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Kingfisher Mining Ltd. ( (AU:KFM) ) just unveiled an update.
Austin Metals Limited has successfully settled a binding agreement with Kingfisher Mining Ltd for the sale of its Broken Hill tenement package in New South Wales, receiving $400,000 in cash and shares. This strategic divestment allows Austin to concentrate on its flagship Austin Gold Project, enhancing its financial position and supporting exploration programs for 2026, which is expected to create significant value for shareholders.
More about Kingfisher Mining Ltd.
Austin Metals Limited (AYT) is a gold and precious metals explorer focused on the prolific mining districts of Western Australia. The company’s flagship project, the Austin Gold Project, is located in the Murchison greenstone province, adjacent to notable projects such as the Cue Gold Project and the Island Gold Project.
Average Trading Volume: 254,790
Technical Sentiment Signal: Buy
Current Market Cap: A$7.51M
See more data about KFM stock on TipRanks’ Stock Analysis page.