Kingfisher Mining to sell Gascoyne assets to Dreadnought Exploration
2026-03-03
Kingfisher Mining has executed a strategic divestment, agreeing to sell its 12 exploration licenses in Western Australia's Gascoyne region to Dreadnought Exploration, a subsidiary of Dreadnought Resources, for A$2 million in shares and up to A$1.5 million in performance-based cash payments. This move allows Kingfisher to reallocate capital and intensify exploration on its promising copper, gold, silver, zinc, and lead projects in New South Wales, particularly the Copper Blow project, while Dreadnought consolidates its position in the Gascoyne rare earth sector.
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