Potential discovery of REE mineralised "Yangibana style" ironstone, page-140

Good morning to you all.

James Farrell the CEO of Kingfisher Mining (KFM) was featured in a Proactive investor presentation video on Tuesday this week (see below).

As a background i.e. before you watch this video presentation, KFM's Kingfisher, Mick Well and Arthur River Projects are ca. 100 kms south of HAS's world-class Yangibana Rare Earth Project. Of course, as most you will already know, FNT's two Gascoyne prospects are immediately adjacent to HAS's world-class Yangibana Rare Earth Project, which in my opinion is a huge advantage for FNT. In addition, HAS's Yangibana Rare Earth Project will begin construction later this year, and begin operations in early 2024, which will no doubt be the subject of huge media coverage.
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The presentation by James Farrell runs from 20:10 until 29:40 i.e. it is nine and a half minutes long. At around 23:10 in his presentation, James talks about the market cap of KFM. At the bottom right of his presentation slide, you will see FNT and KRM side by side under the title "REE's Company Market Capitalisations". At 24:05 you will hear James specifically mention HAS, DRE and FNT, with FNT getting a special mention. From 25:05 onwards you will hear James talk specifically about KFM's own Gascoyne REE discovery as well as HAS's Yangibana Rare Earth Project. You will also hear James talk at length about carbonatite, which will no doubt also be present within the rocks at both of FNT's two Gascoyne prospects (due to the fact that HAS's Yangibana Rare Earth prospect consists of multiple mineral deposits/prospects hosted within the Mesoproterozoic Gifford Creek Carbonatite Complex (GCCC)).

I found the presentation by James Farrell to be highly informative, particularly his references to the huge importance of carbonatite. Generally this presentation also clearly highlights the highly prospective nature of the entire Gascoyne area and thus the enormous potential of FNT's own Gascoyne prospects.




Wishing you happy viewing and a profitable day.

Cheers.