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Kingfisher Mining Ltd (ASX:KFM)

ALERT: Price-sensitive ASX Announcement for KFM
Current share price for KFM : $0.075 -0.003 (-3.85%)+
Announcement
Release
18 Aug 2026 8:06AM
Price at Release
$0.078
Full Release
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Summary
Kingfisher Mining Ltd announced that its recent Reverse Circulation drilling program at the Allendale Silver-Lead-Zinc Project has confirmed high-grade mineralization of lead, zinc, and silver. The Allendale Project is located near Broken Hill, New South Wales, and is a joint venture with Broken Hill Mines. Significant results include intersections of 9 meters at 8.05% Pb+Zn with 17.9 g/t Ag and 7 meters at 3.32% Pb+Zn with 7.9 g/t Ag. These results not only build on historical high-grade zones but also support further exploration of the 2.5-kilometer prospective trend. The project adds a robust silver-lead-zinc opportunity to Kingfisher's portfolio. Additionally, a strategic Mining and Processing Agreement with Broken Hill Mines could offer a faster and lower-cost pathway to production by leveraging existing infrastructure.
Key Points
  • High-grade Pb-Zn-Ag mineralization confirmed at Allendale.
  • Significant drill results include 9m @ 8.05% Pb+Zn, 17.9 g/t Ag.
  • Joint venture with Broken Hill Mines.
  • Supports further exploration of a 2.5 km trend.
  • Strategic Mining and Processing Agreement with Broken Hill Mines.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.