Kingfisher Mining gets the drill bit spinning at high priority REE targets
“We anticipate the drill program will take around three weeks to complete, with results to follow as information becomes available to us,” says executive director and CEO.
Company
ASX:KFM
Kingfisher Mining (ASX: KFM) is a highly prospective, Australia-based mineral exploration company targeting precious and base metals. Controlling eleven key tenements covering over 650km2, its immediate operational focus centres on advancing the highly prospective Copper Blow (IOCG) Project, situated within the world-class, historic Broken Hill mining jurisdiction. Supported by a committed board and a clear pathway for resource discovery, Kingfisher offers investors highly de-risked, leveraged exposure to copper and gold. This is structurally enhanced through a strategic 10-year mining and processing agreement with Broken Hill Mines (ASX: BHM), utilizing established regional infrastructure to secure a clear, low-CAPEX pathway to production.
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“We anticipate the drill program will take around three weeks to complete, with results to follow as information becomes available to us,” says executive director and CEO.
“The size of the mineralised strike creates a significant regional-scale opportunity for Kingfisher,” says executive director and CEO.
Analysis of 1-metre samples has returned 4 metres at 1.84% total rare earth oxides, including 1-metre at 3.87% TREO with contained high values of neodymium and praseodymium.
CHOICE sent ASIC a letter saying CFDs “are precisely the kind of financial product that should be subject to market-wide product interventions".
“The discovery of the mineralisation and numerous outcropping carbonatites has highlighted the significant exploration potential of the area. Kingfisher has recently expanded its landholding in the region with targeted pegging of tenements
Five new bedrock conductors have been identified at Kingfisher and Mick Well with these being within the range of possible responses expected for volcanogenic massive sulphide base metal mineralisation.