Kingsgate Consolidated Limited is an Australia-based gold and silver mining, development and exploration company. The Company owns the Chatree Gold Mine (Chatree) in Thailand. In addition, the Company has an advanced development project, Nueva Esperanza, in the Maricunga Gold/Silver Belt in Chile. Chatree is in central Thailand, approximately 280 kilometers (km) north of Bangkok. Chatree has a metallurgical processing license (MPL) No. 1/2551, and four mining leases (MLs), which includes 26910/15365, 26911/15366, 26912/15367 and 25528/14714. The Nueva Esperanza Project is a feasibility-stage development project with a resource base of about 0.49 million ounces of gold and 83.4 million ounces of silver. The Nueva Esperanza Project is in the maricunga gold belt of the atacama region of northern Chile, approximately 140 km north-east of the city of copiapo, a regional mining center. The Nueva Esperanza Project consists of various deposits hosted in a high sulphidation epithermal system.