Kingston Resources Ltd (ASX:KSN) has revealed further potential for growth at the Eastern Ore Zone (EOZ) of the Mineral Hill Project in central New South Wales with a broad interval of high-grade gold, just outside the existing underground development on the tenure.
Two holes were drilled to test down-dip extensions of historical mineralisation, confirming the presence of a continuous lode with results of 22 metres at 4.58 g/t gold from 127 metres and a higher-grade component of 3 metres at 25.94 g/t from 127 metres.
Potential mine life extension
“Mineral Hill is an impressive mineral deposit with a large number of orebodies in a relatively small area,” Kingston Resources managing director Andrew Corbett said.
“Kingston has focused its technical work on areas that will allow it to rapidly advance to hard rock mining.
“In addition, there are other resource zones within the deposit that could also be mined to create additional value.
“We are particularly excited about the EOZ zone, where the company has the potential to mine high-grade gold.
“This is a major development for Kingston and serves as an additional catalyst for the potential extension of mine life at Mineral Hill.”
The mineralisation at the EOZ remains open both down plunge and along strike, with multiple lodes still to be tested, offering plenty of potential upside for the mineral resource at Mineral Hill.