Kingfisher Mining Limited provided drill results from the on-going exploration at its 100% owned Boolaloo Project in the Ashburton region of Western Australia. The Company has received results from the reverse circulation (RC) drilling of the Green Hills, Erny Bore and EM1 targets at its Boolaloo Project. The results include: Green Hills: BLRC002: 12m at 0.72% Cu and 0.14 g/t Au from surface, including 4m at 1.16% Cu and 0.27 g/t Au from 4m.

BLRC001: 8m at 0.25% Cu from 20m.; Erny Bore: BLRC009: 11m at 0.38% Cu from 79m. BLRC009: 2m at 0.95% Cu and 0.40g/t Au from 59m, including 1m at 1.73% Cu and 0.78g/t Au from 59m. BLRC008: 2m at 0.39% Cu from 45m.

BLRC007: 6m at 0.24% Cu from 121m. BLRC006: 2m at 0.85% Cu from 28m, including 1m at 1.55% Cu from 29m. The Erny Bore Prospect appears as a series of shears and quartz veins and outcrops over a strike length of 150m.

The prospect has been defined by historic rocks chip samples which include 8.06 g/t Au, 2.10 g/t Au, 1.81 g/t Au and 1.21 g/t Au1 and is associated with a strong conductor, which lies approximately 100m along strike from the rock chip samples. The historic rock chips, together with the strong conductor and interpreted airborne electromagnetic (EM) survey results suggest a potential target zone of over 1km at Erny Bore. Green Hills was identified as a potential target from the reprocessing of the airborne hyperspectral survey and the Company's structural interpretation, with first pass mapping and sampling in the area returning rock chip sample results with over 24% Cu and more than 1 g/t Au.

The third target tested during the Boolaloo RC drilling program was EM1, a bedrock conductor identified from the airborne EM survey which is approximately 3km west of Erny Bore and on the interpreted extensions of the Erny Bore structure. The RC drilling completed at Boolaloo included nine holes for 1,483 metres. Drill holes BLRC001 and BLRC002 were completed at the Green Hills Prospect, with the most significant result returned from BLRC002 which included 12m at 0.72% Cu and 0.14 g/t Au from surface, including 4m at 1.16% Cu and 0.27 g/t Au from 4m downhole.

Both of the Green Hills drill holes intersected the target structure, which remains open along strike and down-dip at depth. The Erny Bore drilling included drill holes BLRC005 to BLRC009. All of the drill holes at Erny Bore intersected the target structure with the most significant results returned from BLRC009, which included 2m at 0.95% Cu and 0.40g/t Au from 59m, including 1m at 1.73% Cu and 0.78g/t Au from 59m downhole.

A second interval in BLRC009 returned 11m at 0.38% Cu from 79m downhole. Drill hole BLRC009 was completed on the eastern-most section at Erny Bore and the mineralisation remains open to the east and at depth. Drill holes BLRC003 and BLRC004 were completed at the EM1 target and did not return anomalous results.

The target conductor from the VTEMTM electromagnetic survey appears to be related to carbonaceous sediments.