Kingfisher Announces Commencement of 2026 Exploration Program at HWY 37 and Forrest Kerr Projects, Golden Triangle

Executive Summary

• Kingfisher Metals Corp. has commenced its fully funded 2026 exploration program at the HWY 37 and Forrest Kerr projects in British Columbia's Golden Triangle, anchored by a 15,000-meter, three-rig diamond drill campaign.
• Drilling will initially target the Hank porphyry Cu-Au area, with the first hole expected to be collared within 1-2 days, building on the 2025 discovery hole HW-25-011.
• The program includes extensive geophysical surveys (ground IP, airborne MMT/magnetic), expanded LiDAR, and surface mapping across a 1,135 km² land package, with assay results anticipated in 6-8 weeks.

Key Details

• Drilling Campaign: 15,000 m three-rig diamond drill program targeting priority porphyry Cu-Au and epithermal Au-Ag targets.
• First Drill Location & Timeline: On site at HWY 37 Project; first hole expected to be collared within 1-2 days at the Hank porphyry Cu-Au target area.
• Historical Drill Result: Hank target hosts discovery hole HW-25-011 returning 425 m of 0.15% Cu, 0.21 g/t Au, and 2.2 g/t Ag (0.40% CuEq).
• Drill Rig Schedule: First drill on site immediately; second drill arriving June 25; third drill arriving July 1.
• Geophysics & Surveys: Ground-based induced polarization (IP) geophysics in the Hank-Mary District; airborne mobile magnetotelluric (MMT) and magnetic surveys covering the entire Forrest Kerr Project; expanded LiDAR coverage.
• Surface Exploration: Targeted surface mapping and geochemistry campaign across the Company's 1,135 km² Golden Triangle land package.
• Field Activity Schedule: Reconnaissance prospecting and regional stream sediment sampling in late June; geological mapping and soil sampling in the second week of July; ground IP and airborne surveys commencing mid-July.
• Assay Process & Turnaround: Drill core will be logged, sampled, and submitted continuously; anticipated turnaround time is 6-8 weeks from sample submission due to seasonal lab demand, with potential for further delays. Results will be released upon verification and approval by the Qualified Person.
• Qualified Person: Tyler Caswell, P.Geo., Vice President, Exploration (not independent of the Company).
• Land Position: 933 km² HWY 37 Project, 202 km² Forrest Kerr Project, and 641 km² of district-scale orogenic gold projects.
• Shares Outstanding: 140,198,584 shares as of the release date.

Notable Quotes

• Dustin Perry, CEO and President: "This 15,000 m drill program is the most significant exploration program in Kingfisher's as well as the HWY 37 project areas' history. The 2025 discovery at Hank confirmed HWY 37 Project's porphyry copper-gold potential. The 2026 program will focus on step-outs from HW-25-011, extensive drill tests of disseminated and structurally hosted epithermal Au-Ag above the porphyry environment, and additional drilling at untested porphyry Cu-Au targets within the Hank-Mary District. This program has the potential to deliver multiple discoveries across this highly prospective but relatively underexplored district. Additionally, and in keeping with our systematic exploration ethos, we will continue large-scale regional exploration programs across both HWY 37 and Forrest Kerr."