KRM Stock Discussion

Kingsrose Mining Limited   Description

Kingsrose Mining Limited is an Australia-based company engaged in production, exploration and development of its gold and silver deposits at the Way Linggo project in south Sumatra, Indonesia. The Company operates through gold and silver segment. The Company produces gold and silver dore at its Way Linggo project in Indonesia, which is refined locally in Indonesia to produce gold and silver granules. The Way Linggo project is located on the mineralized Trans-Sumatran fault, which is part of the Pacific Rim of Fire. The Company is producing from its second mine on the project area, Talang Santo. The Talang Santo is located within a cluster of epithermal veining and is situated approximately 17 kilometers from the Way Linggo processing plant. The Talang Santo mine includes Hanging Wall vein, Mawi vein and Splay vein. The Company focuses on areas, including Talang Cluster, Mitra Jaya, Way Handa, Rowo Rejo, Sindang Jaya, Petai Kayu and Talang Tebat in the Way Linggo project.

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gold Silver Sumatra Vein South Sumatra