Financial Wire

Kingston Resources Confirms High-Grade Polymetallic Mineralization at New South Wales Mine; Shares Up 4%

-- Kingston Resources (ASX:KSN) confirmed high-grade polymetallic mineralization from underground infill drilling at Southern Ore Zone within its Mineral Hill Mine in New South Wales, according to a Wednesday filing with the Australian bourse.

Results include 2.1 meters at 14% lead, 3.98% zinc, 59 grams per tonne grade of silver from 36 meters, 1.1 meters at 7.79% lead, 4.38% zinc, 46 g/t grade of silver from 41 meters, the filing said.

Underground diamond drilling and level development will be conducted at the Southern Ore Zone, per the filing.

Shares rose 4% in midday trade on Wednesday.

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