Kingsrose Mining Limited is an ASX Listed (ASX: KRM) gold production and exploration company with an 85% interest in the Way Linggo Project in South Sumatra, Indonesia. The Way Linggo Project is considered highly prospective for low sulphidation epithermal gold deposits. Kingsrose holds its interest in the Way Linggo Project through its 85% owned Indonesian subsidiary PT Natarang Mining (PTNM), owner and operator of the Way Linggo Project.
The Way Linggo Project is held under a 100km2, 4th generation Contract of Work (CoW) with the Indonesian Government and is located on the mineral rich Trans-Sumatran Fault, part of the Pacific Rim of Fire. The Project has established infrastructure with a 140Ktpa Merrill Crowe gold circuit and has a track record of high grade, low cost gold production.
The Way Linggo Project is held under a 100km2, 4th generation Contract of Work (CoW) with the Indonesian Government and is located on the mineral rich Trans-Sumatran Fault, part of the Pacific Rim of Fire. The Project has established infrastructure with a 140Ktpa Merrill Crowe gold circuit and has a track record of high grade, low cost gold production.
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The Group strives to ensure that the appropriate level of environmental care is achieved within the Project area and is committed to conducting all operations in an environmentally sustainable manner. This approach is designed to mitigate any potential adverse impact our operations may have on both the environment and the community.
Kingsrose and PTNM are committed to upholding the highest occupational health and safety standards at the Way Linggo Project with respect to our employees, contractors and the local community.
PTNM employs dedicated Health & Safety and Environment Officers who are tasked with overseeing the creation of a safe and responsible working environment, identifying and mitigating any potential health and safety risks and ensuring adequate health and safety training is provided to all employees.
PTNM employs dedicated Health & Safety and Environment Officers who are tasked with overseeing the creation of a safe and responsible working environment, identifying and mitigating any potential health and safety risks and ensuring adequate health and safety training is provided to all employees.
Across all of its activities in Sumatra, Kingsrose and PTNM recognise the need to be socially responsible. The Group is committed to building a lasting, mutually rewarding relationship with the surrounding communities and implementing initiatives and structures that encourage the community to be self reliant that will in turn allow the community to grow and prosper beyond the lifetime of the Project.
Talang Santo is located within a major cluster of epithermal veining and is located 17km by an established all weather haul road from the Way Linggo processing plant. Underground mining continued with pleasing results - with grades exceeding expectations based on the Mineral Resource model with the mined grade exceeding 12g/t Au for two consecutive quarters.
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