KINGFISHER MINING LTD — Regulatory Filings 2021

Jun 7, 2021

ASX Announcement: 8 June 2021

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BROAD ZONE OF COPPER MINERALISATION INTERSECTED AT BOOLALOO

• Maiden diamond drilling program completed Kingfisher’s flagship Boolaloo Project.

• Multiple zones of mineralisation intersected at Copper Strike, including a broad zone of 16m of disseminated copper sulphides not assayed in historic drilling.

• Copper mineralisation intersected in all drill holes.

• Key objective of program successfully met, providing valuable insight into the mineralisation, alteration and host rock stratigraphy to allow assessment of the broader belt potential where the Company has consolidated an expanded 30km of prospective strike.

• 5,000m RC drilling program scheduled for August this year to be guided by existing targets and the imminent airborne electromagnetic survey which will cover existing targets and extend into regional areas.

• Extensive reconnaissance program over 30% of the tenure ground truthing alteration mapping with 250 rock chip samples currently in the laboratory for assaying.

Kingfisher Mining Limited ( ASX:KFM ) (“ Kingfisher ” or the “ Company” ) is pleased to provide an update of the on-going exploration at its flagship Boolaloo Project in the Ashburton region of Western Australia.

The diamond drilling at the Boolaloo Project has now been completed, with drill holes completed at the Copper Strike, K15 and K16 Prospects. Copper mineralisation was intersected in all holes, with drilling at Copper Strike intersecting multiple zones of mineralisation, including a broad zone of 16m of disseminated copper sulphides that were not sampled in the historic drilling.

Kingfisher’s Executive Director and CEO James Farrell commented: “We are really excited to have completed the maiden diamond drill program for the Boolaloo Project.

The results from Copper Strike, in particular, are very encouraging, confirming our view of the potential scale of the broader project and mineralised system with multiple styles of vein, fracturefill and sediment-hosted disseminated mineralisation intersected in the drilling.

The Company is now preparing for a large-scale airborne electromagnetic survey which will cover 20km of strike of the target geology, and together with the results from the current diamond drilling, will provide the main input for unlocking the exploration potential of the Company’s tenure in the Ashburton Basin and form the basis for RC drilling programs to be undertaken later in the year.”

Photographs of the core samples which shows the copper sulphide and copper oxide minerals from the broad zone of intercalated mineralisation and sediments from BLDD003 from 23.3m to 40.1m are shown in Figure 1, with detailed photographs shown in Figure 2 to Figure 4. Intervals with copper mineralsation from BLDD002 and BLDD001 are shown in Figure 5 and Figure 6.

ABN: 96 629 675 216 Registered Address: Level 11, London House, 216 St Georges Terrace, Perth WA 6000 AUSTRALIA Postal Address: GPO Box 2517 Perth WA 6831 AUSTRALIA P: +61 8 9481 0389 F: +61 8 9463 6103 E: info@kingfishermining.com.au W: www.kingfishermining.com.au Non-Executive Chairman: Warren Hallam Executive Director/CEO: James Farrell Non-Executive Director: Adam Schofield Non-Executive Director: Scott Huffadine Company Secretary: Stephen Brockhurst

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23.3m	CPy		Figure 2
CPy				CPy
CPy
			CPy
			CPy
				CPy
CPy
CPy					CPy
CPy	Figure 3		CPy
	CPy
	CPy		CPy
CPy

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CPy 38.9m Figure 4
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Figure 1: Drill hole BLDD003 from 23.3m to 40.1m, showing chalcopyrite (CPy), quartz veining and alteration.

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Figure 2: Vein and fracture-fill chalcopyrite and chalcocite from 23.5m in drill hole BLDD003.

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Figure 3: Vein chalcopyrite and pyrite from 32.7m in drill hole BLDD003.

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Figure 4: Vein and fracture-fill chalcopyrite and chalcocite from 38.9m in drill hole BLDD003.

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Figure 5: Chalcopyrite associated with quartz veining from 112.6m in drill hole BLDD002.

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Figure 6: Vein and fracture-fill chalcopyrite and chalcocite from 78.9m in drill hole BLDD001.

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Location plans and cross sections for the diamond drill hole at the Copper Strike, K15 and K16 Prospects are shown in Figure 7 to Figure 11. The drill holes were designed to follow-up historic results and provide valuable insight into the geology, mineralisation and alteration for targeting at depth around the historic prospects as well as expanding to the east and west into regional areas within the Company’s significant tenement holding which now encapsulates 30km of strike at Boolaloo. The previous results targeted in the current diamond drilling program included:

• 3m @ 1.83% Cu & 1.12 g/t Au from 96m, including 1m @ 3.14% Cu & 1.38 g/t Au from 96m (MIRC004)[ 1] ;

• 3m @ 3.05% Cu & 0.57 g/t Au from 63m, including 2m @ 3.90% Cu & 0.77 g/t Au from 63m (MIRC013)[1] ; and

• 2m @ 3.81% Cu & 0.62 g/t Au from 62m (MIRC027)[2] .

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A’
Legend
Cu%
BLDD003
0.0 – 0.1
0.1 – 0.3 A
0.3 – 0.5
0.5 – 1.0
1.0 – 2.0
2.0 – 5.0
>5.0
Rock Chips
Historic Drill hole
× Planned Drill hole
Mineralisation
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Figure 7: Plan view of the Copper Strike Prospect at Boolaloo, showing the location of drill hole BLDD003 as well as historic drilling[1] and rock chip samples[3] . Cross section A-A’ is shown in Figure 8.

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A A’
5.2% Cu, 0.5 g/t Au
5.7% Cu, 0.4 g/t Au
?
Vein and disseminated 2m @ 3.8% Cu, 0.6 g/t Au
sulphides from 23.3m
Legend
Cu%
0.0 – 0.1
0.1 – 0.3
0.3 – 0.5
0.5 – 1.0
1.0 – 2.0
2.0 – 5.0
Blebby sulphides from 84m >5.0
Rock Chips
Historic Drill hole
× Planned Drill hole
Mineralisation
Logged Copper
Minerals
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Figure 8: Cross section A-A’ at the Copper Strike Prospect showing the location of drill hole BLDD003 as well as historic drilling[1] and rock chip samples[3] . The location of the cross section is shown in Figure 7.

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Legend
Cu%
0.0 – 0.1
0.1 – 0.3
0.3 – 0.5
0.5 – 1.0
B’ 1.0 – 2.0
2.0 – 5.0
BLDD001 >5.0
Rock Chips
Historic Drill hole
K15 × Planned Drill hole
Mineralisation
C’
B
BLDD002
K16
C
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Figure 9: Plan view of the K15 and K16 Prospects at Boolaloo, showing the locations of drill holes BLDD001 and BLDD002 as well as historic drill holes[2] and rock chip samples[3] . Cross sections B-B’ and C-C’ are shown in Figure 10 and Figure 11.

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B B’
15.1% Cu, 4.5 g/t Au
9.3% Cu, 1.1 g/t Au
5.8% Cu, 0.4 g/t Au
3m @ 3.1% Cu & 0.57 g/t Au
Legend
Cu%
Fracture-fill sulphides from 78.8m 0.1 – 0.30.0 – 0.1
0.3 – 0.5
0.5 – 1.0
1.0 – 2.0
2.0 – 5.0
>5.0
Rock Chips
Historic Drill hole
× Planned Drill hole
Mineralisation
Logged Copper
Minerals
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Figure 10: Cross section B-B’ at the K15 Prospect showing the interpreted mineralisation and the location of drill hole BLDD001 as well as historic drill holes[2] and rock chip samples[3] . The location of the cross section is shown in Figure 9.

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C C’
Legend
3m @ 1.83% Cu & 1.12 g/t Au Cu%
0.0 – 0.1
0.1 – 0.3
0.3 – 0.5
0.5 – 1.0
1.0 – 2.0
2.0 – 5.0
Vein and fracture-fill sulphides >5.0
from 112.6m and 118.8m Rock Chips
Historic Drill hole
× Planned Drill hole
Mineralisation
Logged Copper
Minerals
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Figure 11: Cross section C-C’ at the K16 Prospect showing the interpreted mineralisation and the location of drill hole BLDD002 as well as historic drill holes[2] . The location of the cross section is shown in Figure 9.

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On-going Exploration Work Program

Kingfisher is currently working on the following exploration activities:

• Exploration diamond drilling: The reported drill holes are part of 500m of diamond drilling to follow-up previous RC drill intercepts at the K15, K16 and Copper Strike Prospects at Boolaloo. The purpose of the drilling is to assess the mineralisation, alteration and host rock stratigraphy. This information will assist the Company with a 5,000m RC drilling program planned for Boolaloo later in the year. The diamond drilling will also provide samples for petrophysical analysis which will be used in to improve the interpretation of the geophysical surveys.

• Field work: Field work is underway at Boolaloo with first-pass mapping and rock chip sampling being completed in the alteration zones identified from the hyperspectral survey reprocessing (see announcement ASX:KFM 17 February 2017). The fieldwork has the potential to lead directly to new drill targets, adding to the current exciting targets at Boolaloo that are yet to be drill tested.

• Airborne electromagnetic survey (EM): A 1,700 line kilometre airborne EM surveys will commence at Boolaloo, Kingfisher and Mick Well in June 2021. Airborne EM surveys are effective in identifying conductive sulphide mineralisation up to depths of 300m below surface; a style of mineralisation which is targeted by the Company.

Activities completed Q1 2021, activities underway in Q2 and an indicative plan for Q3 to Q4 2021 is shown below.

	Q1 2021	Q2 2021	Q3 2021	Q4 2021
Boolaloo
Hyperspectral re-processing
Diamond drilling
Airborne EM
RC drilling
Geophysics re-processing Kingfisher and Mick Well
Airborne EM
RC drilling
Arthur River
Magnetic survey

Boolaloo Project

The Boolaloo copper-gold and base metal project is located approximately 160km west of Paraburdoo and 35km southwest of the Paulsen's gold mine in the Ashburton region of Western Australia (Figure 12). The Company has pegged exploration licences over the potential strike extents of the interpreted mineralised structures, giving a significant strategic holding in an emerging province and tenure which now covers more than 30km of strike of the interpreted mineralised structures.

Past exploration has established the potential for the discovery of copper mineralisation at the project, with previous reverse circulation (RC) drilling returning very encouraging results which include:

• 4m @ 1.06% Cu & 1.40 g/t Au from 109m, including 1m @ 1.41% Cu & 2.70 g/t Au from 110m (MIRC002)[ 1] ;

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• 3m @ 1.83% Cu & 1.12 g/t Au from 96m, including 1m @ 3.14% Cu & 1.38 g/t Au from 96m (MIRC004)[ 1] ;

• 2m @ 1.44% Cu & 1.36 g/t Au from 137m, including 1m @ 2.28% Cu & 2.28 g/t Au from 138m (MIRC009)[ 1] ;

• 3m @ 3.05% Cu & 0.57 g/t Au from 63m, including 2m @ 3.90% Cu & 0.77 g/t Au from 63m (MIRC013)[1] ; and

• 2m @ 3.81% Cu & 0.62 g/t Au from 62m (MIRC027)[2] .

Past exploration has also established significant mineralisation strike lengths at K15 and K16, with the K16 mineralised zone being intersected over a strike length of 1.5km.

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Legend
Paulsens Gold Mine (NST)
Ashburton
Production 909 koz Au [i] , Resources 209 koz Au [ii]
Mt Clement Project (NST) EL08/3317
Resources 64 koz Au [iii]
Erny Bore (Au)
K16
Copper Strike
Fault
Tenements
Kingfisher Mining (Granted)
Kingfisher Mining (Pending)
Northern Star Resources
Cazaly Resources
25 km
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Figure 12: Location of the Boolaloo Project in the Ashburton Mineral Field showing the 1:2,500,000 geology map of Western Australia. Selected tenements of other companies active in the Ashburton Basin are also shown. Refer to the previous announcements section of this release for detailed information on the past production[i] and resources[ii] of Paulsens Gold Mine and Mt Clement Project[iii] .

Drill hole locations, total depths and summary geological observations from the drill core are shown in Table 1.

Table 1: Drill hole details.

Hole ID	Easting	Northing	RL	Depth (m)	Azimuth	Dip
BLDD001	403793	7465797	181.5	128.8	180	-60
BLDD002	404122	7465609	174.8	156.6	210	-60
BLDD003	410493	7467353	197.0	117.6	50	-60

This announcement has been authorised by the Board of Directors of the Company.

Ends

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For further information, please contact:

Kingfisher Mining Limited

James Farrell, Executive Director Ph: +61 (08) 9481 0389 E: info@kingfishermining.com.au

Media & Investor Enquiries

Peter Taylor, NWR Communications Ph: +61 412 036 231 E: peter@nwrcommunications.com.au

About Kingfisher Mining Limited

Kingfisher Mining Limited ( ASX:KFM ) is a mineral exploration company committed to increasing shareholder wealth through the acquisition, exploration and development of mineral resource projects throughout Western Australia. The Company’s tenements and tenement applications cover 1,375km[2] in the underexplored and emerging regions of the Ashburton and Gascoyne Mineral Fields.

The Company has secured significant landholdings across the interpreted extensions to its advanced copper-gold exploration targets giving it more than 30km of strike across the Boolaloo Project target geology in the Ashburton Basin and more than 50km of strike across the target geological unit that covers the Kingfisher and Mick Well Projects in the Gascoyne region.

To learn more please visit: www.kingfishermining.com.au

Previous ASX Announcements

• 1 ASX Announcement ‘Exploration Update – Argentina and Australia’. Jackson Gold Limited (ASX:JAK), 27 August 2008.

• 2 ASX Announcement ‘Boolaloo Drill Results Confirm Copper-Gold Potential’. Jackson Gold Limited (ASX:JAK), 8 May 2007.

3 Kingfisher Mining Limited Prospectus, 9 November 2020 and WAMEX Reports a079570 and a076055.

Information Sources for Figure 12

i. Paulsens Gold Mine past production: Northern Star Paulsens Gold Operations Fact Sheet dated July 2018: https://www.nsrltd.com/wp-content/uploads/2018/08/NSR-Paulsens-Operations-FactSheet-July-2018.pdf

ii. Paulsens Gold Mine resources: ASX Announcement “Production set to increase 30% over next two years and costs to fall 10%” released 13 August 2020. https://www.nsrltd.com/wpcontent/uploads/2020/08/Resources-and-Reserves-Production-and-Cost-Guidance-Update-exKCGM-13-08-2020.pdf

iii. Mt Clement resources: Artemis Resources Limited Annual Report to Shareholders for year ended 30 June 2019.

Forward-Looking Statements

This announcement may contain forward-looking statements which involve a number of risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward looking statements if these beliefs, opinions, and estimates should change or to reflect other future developments.

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Competent Persons Statements

The information in this report that relates to Exploration Results is based on information compiled by Mr James Farrell, a geologist and Executive Director / CEO employed by Kingfisher Mining Limited. Mr Farrell is a Member of the Australian Institute of Geoscientists and has sufficient experience that is relevant to this style of mineralisation and type of deposit under consideration and to the activity that is being reported on to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Farrell consents to the inclusion in the report of the matters in the form and context in which it appears.

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Attachment 2: JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

Criteria	JORC Code explanation	Commentary
Sampling	• Nature and quality of sampling (eg cut channels, random chips, or specific	• The current drilling program has used HQ-sized triple tube
techniques	specialised industry standard measurement tools appropriate to the	diamond coring for the collection of drill samples. The core
	minerals under investigation, such as down hole gamma sondes, or	samples will be sawn in half, with half of the core retained by the
	handheld XRF instruments, etc). These examples should not be taken as	Company and the other half of the core submitted for analysis.
	limiting the broad meaning of sampling.	• Historic drilling was completed using reverse circulation to obtain
	• Include reference to measures taken to ensure sample representivity and the	1m samples for chemical analysis.
	appropriate calibration of any measurement tools or systems used.	• Rock chip samples were taken as individual rocks representing an
	• Aspects of the determination of mineralisation that are Material to the	outcrop or as channel samples across mineralised zones to give
	Public Report.	an indication of possible grades and widths that can be expected
	• In cases where ‘industry standard’ work has been done this would be	from drilling. Individual rock samples can be biased towards
	relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m	higher grade mineralisation.
	samples from which 3 kg was pulverised to produce a 30 g charge for fire
	assay’). In other cases more explanation may be required, such as where
	there is coarse gold that has inherent sampling problems. Unusual
	commodities or mineralisation types (eg submarine nodules) may warrant
	disclosure of detailed information.
Drilling	• Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast,	• The current drilling program has used HQ-sized triple tube
techniques	auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard	diamond coring for the collection of drill samples. The core
	tube, depth of diamond tails, face-sampling bit or other type, whether core	diameter for HQ triple tube is 61mm.
	is oriented and if so, by what method, etc).	• Historical drilling was completed using the reverse circulation
		technique.
Drill sample	• Method of recording and assessing core and chip sample recoveries and	• Drill sample recovery in the zone of mineralisation and alteration
recovery	results assessed.	is close to 100%.
	• Measures taken to maximise sample recovery and ensure representative	• Historical drill sampled recoveries were not recorded.
	nature of the samples.
	• Whether a relationship exists between sample recovery and grade and
	whether sample bias may have occurred due to preferential loss/gain of
	fine/coarse material.
Logging	• Whether core and chip samples have been geologically and geotechnically	• Drill holes were logged for geology, mineralisation and alteration.
	logged to a level of detail to support appropriate Mineral Resource	The loggingfrom the current and historicprograms is consistent

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Criteria	JORC Code explanation	Commentary
	estimation, mining studies and metallurgical studies.	with industry standards.
	• Whether logging is qualitative or quantitative in nature. Core (or costean,	• Basic geology, alteration and mineralisation descriptions were
	channel, etc) photography.	recorded for the historic rock chip samples.
	• The total length andpercentage of the relevant intersections logged.
Sub-sampling	• If core, whether cut or sawn and whether quarter, half or all core taken.	• Samples from the current program are currently being prepared
techniques	• If non-core, whether riffled, tube sampled, rotary split, etc and whether	for analysis.
and sample	sampled wet or dry.	• Historic RC drill samples were selected on 1m intervals for the
preparation	• For all sample types, the nature, quality and appropriateness of the sample preparation technique.	mineralised zones and composited to 4m intervals for the remainder of each hole.
	• Quality control procedures adopted for all sub-sampling stages to maximise	• The entire rock chip sample was submitted for analysis. The
	representivity of samples.	samples were crushed and pulverised to -75 micron.
	• Measures taken to ensure that the sampling is representative of the in situ
	material collected, including for instance results for field duplicate/second-
	half sampling.
	• Whether sample sizes are appropriate to the grain size of the material being
	sampled.
Quality of	• The nature, quality and appropriateness of the assaying and laboratory	• Samples from the current program are yet to be analysed.
assay data and	procedures used and whether the technique is considered partial or total.	• Historic drill samples were analysed using inductively coupled
laboratory	• For geophysical tools, spectrometers, handheld XRF instruments, etc, the	plasma mass spectrometry as well as fire assay or aqua regia for
tests	parameters used in determining the analysis including instrument make and	Au by Ultratrace Laboratory, Perth.
	model, reading times, calibrations factors applied and their derivation, etc.	• Historic rock chip samples were analysed using inductively
	• Nature of quality control procedures adopted (eg standards, blanks,	coupled plasma - optical emission spectrometry for multi-
	duplicates, external laboratory checks) and whether acceptable levels of	element chemistry and fire assay with an ASS finish to determine
	accuracy (ie lack of bias) and precision have been established.	total gold content. No records were kept for QAQC for the
		historical rock chip samples.
Verification of	• The verification of significant intersections by either independent or	• The three diamond drill holes were designed to assist with the
sampling and	alternative company personnel.	verification of past drilling and sampling results.
assaying	• The use of twinned holes.	• Independent checks or field duplicates were not conducted for
	• Documentation of primary data, data entry procedures, data verification,	historic rock chips and are not considered necessary for that type
	data storage (physical and electronic) protocols.	od sample.
	• Discuss any adjustment to assay data.

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Criteria	JORC Code explanation	Commentary
Location of	• Accuracy and quality of surveys used to locate drill holes (collar and down-	• Collars were surveyed using a handheld GPS, with an accuracy of
data points	hole surveys), trenches, mine workings and other locations used in Mineral	+/-2m.
	Resource estimation.	• Downhole surveys for holes BLDD002 and BLDD003 were
	• Specification of the grid system used.	completed using a north-seeking gyroscopic tool. A downhole
	• Quality and adequacy of topographic control.	survey was not completed for BLDD001, and the downhole
		position is projected from the collar set-up azimuth and dip.
		• The method of survey for the historic drill holes was not
		reported.
		• Selected historic drill holes have been re-surveyed by Kingfisher
		using a handheld GPS.
		• The method of survey for the historic rock chips was not reported
		and the location accuracy is not known.
Data spacing	• Data spacing for reporting of Exploration Results.	• The current diamond drill holes were drilled within 5m to 10m of
and	• Whether the data spacing and distribution is sufficient to establish the	historic drill holes.
distribution	degree of geological and grade continuity appropriate for the Mineral	• Historic drill hole section spacings range from 30m to 120m,
	Resource and Ore Reserve estimation procedure(s) and classifications	typically with a single drill hole per sections. Drill sections with
	applied.	more than one drill hole typically have drill holes spaced between
	• Whether sample compositing has been applied.	25m and 40m on section.
Orientation of	• Whether the orientation of sampling achieves unbiased sampling of possible	• Drill holes were drilled approximately perpendicular to the strike
data in	structures and the extent to which this is known, considering the deposit	of the mineralisation which was identified from surface mapping
relation to	type.	and rock chip sampling.
geological structure	• If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	• The basis for selection of historic rock chip samples was not reported. Rock chip samples are typically selected based on geology and alteration and are biased towards areas that are
		interpreted to be mineralised.
Sample	• The measures taken to ensure sample security.	• Sample security is managed by the Company, with samples
security		delivered direct to the laboratory by Company personnel.
		Samples are given individual samples numbers for tracking and
		processing.
		• Sample security was not historically reported. Samples were
		given individual samples numbers for tracking.

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Criteria	JORC Code explanation	Commentary
Audits or	• The results of any audits or reviews of sampling techniques and data.	• The drill hole and rock chip results have not been audited.
reviews

Section 2 Reporting of Exploration Results

Criteria	JORC Code explanation	Commentary
Mineral	• Type, reference name/number, location and ownership including	• The Boolaloo copper-gold and base metal project is located
tenement and	agreements or material issues with third parties such as joint ventures,	approximately 160km west of Paraburdoo and 35km southwest
land tenure	partnerships, overriding royalties, native title interests, historical sites,	of the Paulsen's gold mine in the Ashburton region of Western
status	wilderness or national park and environmental settings.	Australia.
	• The security of the tenure held at the time of reporting along with any	• The project includes two granted Exploration Licences, E08/2945
	known impediments to obtaining a licence to operate in the area.	and E08/3067 as well as three Exploration Licence applications,
		E08/3246, E08/3247 and E08/3317.
		• The tenements are controlled by Kingfisher Mining Ltd.
		• The tenements lie within Native Title Determined Areas of the
		Thudgari People, combined Thiin-Mah, Warriyangka, Tharrkari
		and Jiwarli People and the Jurruru People.
		• All the tenements are in good standing with no known
		impediments.
Exploration done	• Acknowledgment and appraisal of exploration by other parties.	• The majority of the material work undertaken was by Jackson
by other parties		Gold Ltd during 2006 – 2011.
Geology	• Deposit type, geological setting and style of mineralisation.	• The Boolaloo area is prospective for sediment-hosted and shear-
		associated Cu, Cu-Au and Au mineralisation.
Drill hole	• A summary of all information material to the understanding of the	• Drill hole details are included in tables in this report.
Information	exploration results including a tabulation of the following information for	• Historic drill holes were previously reported by Jackson Gold
	all Material drill holes:	Limited and are available in open file WAMEX reports a079570
	o easting and northing of the drill hole collar	and a076055 and were included in the Kingfisher Mining Limited
	o elevation or RL (Reduced Level – elevation above sea level in metres)	Prospectus dated 9 November 2020.
	of the drill hole collar
	o dip and azimuth of the hole
	o down hole length and interception depth

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Criteria	JORC Code explanation	Commentary
	o hole length.
	• If the exclusion of this information is justified on the basis that the
	information is not Material and this exclusion does not detract from the
	understanding of the report, the Competent Person should clearly explain
	why this is the case.
Data aggregation	• In reporting Exploration Results, weighting averaging techniques,	• The current diamond is currently being prepared for analysis.
methods	maximum and/or minimum grade truncations (eg cutting of high grades)	Samples have been marked at 1m intervals.
	and cut-off grades are usually Material and should be stated.	• Historic drilling was collected on 1m intervals and the sample
	• Where aggregate intercepts incorporate short lengths of high grade	results reported were based on arithmetic averages.
	results and longer lengths of low grade results, the procedure used for
	such aggregation should be stated and some typical examples of such
	aggregations should be shown in detail.
	• The assumptions used for any reporting of metal equivalent values should
	be clearly stated.
Relationship	• These relationships are particularly important in the reporting of	• The drill holes were drilled perpendicular to the mineralisation
between	Exploration Results.	and are close to the true width of the mineralisation.
mineralisation	• If the geometry of the mineralisation with respect to the drill hole angle is
widths and	known, its nature should be reported.
intercept lengths	• If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true
	_width not known’). _
Diagrams	• Appropriate maps and sections (with scales) and tabulations of intercepts	• A map showing all available data has been included in the report
	should be included for any significant discovery being reported These	along with documentation.
	should include, but not be limited to a plan view of drill hole collar
	locations and appropriate sectional views.
Balanced	• Where comprehensive reporting of all Exploration Results is not	• All of the current drilling is included in this report.
reporting	practicable, representative reporting of both low and high grades and/or	• All historic drill hole information was previously reported by
	widths should be practiced to avoid misleading reporting of Exploration	Jackson Gold Limited and subsequently by Kingfisher.
	Results.	• All of the historical rock chip samples are included in this report.
Other	• Other exploration data, if meaningful and material, should be reported	• All of the historical rock chip samples are included in this report.
substantive	including (but not limited to): geological observations; geophysical survey	• All drill hole information was previously reported by Jackson Gold
exploration data	results; geochemical survey results; bulk samples – size and method of	Limited and subsequently by Kingfisher.
	treatment; metallurgical test results; bulk density, groundwater,

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Criteria	JORC Code explanation	Commentary
	geotechnical and rock characteristics; potential deleterious or
	contaminating substances.
Further work	• The nature and scale of planned further work (eg tests for lateral	• The company has planned mapping and additional rock chip
	extensions or depth extensions or large-scale step-out drilling).	sampling to assess the potential within the alteration trends
	• Diagrams clearly highlighting the areas of possible extensions, including	interpreted from the reprocessed hyperspectral survey.
	the main geological interpretations and future drilling areas, provided	• An airborne electromagnetic survey has been planned for to
	this information is not commercially sensitive.	cover E08/2945 and E08/3067.
		• The airborne electromagnetic survey and mapping will be used to
		refine drill targets for testing later in the year.

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