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Why Kingfisher Is Betting Big on NSW Copper-Gold, Selling Off Rare Earths

9:04am on Monday 2nd of March, 2026 AEDT Mining
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Why Kingfisher Is Betting Big on NSW Copper-Gold, Selling Off Rare Earths

9:04am on Monday 2nd of March, 2026 AEDT
Key Points
  • Sale of 100% interest in 12 Gascoyne exploration licences to Dreadnought
  • $2 million upfront consideration paid in Dreadnought shares
  • Up to $1.5 million in milestone cash payments linked to resource milestones
  • Strategic shift to focus on high-priority NSW copper, gold, silver, lead, and zinc projects
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