Kingfisher Mining Advances Copper Blow with High-Grade Drilling and Processing Deal

An announcement from Kingfisher Mining Ltd. ( (AU:KFM) ) is now available.

Kingfisher Mining reported strong March-quarter progress, highlighted by high-grade copper-gold drill results at its Copper Blow project near Broken Hill, where recent reverse circulation drilling confirmed broad, continuous mineralised lodes over a 600-metre strike that remain open and underpin plans for a maiden mineral resource estimate in 2026. The company also signed a mining and processing cooperation agreement with Broken Hill Mines to use the Rasp Mine plant, potentially fast-tracking smaller deposits into production without large capital outlays, and completed the divestment of its Gascoyne rare earths tenements for Dreadnought shares, leaving it with $3.404 million in cash and listed investments at quarter-end to support ongoing exploration and development.

More about Kingfisher Mining Ltd.

Kingfisher Mining Limited is an Australia-based mineral exploration company listed on the ASX, focused on copper and gold projects, particularly around Broken Hill in New South Wales. The company also manages a portfolio of listed investments and has recently exited rare earths exploration in Western Australia to concentrate capital on its core copper-gold assets.

Average Trading Volume: 126,037

Technical Sentiment Signal: Buy

Current Market Cap: A$9.37M

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