Photo credit: Kingston Resources - Misima Gold Project Regional Overview
Kingston Resources Limited is pleased to announce that following the recent conclusion of the Misima Gold Project Definitive Feasibility Study the Kingston Board has commenced a strategic review of the Company’s interest in the Project.
The review will assess all options to maximise shareholder value of Kingston’s 100% interest in the Misima Gold Project. It will be conducted in parallel with ongoing Mining License and Environmental and Social Impact Assessment work programs which are expected to be concluded in the September quarter.
Kingston has appointed ICA Partners to support the strategic review process. ICA is specialist mining advisor with wide-ranging transactional experience gained over many years in many commodities and jurisdictions. It maintains widespread relationships across global corporate and capital markets.
Kingston Resources Managing Director, Andrew Corbett, said: “The Board, in consultation with ICA Partners, look forward to investigating opportunities to advance the Company’s interest in Misima by identifying, evaluating and entering into potential strategic transactions relating to the long-term value opportunity at Misima. We look forward to working on this exciting review, and we are confident that there are strategic opportunities to advance the Misima Gold Project, but more importantly to achieve significant value creation for our shareholders.”
Article courtesy of Kingston Resources
