Kingfisher Mining: Confirms REE mineralisation at MW2, WA

Kingfisher Mining Confirms REE mineralisation at MW2, WA

• Kingfisher Mining (KFM) confirms continuous rare earth element (REE) mineralisation at its MW2 discovery in Western Australia
• The company has received the final results from a 37-hole drilling program that returned assays of up to 6.7 per cent total rare earth oxides (TREO)
• Kingfisher says this is a “great outcome” and believes there’s potential to make more mineralisation discoveries along the 54-kilometre Chalba corridor
• Infill and extensional drilling is now planned at the MW2 area, and the company is also planning maiden drilling at the MW7 and MW8 areas
• KFM shares have fallen 21.57 per cent to trade at 40 cents at 12:24 pm AEDT