Director, RaaS Research Group, Research as a Service (RaaS)

Research as a Service (RaaS)

Director, RaaS Research Group

Insightful Financial Models and Research Analysis

Connect to the right investors through smart and insightful financial models and research analysis.

Equity Bottom-Up

<ul><li>Kingston Resources Limited (ASX:KSN) is an ASX-listed gold and copper mining company with two significant projects at Mineral Hill (Cobar, NSW), where the tailings production project is delivering record quarterly results, and the 3.8Moz Misima Gold Project in PNG, with a recently completed DFS.</li><li>The tailings project at Mineral Hill is a precursor to the company’s aim to return to full-scale mining through building the reserves and resources base during 2023.</li><li>The company expects to commence open-pit operations at the Pearse deposits in early 2024, progressing to underground works and first copper in late 2024 from the Southern Ore Zone.</li></ul>

Kingston Resources Limited (ASX:KSN) is an ASX-listed gold and copper mining company with two significant projects at Mineral Hill (Cobar, NSW), where the tailings production project is delivering record quarterly results, and the 3.8Moz Misima Gold Project in PNG, with a recently completed DFS.The tailings project at Mineral Hill is a precursor to the company’s aim to return to full-scale mining through building the reserves and resources base during 2023.The company expects to commence open-pit operations at the Pearse deposits in early 2024, progressing to underground works and first copper in late 2024 from the Southern Ore Zone.

Kingston Resources Limited - Building a Production Base

Materials Analyst/Strategist, Janus Analysis

Gaius King

Materials Analyst/Strategist

Accelerating Tomorrow’s Independent Research

Boost Research

Boost Research Ltd is an appointed representative of Messels Ltd which is authorised and regulated by the FCA of the UK. 

This document is issued by Boost Research Limited solely for its clients. It may not be reproduced, redistributed or passed to any other person in whole or in part for any purpose without written consent of Boost Research. The material in this document is not intended for distribution or use outside the United Kingdom. This material is not directed at you if Boost Research is prohibited or restricted by any legislation or regulation in any jurisdiction from making it available to you.

This document is provided for information purposes only and should not be regarded as an offer, solicitation, invitation, inducement or recommendation relating to the subscription, purchase or sale of any security or other financial instrument.  This document does not constitute, and should not be interpreted as, investment advice.  It is accordingly recommended that you should seek independent advice from a suitably qualified professional advisor before taking any decisions in relation to the investments detailed herein. All expressions of opinions and estimates constitute a judgement and, unless otherwise stated, are those of the author and the research department of Boost Research only, and are subject to change without notice. Boost Research is under no obligation to update the information contained herein. Whilst Boost Research has taken all reasonable care to ensure that the information contained in this document is not untrue or misleading at the time of publication, Boost Research cannot guarantee its accuracy or completeness, and you should not act on it without first independently verifying its contents. This document is not guaranteed to be a complete statement or summary of any securities, markets, reports or developments referred to herein. No representation or warranty either expressed or implied is made, nor responsibility of any kind is accepted, by Boost Research or any of its respective directors, officers, employees or analysts either as to the accuracy or completeness of any information contained in this document nor should it be relied on as such. No liability whatsoever is accepted by Boost Research or any of its respective directors, officers, employees or analysts for any loss, whether direct or consequential, arising whether directly or indirectly as a result of the recipient acting on the content of this document, including, without limitation, lost profits arising from the use of this document or any of its contents.

This document is provided with the understanding that Boost Research is not acting in a fiduciary capacity and it is not a personal recommendation to you. Investing in securities entails risks. Past performance is not necessarily a guide to future performance. The value of and the income produced by products may fluctuate, so that an investor may get back less than he invested. Investments in the entities and/or the securities or other financial instruments referred to are not suitable for all investors and this document should not be relied upon in substitution for the exercise of independent judgment in relation to any such investment. The stated price of any securities mentioned herein will generally be the closing price at the end of any of the three business days immediately prior to the publication date on this document. This stated price is not a representation that any transaction can be effected at this price.

Boost Research and its respective analysts are remunerated for providing investment research to professional investors, corporations, other research institutions and consultancy houses. Boost Research, or its respective directors, officers, employees and clients may have or take positions in the securities or entities mentioned in this document.  Any of these circumstances could create, or be perceived as creating, conflicts of interest. Boost Research’ analysts are not censored in any way and are free to express their personal opinions. As a result, Boost Research may have issued other documents that are inconsistent with and reach different conclusions from, the information contained in this document. Those documents reflect the different assumptions, views and analytical methods of their authors. No director, officer or employee of Boost Research is on the board of directors of any company referenced herein and no one at any such referenced company is on the board of directors of Boost Research.

Messels is authorised and regulated in the United Kingdom by the Financial Conduct Authority for the provision of investment advice. Residents of the United Kingdom should seek specific professional financial and investment advice from a stockbroker, banker, solicitor, accountant or other independent professional adviser authorised pursuant to the Financial Services and Markets Act 2000. This report is intended only for investors who are 'professional clients' as defined by the FCA, and may not, therefore, be redistributed to other classes of investors.

The content of this report is covered by our Policy of Independence which may be viewed at www.messels.com.

 

Analysts’ Certification

The analysts involved in the production of this document hereby certify that the views expressed in this document accurately reflect their personal views about the securities mentioned herein. The analysts point out that they may buy, sell or already have taken positions in the securities, and related financial instruments, mentioned in this document

<ul>
<li><a href="https://www.smartkarma.com/entities/5124" target="_blank" data-smartkarma-citation="entities:5124:1">Azumah Resources (AZM AU)</a> rated a Speculative BUY</li>
<li>
99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au</li>
<li>DDHs from current programme targeting down-dip from existing intercepts</li>
<li>Key drill results expected over next few weeks</li>
<li>1Moz Reserve, 2.5Moz Resource</li>
<li>US$1,77M NPV5%, 1.6yr payback.</li>
<li>US$886/oz AISC (all-in sustaining cost)</li>
<li>
<a href="https://www.smartkarma.com/entities/5124" target="_blank" data-smartkarma-citation="entities:5124:1">Azumah Resources (AZM AU)</a> , <a href="https://www.smartkarma.com/entities/18705" target="_blank" data-smartkarma-citation="entities:18705:1">Emmerson Resources (ERM AU)</a>, <a href="https://www.smartkarma.com/entities/1270" target="_blank" data-smartkarma-citation="entities:1270:1">Xanadu Mines (XAM AU)</a>, <a href="https://www.smartkarma.com/entities/20216" target="_blank" data-smartkarma-citation="entities:20216:1">Kingston Resources (KSN AU)</a>, <a href="https://www.smartkarma.com/entities/14492" target="_blank" data-smartkarma-citation="entities:14492:1">Oklo Resources (OKU AU)</a>, <a href="https://www.smartkarma.com/entities/5035" target="_blank" data-smartkarma-citation="entities:5035:1">Blackham Resources (BLK AU)</a>, <a href="https://www.smartkarma.com/entities/5749" target="_blank" data-smartkarma-citation="entities:5749:1">Dacian Gold Ltd (DCN AU)</a>, <a href="https://www.smartkarma.com/entities/6192" target="_blank" data-smartkarma-citation="entities:6192:1">De Grey Mining (DEG AU)</a>, <a href="https://www.smartkarma.com/entities/19060" target="_blank" data-smartkarma-citation="entities:19060">Austar Gold (AUL AU)</a>, <a href="https://www.smartkarma.com/entities/27949" target="_blank" data-smartkarma-citation="entities:27949">Strategic Minerals PLC (SML LN)</a>, <a href="https://www.smartkarma.com/entities/27950" target="_blank" data-smartkarma-citation="entities:27950">Asiamet Resources Ltd (ARS LN)</a>, <a href="https://www.smartkarma.com/entities/27951" target="_blank" data-smartkarma-citation="entities:27951">Landore Resources Ltd (LND LN)</a>
</li>
</ul>


Azumah Resources (AZM AU) rated a Speculative BUY

99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au
DDHs from current programme targeting down-dip from existing intercepts
Key drill results expected over next few weeks
1Moz Reserve, 2.5Moz Resource
US$1,77M NPV5%, 1.6yr payback.
US$886/oz AISC (all-in sustaining cost)

Azumah Resources (AZM AU) , Emmerson Resources (ERM AU), Xanadu Mines (XAM AU), Kingston Resources (KSN AU), Oklo Resources (OKU AU), Blackham Resources (BLK AU), Dacian Gold Ltd (DCN AU), De Grey Mining (DEG AU), Austar Gold (AUL AU), Strategic Minerals PLC (SML LN), Asiamet Resources Ltd (ARS LN), Landore Resources Ltd (LND LN)



New J. Hutton Exploration Report (Week Ending 22/02/19)

Australia

Kingston Resources Limited is a mineral exploration company. The Company owns a portfolio of significant gold and copper projects in the Gawler Craton of South Australia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Kingston Resources (KSN AU)

Kingston Resources Limited - Building a Production Base

The tailings project at Mineral Hill is a precursor to the company’s aim to return to full-scale mining through building the reserves and resources...

Research as a Service (RaaS)

New J. Hutton Exploration Report (Week Ending 22/02/19)

Azumah Resources (AZM AU) rated a Speculative BUY 99.5m at 2.2g/t Au complements ‘discovery hole’ (75m above) - 93.1m at 2.3g/t Au DDHs...

Boost Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)