Kingston Resources Limited (ASX: $KSN) presented its capital raising presentation for March 2024, outlining strategic initiatives and key highlights. The company is focused on accelerating to hard rock mining, particularly with a step change in cash flow through open pit mining, infill and expansion of underground resources, and the commencement of underground drilling and development. The presentation also emphasizes the importance of forward-looking statements and provides a disclaimer regarding the information contained in the presentation.
The company is committed to executing a clearly defined strategy, leveraging the existing gold-copper asset base while advancing future growth opportunities, and maximizing returns from Mineral Hill and Misima. We are also dedicated to investing in our people and the community, particularly in Condobolin, and operating in a safe, responsible, and sustainable way through our ESG framework. The strategic advantage from ownership of flexible processing capacity and 8.9Mt of polymetallic resources, with a clear path to underground mining leading to increasing levels of copper and zinc production, positions us for long-term success.
Kingston Resources Limited (ASX: $KSN) has presented its capital raising presentation for March 2024, outlining its strategic initiatives and key highlights. The company is focused on accelerating to hard rock mining, with a focus on open pit mining, infill and expansion of underground resources, and the commencement of underground drilling and development. The presentation also emphasizes the importance of forward-looking statements and provides a disclaimer regarding the information contained in the presentation. Kingston Resources highlights its successful completion of the Mineral Hill Tailings Project, near-term expansion of cash flow, plant refurbishment and expansion options, growth in resources and reserves, strategic value of existing processing capacity, and the role of Mineral Hill in supporting the energy transition. The company also provides information about its corporate snapshot, regional setting, highly experienced executive team, equity raising summary, indicative equity raising timeline, sources and uses of funds, and the Misima Gold Project. Additionally, the presentation covers the company's focus on building a safety culture and establishing its ESG framework, exploration within EL1999, Mineral Hill Mine resources and reserves, and the Misima Gold Project resources and reserves. Metal equivalents and key risks are also outlined in the presentation. The company's commitment to executing a clearly defined strategy, investing in its people and the community, and operating in a safe, responsible, and sustainable way, positions it for long-term success.