Mick Well carbonatite complex expands significantly, with new carbonatite and mineralisation discoveries from field validation of recently defined large geophysics targets.
Highlights
Significant new strike lengths of REE mineralisation discovered from reconnaissance mapping close to the recently identified gravity targets.
Substantial REE system confirmed, with more than 13.5km of mineralisation mapped so far within a very large 7km by 4km carbonatite complex.
Assays from carbonatites and additional REE mineralisation expected in November.
Fieldwork continuing, with REE mineralisation mapping around carbonatite plug targets a high priority.
Kingfisher Mining Limited (ASX:KFM) (“Kingfisher” or the “Company”) is pleased to provide an update from its ongoing exploration at Mick Well within the highly prospective Gascoyne Province.
Kingfisher’s Executive Director and CEO James Farrell commented: “The latest discoveries confirm Mick Well is a very large and exciting REE system that extends over an area of more than 7km by 4km. Our ongoing fieldwork has also identified outcropping ferrocarbonatites together with monazite veining proximal to the recently identified carbonatite plug targets. These are the main ingredients for the World’s largest REE resources”.
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