Kingfisher Mining (ASX:KFM)
Source: Kingfisher Mining
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  • Kingfisher Mining (KFM) finds rare earths potential at Gascoyne projects
  • Kingfisher Mining owns 100 per cent of the Mick Well, Kingfisher, Kingfisher South and Arthur River projects
  • A helicopter-supported sighter sampling program and a follow-up rock chip sampling program has been completed
  • Kingfisher Mining (KFM) last traded at 17 cents on December 20

Kingfisher Mining finds rare earths potential at Gascoyne projects in Western Australia.

Kingfisher Mining owns 100 per cent of the Mick Well, Kingfisher, Kingfisher South and Arthur River projects.

Kingfisher Mining has now completed a helicopter-supported sighter sampling program and a follow-up rock chip sampling program.

Follow-up mapping is completed, with outcropping carbonatites being identified at more than 20 field sites.

The rock chip sampling returned highly encouraging anomalous REE results.

CEO and Executive Director of Kingfisher Mining, James Farrell, comments,

“The recently received rock chip analyses returned anomalous rare earth element results, with two of the samples located close to recently drilled targets with pending assay results,” he said.

“I am particularly excited about these results as the samples initially were not targeting rare earths and led to the expediting of the recent field programs which have confirmed and highlight the significant potential of the area.”

Kingfisher Mining’s Kingfisher and Mick Well projects are located in the Gascoyne region of Western Australia.

Future plans include receiving drilling results in January 2022, an updated exploration strategy for 2022 including a rare earth element focus in the Gascoyne Mineral field.

Kingfisher Mining (KFM) last traded at 17 cents on December 20.

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