Kingsgate Consolidated Limited – ASX:KCN – (“Kingsgate”) announces that it has entered into an agreement to purchase the Bowdens silver project in New South Wales (N.S.W.), Australia from a wholly-owned subsidiary of Silver Standard Resources Inc. (“Silver Standard”) (http://www.silverstandard.com/), subject to the satisfaction of certain conditions precedent. Bowdens, located some 240km west of Sydney, is…
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Kingsgate Consolidated Ltd (ASX: KCN) has received final approvals to access all mining areas at the Chatree Gold Mine operated by Akara Mining, the wholly owned subsidiary of Kingsgate. Akara’s initial focus as required by the Highways Department will be to address a wall failure and stress cracks that were accentuated by the early onset…
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HIGHLIGHTS Copper Hill Stage 1 Feasibility Study completed by NERIN Management team now in place, Project Manager appointed On-going drilling confirms and extends known mineralisation Other Projects Gravity survey completed on South Australian tenements Cargo drilling delayed with rig retained at Copper Hill New VTEM interpretation for Cobar region projects For more information visit the…
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