Kingsgate Consolidated announced the results of seven step-out drill holes from the silver rich Cerro Blanco West Zone ("CBW") at its 100% owned Nueva Esperanza precious metals project in Chile. Nueva Esperanza is a feasibility-stage development project with a resource base of approximately 1.9 million ounces gold equivalent1. Nine Reverse Circulation ("RC") follow-up drill holes totaling 1,136 meters were completed on the Cerro Blanco West target in late 2017 following up on eight initial exploration holes previously reported. The best holes were: KRCO66, intercepted 18 meters at 207.54g/t Ag; KRCO58, intercepted 42 meters at 41.58g/t Ag; KRCO59, intercepted 30 meters at 32.26g/t Ag; KRC063, intercepted 12 meters at 44.35g/t Ag; and KRCO65, intercepted 22 meters at 46.01g/t Ag.