• Acquisition of portfolio of early stage to advanced Copper-Gold, Gold and Silver Lead Zinc projects in Broken Hill, Cobar and Macquarie Arc regions of NSW
• Copper Blow IOCG prospect hosts high grade copper-gold mineralization with historical intercepts up to 41.2m @ 1.27% Cu, 0.4 g/t Au
• West Broken Hill project has multiple Ag-Pb-Zn prospects with historical high grade drill results up to 10m @ 16.1% Pb+Zn and 29 g/t Ag

Kingfisher Mining Ltd (ASX:KFM) has entered into a binding agreement to acquire a portfolio of early stage to advanced Copper-Gold, Gold and Silver Lead Zinc projects located in the Broken Hill, Cobar and Macquarie Arc regions of New South Wales from Austin Metals Ltd (ASX:AYT). The tenement package comprises eleven tenements covering approximately 700 square kilometres. Key projects include the Copper Blow IOCG prospect in Broken Hill, which hosts high grade copper-gold mineralization defined by historical drilling over 600 metres of strike, with intercepts up to 41.2m @ 1.27% Cu, 0.4 g/t Au. The West Broken Hill project also contains multiple Ag-Pb-Zn prospects with historical high grade drill results up to 10m @ 16.1% Pb+Zn and 29 g/t Ag. The Wellington Copper-Gold project is located in the Macquarie Arc, with the key Willunga prospect located 15km from the Boda/Kaiser porphyry-copper deposit. Kingfisher sees near-term opportunities to evaluate the remaining untested strike extent of the Copper Blow mineralization and review historic drilling at the West Broken Hill prospects.

Kingfisher sees a near-term opportunity to evaluate the remaining untested strike extent of the Copper Blow mineralization and focus on smaller scale high grade opportunities in the West Broken Hill project where the silver tenor is higher.