- Kingfisher Mining (KFM) begins helicopter-borne survey at the Boolaloo Project in Western Australia
- The survey is targeting more than 20 kilometres of strike, including areas with known mineralisation and interpreted extensions to mineralisation
- Kingfisher will compile the survey results with diamond drilling, field mapping and pending rock chip sample results
- The data will be used to plan reverse circulation drilling programs which the company expects will begin in August
- Kingfisher Mining's shares ended Tuesday 2.33 per cent down at 21 cents apiece.
Kingfisher Mining (KFM) has begun a helicopter-borne versatile time domain electromagnetic (VTEM Max) survey at the Boolaloo Project in Western Australia.
Kingfisher has engaged UTS Geophysics to conduct the survey which will include more than 900 flight line kilometres. It will cover more than 20 kilometres of strike where there's known mineralisation and interpreted regional extensions to mineralisation.
According to the company, airborne electromagnetics is an effective method of identifying conductive sulphide mineralisation up to 300 metres below surface.
The Boolaloo copper-gold and base metals project is 160 kilometres west of Paraburdoo and 35 kilometres southwest of the Paulsen's gold mine in the Ashburton region.
"The VTEM survey covering the flagship Boolaloo Project is a major step forward for the company," Executive Director and CEO James Farrell said.
The company will compile the survey results with diamond drilling, field mapping and pending rock chip sample results.
"This data will then be used in the design and planning of the upcoming reverse circulation drilling programs expected to commence in August," Mr Farrell added.
Kingfisher Mining's shares ended Tuesday 2.33 per cent down at 21 cents apiece.