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Kingston Resources Limited (ASX:KSN)

ALERT: Price-sensitive ASX Announcement for KSN
Current share price for KSN : $0.034 -0.106 (-75.71%)+
Announcement
Release
30 Oct 2025 8:32AM
Price at Release
$0.140
Full Release
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Summary
Kingston Resources Limited reported a strong financial position for the quarter ending 30 September 2025, with $31 million in cash and no debt. The company saw a 10% increase in revenue to $15.8 million and a rise in gold and silver production. Gold production increased by 3% to 2,909 ounces, while silver sales surged 64% to 25,039 ounces. The company successfully commissioned a concentrate flotation plant, increasing throughput and reducing costs. Mining operations advanced at Pearse North and South, with underground mining preparations on track to start in November. The company anticipates further production increases in FY26, supported by higher grades from Pearse South and expanded underground operations. Kingston also executed strategic recruitment and equipment procurement for underground operations, further strengthening its owner-operator strategy.
Key Points
  • Strong financial position with $31 million cash and no debt.
  • Revenue increased by 10% to $15.8 million.
  • Gold production rose by 3% to 2,909 ounces.
  • Silver sales increased by 64% to 25,039 ounces.
  • Successful commissioning of concentrate flotation plant.
  • Increased plant throughput and reduced costs.
  • Mining operations progressed at Pearse North and South.
  • Underground mining preparations are on track.
  • Anticipated production increases in FY26.
  • Strategic recruitment and equipment procurement for underground operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.