Kingfisher drills 26m of 2.57% copper at Copper Blow, targets maiden resource

Kingfisher Mining has extended shallow high-grade copper and gold mineralisation at the Copper Blow IOCG project near Broken Hill, with reverse circulation drilling returning 26 metres at 2.57% copper and 0.75 grams per tonne gold from 73 metres, including 13 metres at 4.07% copper and 1.2 g/t gold.

Kingfisher (ASX: KFM) holds 75% of the project in a joint venture with Broken Hill Mines (ASX: BHM). The latest drilling targeted extensions of mineralised lodes identified in a December campaign. The work pushed the known high-grade sulphide zone 50 metres closer to a major cross fault on the North Zone, which the company interprets as the boundary between the North and South mineralised zones.

Results from the North Zone included 43 metres at 1.32% copper and 0.32 g/t gold from surface, with a higher-grade interval of 17 metres at 2.46% copper and 0.6 g/t gold from 16 metres. At the South Zone, drilling returned 3 metres at 1.99% copper and 0.45 g/t gold from 146 metres, and 2 metres at 1.46% copper and 0.46 g/t gold from 140 metres.