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    market news

    Kingsgate Buys NSW Silver Project for A$75 Million

    Investing News Network
    Aug. 01, 2011 11:02AM PST
    Silver Investing

    Mining Weekly reported that Kingsgate Consolidated (ASX:KCN) has acquired the Bowdens silver project.

    Mining Weekly reported that Kingsgate Consolidated (ASX:KCN) has acquired the Bowdens silver project.

    The market news is quoted as saying:

    Using the Diggers & Dealers conference as a platform, Kingsgate CEO Gavin Thomas said that the Bowdens project had an existing measured and indicated resource of some 79.5-million ounces, as well as an inferred resource of 17.6-million ounces.

    To read the full market news, click here.

    asx:kcnmarket news
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