MAIDEN DIAMOND DRILLING RESULTS CONFIRM MULTIPLE COPPER ZONES
AT BOOLALOO
• Assay results from the maiden diamond drilling program at Boolaloo Project have
been received, with multiple zones of mineralisation intersected at Copper Strike of
up to 2.68% Cu and 0.49g/t Au, within a broader zone of 10.05m at 0.84% Cu and
0.11 g/t Au.
• Detailed logging of the core has been completed, enhancing the Company’s
understanding of the Boolaloo mineralisation and alteration minerals.
• Results will guide the upcoming RC drilling program which is targeting the strongest
EM conductors in favourable structural positions; the target conductors are
significantly stronger than the EM response from Copper Strike.
Kingfisher Mining Limited (ASX:KFM) (“Kingfisher” or the “Company”is pleased to provide an update
of the on-going exploration at its 100% owned Boolaloo Project in the Ashburton region of Western
Australia.
Assay results from the diamond drilling at the Copper Strike, K15 and K16 Prospects have now been
received by the Company. The results include:
• 10.05m at 0.84% Cu and 0.11 g/t Au from 23.15m, including 2.7m at 1.45% Cu and 0.14 g/t Au
from 23.15m and 0.85m at 2.68% Cu and 0.49 g/t Au from 32.35m (BLDD003);
• 0.5m at 1.54% Cu and 0.10 g/t Au from 38.7m (BLDD003);
• 0.9m at 0.41% Cu and 0.03 g/t Au from 95.2m (BLDD003); and
• 0.7m at 1.73% Cu and 0.08 g/t Au from 78.75m (BLDD001).
Kingfisher’s Executive Director and CEO James Farrell commented: “Given this is our first drilling
program, the results are very encouraging, with broad zones of alteration and mineralisation
intersected at Copper Strike. The core samples have also provided valuable insight into the nature
and style of mineralisation at Boolaloo.
Even more exciting is the recently identified airborne electromagnetic targets, with conductors that
are significantly stronger than the geophysical responses associated with the current diamond
drilling targets. Of particular interest is the Erny Bore Prospect with a strong conductor and
associated gold rock chips up to 8.06 g/t Au.
The Company is now preparing to test the three new targets with RC drilling which will be completed
this quarter.”
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