Kingsgate Consolidated (ASX:KCN) upgrades stockpiles; makes new appointments to management team

• Kingsgate Consolidated (KCN) unveils an upgrade to its gold stockpiles in its June quarterly report following a thorough stockpile density assessment
• The total stockpile now stands at 7.6 million tonnes, giving Kingsgate more than 2.5 years of mill feed at its current rate
• KCN also appoints Stephanie Wen as its new General Counsel and Secretary and hires Rob Kinnaird as Acting General Manager of Operations
• KCN shares closed 2.05 per cent higher, trading at $1.25 at market close

Kingsgate Consolidated (KCN) has unveiled an upgrade to its gold stockpiles in its latest quarterly report, following a thorough stockpile density assessment.

The total stockpile, as of July 2023, stands at 7.6 million tonnes, giving Kingsgate more than 2.5 years of mill feed to last at the current rate.

Today, the company announced the appointment of two experienced professionals to its management team.

Kingsgate has appointed Stephanie Wen as its new General Counsel and Company Secretary.

Ms Wen holds a background in corporate transactions and legal advisory services, as well as experience in cross-border mergers and acquisitions, IPOs, and capital raising in the Asian and Australian markets.

Additionally, the company appointed Rob Kinnaird as Acting General Manager of Operations, bringing 36 years of experience in the mining industry to the role, including a background in copper, gold, and nickel operations, as well as safety management systems.

Mr Kinnaird has knowledge in maintenance, operating, and management skills which have allowed him to develop multidisciplinary teams to achieve key operational outcomes.

“These are the next steps in refreshing the management team to continue building for the future.” KCN Executive Chair Ross Smyth-Kirk said.

“We are confident that Stephanie’s and Rob’s knowledge and experience will bring valuable contributions to our organisation.”

KCN shares closed 2.05 per cent higher, trading at $1.25 at market close.