Kingfisher wakes up a sleeping silver-lead-zinc system

Nine years after the last drilling, Stephens Trig has come back with grade...

Kingfisher Mining (ASX:KFM) has confirmed high-grade silver-lead-zinc mineralisation at Stephens Trig, its third target in the Broken Hill portfolio.

The five-hole RC program returned:

  • 5m @ 7.4% Pb+Zn and 10g/t Ag from 79m, including 2m @ 17.5% Pb+Zn and 24g/t Ag
  • 1m @ 9.3% Pb+Zn and 40g/t Ag from 85m
  • 1m @ 1.5% Pb+Zn and 198g/t Ag from 111m

The drilling is the first significant work at Stephens Trig since 2017.

The important bit: continuity

This was not just about finding another isolated hit.

The program successfully validated historical mineralisation and showed that the main Broken Hill-style zone continues down dip and along strike.

That matters because Stephens Trig sits beneath shallow cover and is defined by a 1.5km lead-zinc geochemical anomaly.

Figure 1: Stephens Trig Cross Section – Holes 26STRC_018 & 16SGC019.

Another string to the Broken Hill bow

Stephens Trig now joins Allendale and flagship Copper Blow in Kingfisher’s growing Broken Hill pipeline.

The added wrinkle is infrastructure.

Kingfisher already has a Mining and Processing Agreement with Broken Hill Mines, giving it a framework to assess future development using existing regional processing infrastructure rather than building everything from scratch.

Management kept it simple, and the latest drilling has validated the historical work while adding another high-grade target to the portfolio.

What’s next

Kingfisher will now integrate the new results with historical data to refine the next phase at Stephens Trig.

At the same time, drilling at Copper Blow is expected to start in October, alongside metallurgy and geological modelling toward a maiden Mineral Resource.

Stephens Trig had the old hits, now it has modern proof.

related topics

Share To

Featured content

Related stories

SCROLL TO TOP