Kingston Resources Limited reported that gold sales from the Tailings Project at Mineral Hill reached a monthly record of 1,776oz. ASIC decreased a further 12% in March to AUD 1,432/oz, while the average gold price received increased 7% to AUD 2,865/oz. In recent weeks, the Company has seen a reduction in the cost of some key consumables at the operation.

The operational and sales performance have directly contributed to an increase in cash on hand for the Company, rising from $6.8 million at the end of December to $9.5 million at the end of the March.