Highlights

  • Kingsgate (ASX:KCN) operates the Chatree gold and silver mine in Thailand.
  • Chatree produced 86,078 ounces of gold in FY26.
  • FY26 silver output at Chatree reached 766,009 ounces.
  • The June 2026 reserves update covered both Chatree and Nueva Esperanza.

Kingsgate Consolidated Limited (ASX:KCN) produces gold and silver at the Chatree mine in Thailand and holds the Nueva Esperanza development project in Chile. Its shares traded at AUD 4.47 on 11 November 2026, down 1.00% for the session. The latest 2026 annual production and mineral-reserve information provides context for ongoing processing, exploration and development activity.

Production in Thailand and Development in Chile

Chatree is Kingsgate’s operating precious-metals asset, producing both gold and silver through its Thailand processing facilities. Nueva Esperanza is a gold-silver development asset in northern Chile, with mineral resources and reserves distinct from Chatree’s operating output. These Assets face different technical, regulatory and Capital requirements.

The company’s exposure to two precious metals means production volumes and realised Revenue can respond differently to changes in gold and silver prices. Mine-life estimates also rely on grade, recovery and economic assumptions; they are not fixed guarantees of future output.

FY26 Gold and Silver Operating Results

Kingsgate (ASX:KCN) reported that Chatree produced 86,078 ounces of gold and 766,009 ounces of silver during FY26. These results concern metal produced over the financial year ended 30 June 2026 and should not be mistaken for the September quarter or for metal sales.

Current operating assessment centres on maintaining plant availability, mine-feed quality and recovery rates as Chatree continues production. Its processing infrastructure comprises two parallel plants, and quarterly performance can vary with ore sequencing and maintenance. Without a verified subsequent quarterly production figure, annual output should not be extrapolated into a new quarterly estimate.

Resources, Reserves and Asset Context

Kingsgate (ASX:KCN) published June 2026 estimates containing approximately 3.5 million ounces of gold and 85.9 million ounces of silver in total Mineral Resources across its assets. Total Ore Reserves were estimated at about 1.4 million ounces of gold and 61.4 million ounces of silver.

Mineral Resources and Ore Reserves are different technical classifications, and the resource figure includes reserves rather than representing additional ounces on top. The estimates incorporate project-specific assumptions and competent-person assessment. Nueva Esperanza contributes to the company’s resource position but remains a development rather than a producing operation.

Operating Considerations and What Comes Next

At Chatree, grades, recoveries, mine scheduling and availability of processing equipment influence future gold and silver output. Royalties and operating costs also affect financial results. At Nueva Esperanza, project studies, approvals and development costs remain separate considerations from the Thai Mining operation.

Kingsgate (ASX:KCN) can be followed through subsequent Chatree production disclosures, updates on regional exploration and any further development decisions in Chile. Changes to reserve estimates or operating guidance should be evaluated using the specific reporting period and assumptions stated in each company release.

Key Insights

Kingsgate (ASX:KCN) reported FY26 production of 86,078 gold ounces and 766,009 silver ounces at Chatree. Updated resource and reserve estimates provide longer-term context, while subsequent mine output and project updates remain the primary monitoring points.