Kingfisher Mining sees potential for lithium-bearing pegmatites

Kingfisher Mining Ltd (ASX:KFM) CEO James Farrell tells Proactive the company has demonstrated the lithium potential of its Chalby Chalby Project in the Gascoyne region of Western Australia with the further discovery of lithium up to 0.61% in rock chips during first-pass exploration sampling. The company has mapped more than 11,000 metres of outcropping pegmatites covering an area of 3.3 kilometres by 3 kilometres at Chalby Chalby. Importantly, the mapping exercise has identified two other areas in addition to Chalby Chalby that have significant pegmatite intrusions, with individual pegmatites up to 50 metres thick.