Total
0
Shares
Kingfisher Mining (ASX:KFM) - The Market Herald
Source: Kingfisher Mining
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • 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.

KFM by the numbers
More From The Market Herald
Gold Mountain (ASX:GMN) - CEO, Tim Cameron (centre) - The Market Herald

" Gold Mountain (ASX:GMN) finds three more drill targets at Mt Wipi

Gold Mountain (GMN) has identified more prospective drill targets at the Mt Wipi Project in Papua New Guinea.
eMetals (ASX:EMT) intersects high-grade gold at Twin Hills

" eMetals (ASX:EMT) intersects high-grade gold at Twin Hills

eMetals (EMT) has received results from drilling at the Twin Hills Project in Western Australia.
Zuleika Gold (ASX:ZAG) completes drilling at Credo

" Zuleika Gold (ASX:ZAG) completes drilling at Credo

Zuleika Gold (ZAG) has completed its 27-hole reverse circulation (RC) drilling program at the Credo Project in Western Australia.
Silver Mines (ASX:SVL) hits 1826g/t silver at Bowdens

" Silver Mines (ASX:SVL) hits 1826g/t silver at Bowdens

Silver Mines (SVL) has intersected up to 1825 grams of silver per tonne (g/t) from the Bowdens Silver Project in New South Wales