Kingfisher Confirms High-Grade Silver-Lead-Zinc at Stephens Trig with New Drilling

Stephens Trig Drilling Confirms High-Grade Mineralisation

Kingfisher Mining Limited (ASX:KFM) has delivered its first reverse circulation (RC) drilling results at the Stephens Trig Silver-Lead-Zinc Prospect near Broken Hill, NSW, marking the first campaign there since 2017. The five-hole, 584-metre program successfully validated historical data, confirming significant high-grade silver, lead, and zinc mineralisation within a 1.5-kilometre geochemical anomaly beneath shallow alluvial cover.

Standout intercepts include 5 metres grading 7.4% combined Pb+Zn with 10 g/t silver from 79 metres, highlighted by a 2-metre section at 17.5% Pb+Zn and 24 g/t silver. Another hole returned 1 metre at 198 g/t silver alongside 1.5% Pb+Zn, underscoring the prospect’s potential for precious metal enrichment within a Broken Hill-style system.

Extending Historical Success and Structural Continuity

The drilling confirms continuity with previous results, which included intercepts such as 12 metres at 9% Pb+Zn and 10 g/t silver. Hole 26STRC_018 notably demonstrated down-dip extension of mineralisation, returning high grades open at depth, while strike continuity was reinforced by consistent results along the mineralised trend beneath shallow cover.

Kingfisher’s Managing Director Chris Bittar emphasised the significance of these findings, noting the validation of a poorly exposed Broken Hill-style system and the exceptional silver grades intersected. The results add a fresh high-grade silver-lead-zinc opportunity to Kingfisher’s expanding Broken Hill portfolio, complementing the Allendale silver-lead-zinc and flagship Copper Blow copper-gold projects.

Strategic Framework Enhances Development Potential

A key strategic asset underpinning Kingfisher’s Broken Hill ambitions is its Mining and Processing Agreement with Broken Hill Mines (ASX:BHM), which provides potential access to existing regional processing infrastructure. This arrangement offers a pathway to accelerate project development with lower capital requirements, contingent on further exploration and technical assessments.

Kingfisher is integrating the new drilling data with historical records and geological modelling to prioritise follow-up exploration targets at Stephens Trig and Allendale. Meanwhile, the company is progressing its Copper Blow project with upcoming drilling and metallurgical testwork, aiming to advance towards a maiden mineral resource estimate.

Expanding Kingfisher’s Footprint in Broken Hill

The Stephens Trig results contribute to a growing pipeline of base and precious metals projects across Kingfisher’s extensive Broken Hill tenure, which covers approximately 660 square kilometres. The portfolio includes several early-stage and advanced projects, positioning the company to capitalise on the region’s renowned mineral endowment.

While Stephens Trig remains at an exploration stage, the confirmation of high-grade mineralisation and structural continuity enhances its prospectivity. Kingfisher’s ability to leverage its joint venture with Broken Hill Mines, alongside ongoing work at Copper Blow and Allendale, sets the stage for a potentially accelerated development trajectory in this historic mining district.