KSN Restarts Drilling on Misima Gold Project
Following COVID travel restrictions, Kingston Resources (KSN) has restarted drilling at its Misima Gold Project in Papua New Guinea. The project includes extensional drilling and infill at the southeast end of the proposed Umuna pit and follow-up drilling at the Abi Discovery.
The 8,000 metre diamond drilling program, which is focusing on the Kulumalia area, was reported to have had two diamond rigs arrive.
In addition, the pre-feasibility study (PFS) of Misima has already entered into the final stages and is set to be finished in this quarter.
Managing Director, Andrew Corbett is confident that the team works well now toward bringing back gold in its production. "The Kulumalia area is a compelling target that represents the south-eastern extension of our main Umuna deposit and offers strong potential for Resource upgrade and expansion, and we are also looking forward to further testing the exciting emerging discovery at Abi-Kila," he said.
Even if the company has halted drilling since the pandemic, the firm has continued working on the updated Mineral Resource Estimate, the current Misima PFS, and the construction of a purpose-built sample preparation laboratory on-site, expected to improve assay turnaround times and reduce costs.
"I would like to thank our Misima team for sticking with us during what has been a challenging time in PNG - we are grateful to have everyone back in action, and we look forward to further advancing the Misima Gold Project, with the next major milestone being the completion of the PFS, which is anticipated this quarter," Corbett said.