Targets interpreted to be sources of high grade REEs
Three large carbonatite pipe targets identified from ground gravity survey at Mick Well.
Carbonatite pipe targets interpreted to be the source of high grade Rare Earth Elements (REE) mineralisation for MW2, MW7, MW8 and the recently discovered MW9 mineralisation.
New targets add to the pipeline of drill ready prospects, with on ground validation and planning for drilling already underway.
Kingfisher Mining Limited (ASX:KFM) (“Kingfisher” or the “Company”) is pleased to announce the identification of three new carbonatite pipe targets from the recent gravity survey at Mick Well in the highly prospective Gascoyne Province.
Kingfisher’s Executive Director and CEO James Farrell commented: “Our geophysical surveys have led to the identification of several compelling carbonatite pipe targets in the centre of the large scale Mick Well project. These targets extend over an area of 7km by 4km and is where we have been progressively delineating high grade REE mineralisation. There is a strong possibility that these targets put into place the final pieces of our geological discovery model and are the source of our REE mineralisation. Ground truthing and drill planning is now underway.”