Kingston Resources (ASX: KSN) has reported a stellar production performance in February, producing 1,370 ounces of gold at an all-in-sustaining cost (AISC) of $1,626/oz.
The producer says this marks a new high for average daily production at the Mineral Hill gold and copper mine located in the Cobar Basin of NSW.
Kingston Resources also plans to extend mine life and update the existing Resource base to underpin feasibility work and approvals.
The company also holds the 3.8Moz Misima gold project in Papua New Guinea.