Kingfisher (ASX: KFM) uncover 2345ppm TREO at Mick Well

• Significant Clay REE Mineralisation Confirmed at Mick Well 24m at 2345ppm TREO from surface

• In addition to the recent exceptional high grade hard rock Rare Earth Elements (REE) results
• Follow-up RC drilling of the mineralised clays at Mick Well has confirmed significant high grade clay hosted REE, with new drill hole results including:
  • 24m at 2345 ppm TREO
  • 48m at 1076 ppm TREO
  • 36m at 779 ppm TREO
  • 20m at 734 ppm TREO

“We continue to be amazed by the underlying potential of our Gascoyne projects,” Executive Director and CEO James Farrell said.

In addition to the very high grade, hard rock assays recently reported, these latest drill results have confirmed broad zones of clays containing a second style of REE mineralisation at Mick Well.

We now recognise that the clay and hard rock mineralisation are part of the same large-scale system, with the clay mineralisation hosted in broad structures within our 54km target corridor indicating the potential for larger mineralised carbonatite intrusions at depth.

Our fieldwork which is targeting the exceptionally high-grade hard rock monazite mineralisation in the MW2 area is continuing.

This work remains a priority as we seek to discover new areas of outcropping mineralisation and extend the recently discovered REE lodes that remain open in all directions.”

The Company’s ASX shares are 53c.

About Kingfisher Mining Limited

Kingfisher Mining Limited (ASX: KFM) is a mineral exploration company committed to increasing value for shareholders through the acquisition, exploration and development of mineral resource projects throughout Western Australia. The Company’s tenements and tenement applications cover 1,676km2 in the underexplored Ashburton and Gascoyne Mineral Fields.

The Company has made a break through high grade rare earth elements discovery in the Gascoyne region where it holds a target strike length of more than 50km along the mineralised corridor and has secured significant landholdings across the interpreted extensions to its advanced copper-gold exploration targets giving it more than 30km of strike across the Boolaloo Project target geology.