Kingfisher identifies porphyry copper system at HWY 37

Mr. Dustin Perry reports KINGFISHER IDENTIFIES NEW PORPHYRY COPPER SYSTEM BELOW HANK GOLD-SILVER DEPOSITS AT HWY 37 PROJECT, GOLDEN TRIANGLE Kingfisher Metals Corp. has identified a new porphyry copper system below the Hank epithermal gold-silver system at the HWY 37 project. Additionally, the program at HWY 37 is complete for the 2025 exploration program and crews have been demobilized from site. The 849-square-kilometre HWY 37 project is located within the Golden Triangle, British Columbia. HW-25-011 highlights: Identification of a new porphyry copper system below the Hank epithermal gold-silver deposits: The redrill of the Lower Hank porphyry target (HW-25-011) intercepted a new porphyry copper system over 429 metres. This intercept is significant as it demonstrates the potential for a large porphyry copper-gold system nested below the broad Hank epithermal gold-silver system. The gold-silver mineralization observed at surface at Hank is considered to be related to the alteration and mineralization observed in HW-25-011. Alteration and mineralization observed in HW-25-011 are interpreted to be in a proximal position on the margins of a conceptual porphyry core. Summary of HW-25-011 and the Hank porphyry target The planned depth of HW-25-011 was 650 m; however, it was extended to a final depth of 959 m based on observations of the drill core and to collect targeting data for follow-up drilling in 2026. Porphyry-style alteration and mineralization were first observed at 530 m downhole depth and continued over 429 m, with the end of hole (959 m) bottoming in copper mineralization. Additional induced polarization (IP) geophysical survey data collected in 2025 helped to further refine the compelling geophysical signature of this target. High-chargeability domains (30 to 70 millivolts per volt) flank a broad domain of moderate to high chargeability (20 to 30 mV/V) in this area. This is interpreted to represent a pyrite-dominant shell lateral to a copper-sulphide-dominant core. IP resistivity also shows a broad resistive feature that is interpreted to represent a resistive porphyry intrusive core surrounded by conductive clay alteration. Airborne magnetics show a broad 1,800-metre-by-900-metre magnetic feature that could be mapping porphyry alteration. These results and observations are significant in that they validate Kingfisher's exploration model and demonstrate the potential for the Hank area to host a large-scale porphyry copper-gold deposit. Dustin Perry, chief executive officer, stated: "This initial drill test below the extensive Hank epithermal Au-Ag system encountered a new porphyry copper system. This targeting success is a major advancement in confirming our exploration hypothesis that a large porphyry copper-gold system is responsible for the broad epithermal Au-Ag mineralization at Hank on surface. Our long-standing belief has been that the Hank alteration footprint was caused by either a cluster of Williams-style porphyry systems or that a larger porphyry system is located directly underneath it. This single drill hole appears to have glanced the side of robust new system." Alteration observed in HW-25-011 is consistent with what is typically observed at the flanks of a porphyry copper-gold system. Visual observations of drill core show widespread multigenerational porphyry-style veins and disseminated mineralization with pyrite greater than chalcopyrite plus or minus molybdenite throughout the intercept. Prior to this drill hole, historical drilling at Hank had not identified porphyry-style mineralization (disseminated and porphyry vein-hosted chalcopyrite) or zoned porphyry alteration. Three domains of interest were intersected in the hole: Zero to 530 m: distal low temperature alteration quartz-carbonate veins and disseminated pyrite, elevated lead and zinc; 530 to 900 m: proximal position porphyry alteration with quartz-chlorite-sericite plus or minus epidote-pyrite in basalt; pyrite-to-chalcopyrite ratios very high -- chalcopyrite elevated in higher quartz stockwork domains; 890 to 969 m: proximal position porphyry alteration with chalcopyrite-to-pyrite ratios increasing and early potassium-feldspar-magnetite veins appear within the broad quartz-chlorite pyrite-chalcopyrite-plus-or-minus-molybdenite alteration, reflecting a vector to a heat source or core system. Hole HW-25-009 summary HW-25-009 was completed since the last release. It targeted the root area to the southwest Williams deposit. The hole started and continued in flanking alteration and mineralization until end of hole. The flanking alteration observed is potasium-feldspar-epidote-magnetite and high pyrite-to-chalcopyrite ratios for the full length of the hole. The hole was terminated at 761 m, which is ahead of the 800 m target depth, as it was determined it would not intersect the projected higher-grade potassic alteration target. Summary of work completed at HWY 37: Crews and equipment have been demobilized from site; Drilling was completed on Sept. 7, totalling 7,630 m: All holes have been logged; samples have been cut and sent to the Bureau Veritas lab in Vancouver for assay; 84 person-days of mapping; Greater than 750 soil samples; Greater than 650 surface rock samples; 30.7 line kilometres of IP geophysics; 1,750 line kilometres (covering approximately 319 square kilometres) of airborne mobile magnetotellurics (MMT) geophysical survey; Light detection and ranging (lidar) survey covering 256 square kilometres. Qualified person Tyler Caswell, PGeo, Kingfisher's vice-president, exploration, is the company's qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Caswell has supervised, reviewed and approved the technical information presented in this release. About Kingfisher Metals Corp. Kingfisher Metals is a Canadian-based exploration company focused on copper-gold exploration in the Golden Triangle in British Columbia. Through outright purchases and option earn-in agreements (Orogen Royalties and Golden Ridge Resources), the company has quickly consolidated one of the largest land positions in the region at the contiguous 849-square-kilometre HWY 37 project. Kingfisher also owns (100 per cent) two district-scale orogenic gold projects in British Columbia that total 641 square kilometres. The company currently has 88,927,226 shares outstanding. We seek Safe Harbor.