Kingston Resources Limited has outlined a transformative strategy that couples the divestment of its Misima Gold-Silver Project with an accelerated growth plan at its Mineral Hill asset. The company is targeting immediate and longer‐term cash flow and balance sheet improvements through the divestment while reinvesting in its core operating asset. The Misima divestment will be executed by selling the wholly owned subsidiary holding the project to a fully Papua New Guinean owned mining entity. The transaction carries a total consideration of US$95 million, distributed as US$50 million in upfront cash, US$10 million deferred for 12 months post-completion, a further US$10 million on a positive final investment decision for commercial scale development, and a 0.5% uncapped gross revenue royalty that kicks in after the production of 500,000 ounces of gold or gold equivalent. This move is set to eliminate cash outflows of up to US$4 million per year and will provide sufficient funds to clear a US$15 million debt facility, thereby strengthening the company’s financial structure. At Mineral Hill, the company is building on its existing successes by ramping up production and expanding exploration. The current life of mine plan is underpinned by a blend of 51% Ore Reserves, 11% measured and indicated resources, and 38% inferred resources. In the first 12 months, 89% of the production target is based on measured and indicated resources, and it remains robust at 80% over 36 months. Recent achievements include 42,000 ounces of gold sold and US$38 million delivered in operating cash, alongside approvals for plant expansion to a capacity of 700,000 tonnes per annum. The Mineral Hill asset, with its operating processing facility—the only one in southern Cobar—positions the company to capitalize on significant infill, extensional, and near-mine open pit and underground drilling opportunities. Technical drilling programs are already underway, focusing on the Southern Ore Zone with depths ranging from 450 meters to 1,800 meters to target higher-grade copper and gold zones. This program, along with greenfields exploration on nearby licenses, supports the aim to extend the current six-year mine life and potentially double the production rate over time. The upcoming resource updates and further exploration results will be key for unlocking additional ore bodies and extending overall mine life. Financially, these strategic moves offer improved liquidity and operational flexibility. The divestment of Misima not only injects substantial cash into the balance sheet but also removes ongoing cash burdens, thereby paving the way for new drilling programs and regional expansion initiatives at Mineral Hill. The company is thus poised to create shareholder value, balancing near-term liquidity gains with long-term resource and production growth. Market sentiment appears cautiously optimistic. On the bullish side, the significant upfront cash injection, debt reduction, and strategic focus on ramping up a proven, approved asset bode well for the company’s growth prospects. Mineral Hill’s established processing facility and captured market share provide a solid foundation for expansion. Conversely, bearish views are warranted given the inherent uncertainties linked to inferred resource conversion and potential delays in regulatory approvals, which may impact the pace of resource upgrades and production targets. As a result, while the long-term outlook remains promising with multiple growth catalysts, near-term execution risk and market volatility could temper investor enthusiasm.