Kingfisher Mining Limited has intersected high-grade silver, lead and zinc mineralisation at the Stephens Trig prospect, located approximately 15 kilometres north of Broken Hill in New South Wales.

The reverse circulation program comprised five holes for 584 metres, marking the first drilling at the prospect since 2017. Hole 26STRC_018 returned 5 metres at 7.4% combined lead and zinc with 10 g/t silver from 79 metres, including a 2-metre interval grading 17.5% lead and zinc alongside 24 g/t silver. Additional drilling delivered 1 metre at 1.5% lead and zinc with 198 g/t silver from 111 metres in hole 26STRC_020, while hole 26STRC_019 intersected 4 metres at 2.7% lead and zinc and 4 g/t silver from 82 metres.

The program confirmed the down-dip continuity and strike extent of mineralisation within the poorly exposed, 1.5-kilometre geochemical anomaly. Kingfisher acquired the prospect as part of its Broken Hill tenement package secured from Austin Metals Limited in December 2025.

The company holds a 75% interest in the Broken Hill project, with the remaining 25% held by Broken Hill Mines. Operations across the regional portfolio are supported by a Mining and Processing Agreement entered into in March 2026, which provides a framework to process ore from Kingfisher's tenements through the Rasp Mine facility.

Drilling at the flagship Copper Blow project is now scheduled to commence in October 2026 following receipt of approvals from the NSW Resources Regulator, after being adjusted from September due to regional weather events. Kingfisher plans to integrate the latest assay data with historical records to determine the next phase of exploration across the Broken Hill property package.

“These results are particularly encouraging given Stephens Trig has not seen drilling since 2017. Our first drilling program has validated the historical mineralisation and returned multiple high-grade silver-lead-zinc intersections, including a standout silver result of 198 grams per tonne.”

“Stephens Trig adds another high-grade base and precious metals opportunity to our broader Broken Hill portfolio, alongside Allendale and our flagship Copper Blow copper-gold project.”

— Chris Bittar, Managing Director

Read the full announcement: High-Grade Ag-Pb-Zn Results at Stephens Trig