Kingsgate Consolidated Ltd - Company Profile
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Business Description
Kingsgate Consolidated Ltd (Kingsgate) is a metal and mining company. It explores and develops gold and silver commodities. The company has two projects namely, Chatree gold mine and Nueva Esperanza gold/silver. The company’s project in operation is Nueva Esperanza silver/gold project in Northen Chile, and Chartee gold mine in Thailand. As of June 2023,, the company’s Nueva Esperanza project had proven and probable reserves of 17 million tonnes (Mt) which contains 0.3 million ounces (Moz) of gold (Au) at a grade of 0.5 gram per tonne (g/t) Au, 47.8 Moz of silver (Ag) at a grade of 87 g/t Ag. It also has total resources (measured, indicated, and inferred resources) of 39.4 Mt containing 0.49 Moz of gold at a grade of 0.39 g/t Au, 83.4 Moz of silver at a grade of 66 g/t Ag.
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