• Kingfisher Mining to commence next phase of RC drilling at Copper Blow Copper-Gold Project
• Drilling aimed at extending known high-grade copper-gold mineralization and advancing project toward maiden resource estimate
• Exploration pipeline expanding with upcoming work at Allendale, Maybell and Stephens Trig prospects

Kingfisher Mining (ASX: KFM) is pleased to provide an update on exploration activities at its Copper Blow Copper-Gold Project located near Broken Hill in New South Wales. Following the encouraging results from the Company's initial RC drilling program completed in December 2025, Kingfisher has mobilised a reverse circulation (RC) drilling rig to site to commence the next phase of drilling at the Copper Blow prospect. The upcoming RC drilling program will target extensions to the mineralised lodes identified in the Company's previous drilling program which confirmed the continuity of copper-gold mineralisation across the approximately 600m strike length at Copper Blow. The next phase of drilling is designed to extend mineralisation along strike and down plunge, improve geological confidence within the existing drill footprint and advance the project toward the completion of a Maiden Mineral Resource Estimate. Importantly, this work will support future development studies following the execution of a Mining and Processing Agreement with Broken Hill Mines, enabling assessment of processing options utilising existing infrastructure in Broken Hill. In addition to the Copper Blow drilling program, Kingfisher is already focused on delivering a further phase of exploration scheduled for 2026, targeting the significant potential identified across all acquired Broken Hill tenure. This includes high-grade drill results from the Allendale project, as well as advancing drill targeting at the Maybell and Stephens Trig prospects. Collectively, these targets highlight the growing scale and depth of Kingfisher's Broken Hill footprint, with multiple mineralised systems now recognised across the tenure. The Company's strategy is to rapidly progress a pipeline of high-quality targets, leveraging historical datasets alongside modern exploration techniques to unlock value and drive new discoveries.

Kingfisher will continue to focus exploration efforts at Copper Blow with the aim of rapidly advancing the project through systematic drilling and geological modelling. Upcoming work will focus on completion of the current phase of RC drilling, ongoing geological modelling and interpretation, evaluation of extensions to the mineralised system along strike and at depth, and advancement toward a Maiden Mineral Resource Estimate.