Kingston Resources ramps up production at Mineral Hill processing plant

Kingston Resources Limited (ASX:KSN) has successfully ramped up production at the Mineral Hill processing plant, now reaching 400kt per annum. The facility achieved a record single-day throughput of 1,144 tonnes over the past four weeks, with the mill consistently operating at a 50tph, exceeding the nameplate design. Management is confident that further incremental improvements can be made by optimizing various inputs and operating conditions to both mine and the plant.

Kingston Resources Managing Director & CEO, Andrew Corbett, comments on the achievement

This is another impressive achievement from our mining and processing teams at Mineral Hill. Not only did we deliver the refurbishment at a low cost of $13.2m, but we have also rapidly increased production to exceed nameplate capacity. We have entered the growth stage at Mineral Hill.

Summary of Kingston Resources' Mineral Hill processing plant ramp-up

Kingston Resources (ASX:KSN) has successfully ramped up production at the Mineral Hill processing plant, achieving a record single-day throughput of 1,144 tonnes and consistently operating at a 50tph, exceeding the nameplate design. Gold recovery rates from oxide ore have consistently surpassed the initial forecast of 85%, and weekly gold and silver dore sales have been established, ensuring a reliable stream of income for the company. The Managing Director & CEO, Andrew Corbett, expressed confidence in further incremental improvements and highlighted the achievement as the entry into the growth stage at Mineral Hill. Kingston Resources aims to establish itself as a mid-tier gold and base metals company with multiple producing assets, including the 3.8Moz Misima Gold Project in PNG.