Drilling Confirms High-Grade Pb-Zn-Ag at Allendale
| Stock | Kingfisher Mining Ltd (KFM.ASX) |
|---|---|
| Release Time | 18 Aug 2026, 8:06 a.m. |
| Price Sensitive | Yes |
High-Grade Pb-Zn-Ag Mineralisation Confirmed at Allendale
- RC drilling confirms high-grade lead-zinc-silver mineralisation at Allendale
- Significant results include 9m @ 8.05% Pb+Zn and 17.9 g/t Ag
- Results build on historical drilling, supporting further exploration
Kingfisher Mining Limited (ASX: KFM) has announced high-grade assay results from its Reverse Circulation (RC) drilling program at the Allendale Silver-Lead-Zinc Project, located approximately 40 kilometres north of Broken Hill, NSW. The drilling confirmed significant high-grade lead-zinc-silver mineralisation, with notable results including 9m @ 8.05% Pb+Zn and 17.9 g/t Ag from 64m. These results build on historical drilling, which returned 10m @ 16.1% Pb+Zn and 29 g/t Ag from 15m. The findings reinforce the high-grade nature of the Allendale mineralised system and support continued exploration to assess its broader scale and potential. The project is part of Kingfisher's growing Broken Hill exploration pipeline, which includes the flagship Copper Blow copper-gold project. The Company's Mining and Processing Agreement with Broken Hill Mines provides a strategic advantage by potentially leveraging existing processing infrastructure.
The Company will continue to evaluate its projects based on their geological potential and their ability to potentially leverage existing infrastructure in the region.