Ann: Kingfisher Confirms Rare Earths Potential - Gascoyne Project, page-2

• Anomalous rare earth elements (REE) have been identified from surface
geochemical sampling at Mick Well and Kingfisher with up to 0.16% total
rare earth oxides (TREO).
• Numerous carbonatite intrusions and dykes have been identified at Mick
Well, Kingfisher and Kingfisher South. Carbonatites are a known source of
rare earth elements.
• Sighter samples for rare earth elements and follow-up rock chip samples
have been submitted to the laboratory for full chemical analysis.
• Land holding increased through targeted pegging of additional tenure
interpreted to be prospective for rare earth elements.
Kingfisher Mining Limited (ASX:KFM) (“Kingfisher” or the “Company” is pleased to
provide an update of the on-going exploration at its 100% owned projects in the
Gascoyne Mineral Field in Western Australia.
The company has completed a helicopter-supported sighter sampling program and a
follow-up rock chip sampling program at its Mick Well, Kingfisher, Kingfisher South and
Arthur River Projects targeting outcropping carbonatites (Figure 1). The purpose of the
programs was to identify rare earth elements (REE) associated with carbonatites and
ironstones across its substantial tenement holding in the Gascoyne Mineral Field.