livingstone Gold Project in Western Australia.

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KSN project locations.

Misima Mineral Resource

The Misima mineral resource estimate of 82.3Mt (45% Indicated, 55% Inferred) @ 1.1g/t Au, 5.3g/t Ag for 2.8Moz Au and 13.9Moz Ag was released in an ASX announcement on 27 November 2017. Full details of the resource are included within the original announcement.

Competent Persons Statement and Disclaimer

The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Mr Stuart Rechner BSc (Geology) MAIG, a Competent Person who is a member of the Australian Institute of Geoscientists. Mr Rechner is a Director of the Company. Mr Rechner has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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”. Mr Rechner consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears.

Kingston confirms that it is not aware of any new information or data that materially affects the information included in all ASX announcements referenced in this release, and that all material assumptions and technical parameters underpinning the estimates in these announcements continue to apply and have not materially changed.

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JORC Code, 2012 Edition – Table 1 Kingsley Prospect, Livingstone Project

Section 1 Sampling Techniques and Data

(Criteriainthis sectionapply to allsucceeding sections.)	(Criteriainthis sectionapply to allsucceeding sections.)	(Criteriainthis sectionapply to allsucceeding sections.)
Criteria	Commentary
Sampling	Drilling RC
techniques	•	Kingston RC chips were sampled in 1m intervals from a rig-mounted rotary splitter. The splitter was levelled at
		the start of each hole using a bullseye-type spirit level. A sample of approximately 2.5kg was produced.
	•	The splitter reject material was collected in green plastic bags and put aside
	Drilling AC
	•	NQ diameter aircore drilling used to collect a ~25 kg sample per metre.
	•	Drill cutting (chips) samples placed in 1m piles on the ground in order of downhole progress.
	•	Industry-standard technique.
	•	For Livingstone North Data has been collated from WAMEX report A19665. See KSN ASX Announcement 29
		November 2016.
Drilling	•	Kingsley- Reverse Circulation (RC)
techniques	•	Kingsley, Dampier, Drake - Air Core (AC)
	•	Livingstone North- Rotary Air Blast (RAB)
Drill sample	Drilling RC
recovery	•	Sample quality (including wet vs. dry and qualitative recovery) is logged at the drill site.
	•	Duplicate samples are collected at the drill site (see below) to enable analysis of data precision.
	Drilling AC
	•	Aircore drilling was used with blade drill bit used for the majority of drilling. Where hard rock layers prevented
		penetration a reverse circulation hammer was used to penetrate layer, then return to blade, until blade refusal
		at base of weathering.
	•	Livingstone North - Quantitative sample recovery data was not recorded
Logging	•	All samples were geologically logged. Logging is qualitative in nature.
Sub-	Drilling RC
sampling	•	1m samples were split using a rig mounted rotary splitter and placed into uniquely numbered bags.
techniques	•	The sample size ~2.5kg is appropriate to the style of mineralisation.
and sample	•	Duplicate samples (field duplicates) were collected at drill site, 1 in every 40 samples
preparation	•	A separate sample is sieved from the splitter reject material into chip trays and used for geological logging
	•	A number of 4m composite samples were also taken, with ~500g spear sample was taken every 1m (total
		~2.5kg) and placed into uniquely numbered bags.
	Drilling AC
	•	A ~500g spear sample was taken from every 1m and placed into uniquely numbered bags.
	•	Duplicate samples (field duplicates) collected at drill site 1 in every 40 samples.
	•	LivingstoneNorth -allsamplingwas2mcomposite;nofurther informationavailable.
Quality of	Drilling RC
assay data	•	Samples were analysed at Intertek Genalysis in Perth. Samples were dried at approximately 120°C with the
and		sample then being presented to a robotic circuit. In the robotic circuit, a modified and automated Boyd crusher
laboratory tests		crushes the samples to –2mm. The resulting material is then passed to a series of modified LM5 pulverisers and ground to a nominal 85% passing of 75μm. The milled pulps were weighed out (50g) and underwent analysis by fire assay (method FA50/OE04)
	•	Kingston submitted standards and blanks along with field rotary split duplicates. These were inserted at a
		ratio of approximately 1-in-40 samples into the sampling sequence as part of the QA/QC process.
	Drilling AC
	•	Samples were analysed at Intertek Genalysis in Perth. Samples were dried at approximately 120°C with the
		sample then being presented to a robotic circuit. In the robotic circuit, a modified and automated Boyd crusher
		crushes the samples to –2mm. The resulting material is then passed to a series of modified LM5 pulverisers
		and ground to a nominal 85% passing of 75μm. The milled pulps were weighed out (25g) and analysed by
		Aqua Regia (method AR25/MS). Samples reported above sample detection limits and were re-assayed using
		Fire Assay (method FA25/OE).
	•	Kingston submitted standards and blanks along with field duplicates. These were inserted at a ratio of
		approximately 1-in-40 samples into the sampling sequence as part of the QA/QC process.
	•	Livingstone North - Endeavour Resources sent samples to Pilbara Laboratories with Fire Assay used for Au and Atomic Absorption Spectrophotometry

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Criteria	Commentary	Commentary
Verification	•	No independent data verification procedures were undertaken other than the QA/QC mentioned above.
of sampling	•	Field data is entered into spreadsheets and copies sent to head office each day and imported into the Kingston
and		main externally managed access database.
assaying
	•	Livingstone North -To date Kingston has not conducted any verification sampling/drilling at the Livingstone
		North
Location of	•	Kingston drill hole location coordinate information was collected by Kingston nominated personal.
data points	•	Using handheld Garmin 64S GPS utilising GDA 94 Zone 50. Positions are accurate to +/- 3m horizontal and
		+/- 10m vertical.
	•	Coordinates are referenced to the Map Grid of Australia (MGA) zone 50 on the Geographic Datum of Australia
		(GDA94)
	•	Livingstone North - location was surveyed using tapes and compasses. Current location digitised and geo-
		referenced from historic location plans within WAMEX Report A19665.
Data	•	Significant intervals are reported as indicated in the relevant figure(s) and table(s) in the body of the
spacing and		announcement, note downhole intervals quoted.
distribution	Drilling RC
	•	The RC drilling program was designed to confirm and advance geological interpretation from previous
		regional air core program that identified the Kingsley prospect (ASX:KSN 21/08/18)
	•	Drill hole and sample spacing is appropriate for this stage of exploration.
	•	Additional data from any future closer-spaced (infill) drilling may change the shape and tenor of stated
		anomalies and geological interpretation.
	Drilling AC
	•	Regional-scale aircore drilling program designed to inform geological interpretation and identify geochemical
		anomalies.
	•	Drill hole and sample spacing is appropriate for the purpose and context in which the exploration results are
		reported.
	•	Additional data from any future closer-spaced (infill) drilling may change the shape and tenor of stated
		anomalies and geological interpretation.
	•	Livingstone North – Drilling is at approximate 40m (line space) x 40m (hole space)
Orientation	•	Mineralisation is interpreted to be on west-northwest-trending structures dipping to the north, and as such, the
of data in		primary drill direction of 180° is appropriate to achieve practical intersection angles.
relation to
geological
structure
Sample	•	Chain of custody was managed by Kingston. No issues were reported.
security	•	Livingstone North- Sample security protocols for the historic data is not recorded
Audits or	•	No audits have been undertaken.
reviews

Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.)

Criteria Commentary	15
Mineral tenement and land tenure status • Kingston Resources Limited owns 75% interest in the Livingstone Gold Project from Trillbar Resources Pty Ltd. Livingstone (E52/3403) is located northwest of Meekatharra in Western Australia, is an advanced exploration project with an existing JORC2004 Inferred Au resource of 49,900 ounces and a number of high-grade drilling intersections that indicate excellent potential for additional discoveries.
Exploration done by other parties • The project has been subject to exploration by several companies over the past 30 years. A detailed summary of previous exploration is available in the KSN ASX announcement 29 November 2016. This work has been built upon by successive explorers, culminating most recently in the work done by Talisman MiningLtdpursuant to the resource estimation at the Boundary prospect.
Geology • The target area sits within a west-northwest trending, western arm of the Palaeoproterozoic Padbury and Bryah Basins, enclosed to the north, west and south by Archaean rocks of the Yilgarn Craton. The sedimentary, volcanic and intrusive basin rocks lie in faulted contact with the Yarlaweelor Domain of the

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Criteria	Commentary	Commentary
		Yilgarn Craton to the north, and the Narryer Terrane to the south. Gold deposits within the basins are
		typically structurally-controlled orogenic lodes, with the major deposits associated with units of the
		Narracoota Formation and its contacts with the adjacent formations of the Bryah Group (Harmony mine)
		and Padbury Group (Labouchere, Horseshoe and Fortnum mines). Structurally, there is a spatial correlation
		between known gold mineralisation and a series of west to north-northwest trending strike-parallel faults of
		the Livingstone shear zone.
Drill hole	•	Hole locations and orientations are displayed in the table within the body of the announcement.
Information
Data	•	Samples are 1m or 4m composites, there is no weighting applied. Intervals are reported as a simple
aggregation		arithmetic mean grade.
methods	•	Livingstone North - all sampling was 2m composite
Relationship	•	Only down hole lengths are reported. All drill holes are angled to MGA grid south which is approximately
between		perpendicular to the orientation of the mineralised trend.
mineralisation
widths and
intercept
lengths
Diagrams	•	See figures in release
Balanced	•	The cut-off grade used in determining significant intersections is shown in the table within the body of this
reporting		announcement. Lower grade or unmineralised sections of the hole are not reported.
Other	•	Mapping and structural data is not available at this stage
substantive	•	Other relevant exploration data is released to the market on an ongoing basis.
exploration
data
Further work	•	Exploration drilling is planned to continue for the remainder of 2019 and into 2020.
	•	Further work will involve diamond drilling, structural mappingand interpretation.