Mining

Kingfisher Mining may have found source of REEs at Mick Well



Kingfisher Mining Ltd (ASX:KFM) CEO James Farrell tells Proactive the company has identified three new carbonatite pipe targets from the recent gravity survey at Mick Well in the highly prospective Gascoyne Province of WA. KFM’s exploration is focusing on large-scale carbonatite targets along the 54-kilometre Chalba target corridor and the 30-kilometre Lockier target corridor. The three large carbonatite pipe targets have been found below high-grade vein and dyke REE mineralisation at Mick Well. They were generated using three-dimensional modelling of the gravity and magnetics data, with areas with more dense and more magnetic rocks identified from the geophysics.
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