Lithium-Bearing Pegmatites Confirmed at Highly Prospective Gascoyne Tenure

First-Pass Results up to 0.34% Li₂O at Chalby Chalby

Highlights

• Extensive pegmatites mapped across Kingfisher’s highly prospective Gascoyne Tenure.

• Priority 3.3km by 3km target area identified at Chalby Chalby, with initial pegmatite samples returning anomalous lithium and highlighting fertility for lithium mineralisation.

• Chalby Chalby is along strike from known Thirty Three Suite pegmatites which are also the host of lithium mineralisation at Delta Lithium’s (ASX:DLI) Yinnetharra Project.

• Initial rock chip results include:

  • 0.34% Li₂O (MWGS2493)

  • 0.25% Li₂O (MWGS2500)

  • 0.16% Li₂O (MWGS2348)

  • 0.11% Li₂O (MWGS2470)

• High-priority follow-up sampling is underway and is targeting extensions to fertile pegmatites as well as potential additional pegmatites in the centre of the Chalby Chalby target area.

Kingfisher Mining Limited (ASX:KFM) (“Kingfisher” or the “Company”) is pleased to announce the first-pass results from its initial exploration targeting lithium-bearing pegmatites in the Chalba area of the highly prospective Gascoyne Province.

Kingfisher’s Executive Director and CEO James Farrell commented: “Our first-pass lithium exploration sampling has delivered exciting initial results immediately along strike from known Thirty Three Suite Pegmatites; the pegmatites that host Delta Lithium’s Yinnetharra Project which is just 45km to the northeast of our tenements.

A large area of pegmatite dykes has been identified at our new Chalby Chalby target, with highly encouraging initial lithium assays and fertility results providing a clear path forward for immediate follow-up to advance the lithium potential of our Gascoyne tenements.

Our team is currently on site and work to advance our lithium targets will continue alongside our on-going mapping and sampling which is targeting large-scale carbonatite intrusions”

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