Significant high-grade gold intercepts confirmed at Mt Sandy and new mineralised structures identified at Brunswick Hill, extending gold system potential over 500m strike and open in all directions.
Maiden RC drilling at Ashburton Project reveals extensive Cu-Au mineralisation over 900m with strong alteration signatures indicating magmatic-hydrothermal sources.
Divestment of Broken Hill tenement package for $400,000 cash and Kingfisher Mining shares to streamline portfolio and focus on Western Australian assets.
Shareholder-approved placement raised $50,000 for ongoing exploration and corporate activities.
Quarterly expenditure of $430,000 on exploration, maintaining a healthy cash balance of $1.06 million with nearly 1.8 quarters of funding available.
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