Australia's Kingfisher Mining sees best session on significant rare-earths find

Kingfisher Mining

10/01/2022 24:45

** Minerals explorer Kingfisher Mining  KFM.AX  rises as
much as 39% to A$0.250, its biggest intraday pct jump 
    ** Co says https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02474046-6A1071665?access_token=83ff96335c2d45a094df02a206a39ff4
 drilling programme at its Gascoyne Mineral Field in Western
Australia revealed discovery of rare-earths mineralisation
    ** The mineralisation discovered include total rare-earths
oxides, neodymium and praseodymium
    ** Adds that follow-up mapping indicates significant
rare-earths exploration potential for the KFM's Gascoyne tenure
    ** KFM hits highest level since late-April; about 5.3 mln
shares change hands vs the 30-day average of 123,000 shares
    ** Down 17% in 2021, as of last close
    

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))