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The latest update is out from Kingfisher Mining Ltd. ( (AU:KFM) ).
Kingfisher Mining Limited has successfully completed the acquisition of a portfolio of copper, gold, silver, lead, and zinc projects in New South Wales from Austin Metals Limited. This strategic acquisition, approved by shareholders, positions Kingfisher Mining to immediately commence exploration activities, with drilling set to begin at the Copper Blow Project. The acquisition enhances the company’s exploration opportunities in three established mining districts, potentially boosting its market positioning and offering significant exploration prospects.
More about Kingfisher Mining Ltd.
Kingfisher Mining Limited (ASX:KFM) is a mineral exploration company focused on increasing shareholder value through the acquisition, exploration, and development of mineral resource projects across Australia. The company holds a significant tenure in New South Wales, covering approximately 700km2 with a portfolio of early-stage and advanced Copper-Gold and Silver-Lead-Zinc projects across three proven mining districts. Additionally, Kingfisher Mining has tenements in the underexplored Gascoyne Mineral Field in Western Australia, covering 938km2.
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.