Such great news ...well done Trevor and the team. Confidence was always there that Kingfisher was going to bring joy to us all and prove up another WA major nickel discovery success story.
Two strong conductors at this first stage is what we wanted to hear and certainly it is going to be an anticipated wait for follow up drilling to test grade and the full extent of this new find. All being well it will have the same impact on the market as Sirius did.
Doing a comparison with the Sirius Nova find back in 2012, theirs was an initial strike length of 200 metres. We have twice that at 450m, so first indications are that we are certainly on the money!
We can only hope that as we progress we have the same success, albeit we are not in the Frazer Range where all eyes seem to be focused. We are in for exciting times ahead given this latest announcement and look forward to future results going forward.
On the back of confirmation that funding is soon to be finalised for the new excellent acquisition to include 750k + ozs into the company, we are looking strong moving into 2015. Cheers to our success.
KIN Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
