Kingfisher has made a number of breakthrough high-grade rare earth elements discoveries and is advancing its lithium exploration in the highly prospective Gascoyne Region.
Highlights
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 in the Mick Well area
Six new high-grade discoveries, MW9 to MW14, were made around the large carbonatite pipe targets at Mick Well, increasing the strike length of vein/dyke mineralisation to more than 20km.
Exceptional results returned from newly discovered mineralisation include:
26.46% TREO with 4.56% Nd₂O₃ + Pr₆O₁₁ (MWGS2946)
26.00% TREO with 3.62% Nd₂O₃ + Pr₆O₁₁ (MWGS2873)
25.66% TREO with 5.47% Nd₂O₃ + Pr₆O₁₁ (MWGS3173)
24.09% TREO with 3.87% Nd₂O₃ + Pr₆O₁₁ (MWGS3031)
20.28% TREO with 3.55% Nd₂O₃ + Pr₆O₁₁ (MWGS2948)
LK1 surface geochemistry survey defines several large REE anomalies, with peak LREO (Light Rare Earth Oxides) value of 0.21%.
Surface geochemistry anomalies coincide with the new LK1 carbonatite pipe targets delineated from the recently completed ground gravity survey and airborne magnetics.
Broad lithium anomalies identified from first pass, widely spaced soil geochemistry at Chalby Chalby, with lithium anomalies extending over 1600m in length and 800m in width.
Chalby Chalby Lithium anomalies associated with pegmatites that have been mapped over a strike length of more than 13,000m and have initial assays up to 0.61% Li₂O.