Kingston Resources Limited (ASX: KSN) appears to be on target to bring the historic Misima mine back into production with of promising results from the latest definition drilling campaign at the Ewatinona deposit.
Managing Director, Andrew Corbett, says the Phase 2 Resource programme at Ewatinona, part of the Quartz Mountain region at the 2.8Moz Misima Gold Project, is off to a strong start, with encouraging high-grade results delivered from the first three drill holes.
New gold intersections from drilling at Ewatinona include: 6m @ 2.46g/t Au from 4m; 3.6m @ 2.05g/t Au from 21.3m; 4.8m @ 1.07g/t Au from 43.2m; and 33.16m @ 0.87 g/t Au from 90m; including 11.56m @ 1.44 g/t Au from 111.6m; and 11.6m @ 0.84 g/t Au from 90m; 10.2m @ 3.68g/t Au from 10m, including 4.2m @ 2.03 g/tAu; and 4m @ 7.15g/t Au, including 1.4m @ 18.58 g/tAu; 10m @ 0.91g/t Au from 40m, including:6m @ 1.16 g/t Au; 15.6m @ 1.18g/t Au from 49.6m; an 5.5m @ 0.91g/t Au from 67.8m.
This represents a very strong start to our Phase 2 drilling programme at Ewatinona, which is aimed at upgrading and potentially expanding the existing 220,000 ounce Inferred Resource,” Mr Corbett said
“Following the excellent results we’ve recently reported at Misima North and Umuna East, we are pleased to be delivering drilling success across all three of the potential starter pit areas we’ve identified, putting us well on track with our clearly defined strategy of identifying shallow mineralisation to provide early mill feed at Misima.
“Drilling results will feed into a Mineral Resource update that we expect to deliver mid-year, which will then form the foundation for a Pre-feasibility Study which we hope to deliver by year-end.
“Drilling within the Quartz Mountain area is expected to continue throughout the current quarter, including some eagerly anticipated follow-up holes at the Abi discovery, where our previous drilling returned 23.6m @ 2.91g/t Au from 7.4m.
“While this drilling is ongoing, we will also assess the full suite of recent results from Misima North, Umuna East and Quartz Mountain to determine key priorities for further drilling.”
The latest drilling represents the first drill holes undertaken since completion of the 2019 Phase 1 drilling programme and subsequent review of the geological model at Ewatinona.
Mr Corbett, said Phase 1 confirmed the style of mineralisation, tenor of grade, and intersected new mineralised structures outside of the existing Mineral Resource.
Phase 2 Resource definition drilling is targeting:
- Infill between historical drilling;
- Potentially mineralised zones outside and below the US$1400 pit shell that constrains the current Mineral Resource; and
- Along-strike extensions of mineralised structures interpreted from surface geochemistry.
Mr Corbett, said Phase 2 drilling completed to date has intersected veins and structures characteristic of the ore historically mined at Ewatinona, with all three drill holes traversing multiple intervals of gold mineralisation with substantial apparent widths, the larger intervals ranging between 10m and 33m, each containing a higher grade core within the broader mineralised zone.
These intercepts confirm the geometry and location of interpreted moderate to steep dipping structures and mineralised zones within that region of the Mineral Resource.