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KFM - Kingfisher Mining

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Kingfisher Mining Limited is an Australian company incorporated on 29 October 2018 for the purpose of pursuing various mining opportunities in the resources sector.

Since incorporation, the Company has acquired, or agreed to acquire, a 100% legal and beneficial interest in six granted exploration licences and two pending applications for exploration licences in Western Australia.

The Tenements which are in the Company's name include two pending applications for exploration licences (ELA08/3246 and ELA08/3247) and one granted exploration licence (E08/3067) which form part of the Company's Boolaloo Project and are considered to be prospective for copper and gold.

The Company has also entered into the Sale Agreement to acquire the Sale Tenements, which are comprised of:

(a) three granted exploration licences in Western Australia (E08/2945, E09/2242 and E09/2349) comprising part of the Boolaloo and Kingfisher Projects respectively, and which are considered to be prospective for copper and gold; and

(b) two granted exploration licences in Western Australia (E09/2320 and E09/2319) comprising the Mick Well and Arthur River Projects respectively, and which are considered to be prospective for copper and gold.

Boolaloo

Boolaloo is located approximately 160 km west of the township of Paraburdoo and 35 km southwest of the Paulsen's gold mine in the Ashburton region of Western Australia. The Project includes two granted exploration licences (E08/2945 andE08/3067) and two exploration licences which are under application (E08/3246 and E08/3247) for a total of 410 km²of tenure.

Kingfisher

The Kingfisher Project area is located approximately 235km east of Carnarvon, in the Gascoyne region of Western Australia. Exploration Licence E09/2242 and Exploration Licence E09/2349 formthe Kingfisher Project covering 28 blocks of the established mineralogical terrain of in the eastern part of the Gascoyne Mining District of Western Australia.

Mick Well

The Mick Well Project islocated approximately 290km via road east of Carnarvon. The Project is located entirely within the Mooloo Downs pastoral lease in the Gascoyne Mineral Field. Exploration Licence Application E09/2320 forms the Mick Well Project covering 20 blocks covering 62.31km²of the established mineralogical terrain of the Proterozoic Gascoyne Province which comprises the core zone of the Capricorn Orogen in Western Australia.

Arthur River

The Arthur River project is located approximately 50km north east of the Gascoyne Junction, approximately 200Km east of Carnarvon, and 280Km south-west of Paraburdoo. Exploration Licence E09/2319 forms the Arthur River Project covering 10 blocks covering 31.14km² of the established mineralogical terrain of the Proterozoic Gascoyne Province which comprises the core zone of the Capricorn Orogen in Western Australia.

KFM listed on the ASX on 11 December 2020.

 
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Just looked into it. Zero debt. 42 pc held by top 20. Good copper prospect. Ding helicopter survey.
I dug up the presentation further and the project timeline is of my liking as a speculative stock by Q4 2021. By then KFM will demise or rise through significantly. fully funded until 2022 meaning no CR (hopefully)


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Looking a bit better. Hopefully it can hold in the 30’s

Since the first week of Jan, the price started going up and so the volume after many weeks of flat performance.
Could this announcement be the reason behind the price going up? 12 meters digging - advance gardening pretty much like Weipa Bauxite for Rio, really to make money

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Since the first week of Jan, the price started going up and so the volume after many weeks of flat performance.
Could this announcement be the reason behind the price going up? 12 meters digging - advance gardening pretty much like Weipa Bauxite for Rio, really to make money

View attachment 136289
What are your thoughts on the recent price movement mate?
 
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