More super impressive results, some of the highest grade rock chips found anywhere in the world.
The next drill program could be the defining moment for the company all of us holders have been waiting for.
The more the company is looking the more areas of REE are becoming apparent, starting to look a lot like DRE before they drilled.
Of course it all depends on the mineralization intersected, but if we can emulate some of these rock chips with some decent thick intersections KFM could really take the market by storm.
The expectation then for me would be us trading in the $ not cents anymore with such a low MC and shares on issue.
One things for sure the next drill program will be highly anticipated by all.
Kingfisher’s Executive Director and CEO James
Farrell commented: “The ongoing field work
from our team continues to identify high grade
zones of outcropping REE mineralisation as we
build our knowledge and demonstrate the
potential scale of the REE system. We are
ecstatic with the identification of this new
mineralisation, including the 40.02% TREO
sample from an outcrop which consists almost
entirely of massive monazite.
The outcropping mineralisation has now been
mapped over a strike length of more than 2.2km
within our 54km REE target corridor. In the lead
up to our drilling campaign in Q4 2022, our on-
ground exploration will continue to focus on the
large pipeline of high resolution geophysical
targets and in particular those within the 10km
vicinity immediately west of MW2.”
KFM Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
