Kingfisher Mining Ltd. ( (AU:KFM) ) has shared an announcement.
Kingfisher Mining Ltd. has announced significant breakthroughs in its Gascoyne exploration portfolio, with new discoveries of rare earth elements and high-grade base metal potential. The recent drilling has confirmed REE mineralization within a carbonatite alteration halo extending over 20km, highlighting the Mick Well Project’s potential as a regional-scale REE system. The company is also evaluating opportunities in other commodities, such as gold and copper, to diversify its asset base. These developments underscore the multi-commodity potential of the Mick Well Project, reinforcing its capability to host both REE and base metal mineralization.
More about Kingfisher Mining Ltd.
Kingfisher Mining Ltd. operates in the mining industry, focusing on the exploration and development of rare earth elements (REE) and base metals. The company is actively involved in expanding its asset base beyond REE and lithium, with a strategic interest in commodities like gold and copper, particularly in the Gascoyne region.
YTD Price Performance: 20.0%
Average Trading Volume: 65,415
Technical Sentiment Signal: Buy
Current Market Cap: A$2.58M
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