Kingfisher Confirms Blind Copper-Gold Porphyry Discovery at Hank, HWY 37 Project, Golden Triangle, British Columbia

Executive Summary

• Kingfisher Metals Corp. announced final assay results from its 2025 drilling program at the HWY 37 Project in the Golden Triangle, British Columbia.
• Drillhole HW-25-011 confirmed a new blind copper-gold (Cu-Au) porphyry system located below the existing Hank epithermal gold-silver mineralized system.
• The discovery validates the company's exploration model, suggesting the potential for large-scale porphyry systems in the area, with a defined 2026 target area for follow-up drilling.

Key Details

• Primary Discovery (HW-25-011):
  • Intercepted 425.0 meters of 0.40% CuEq (0.15% Cu, 0.21 g/t Au, 2.2 g/t Ag).
  • The zone is interpreted as a "blind discovery" as porphyry Cu-Au mineralization had not been previously recognized at Hank.
  • Mineralization remains open in all directions, with the hole terminating in increasing copper grades at a depth of 959.0 meters.
  • Zonation observed progresses from low to higher temperature alteration, vectoring toward a porphyry heat source to the southeast.
  • Induced polarization (IP) surveys outline broad areas of chargeability north and south of the hole, possibly indicating a large, disseminated sulfide body.
• 2026 Exploration Plan:
  • A priority target area of approximately 1.75 km x 0.95 km has been defined by geophysical, geological, and exploration inputs.
  • This area is the top priority for follow-up drilling in 2026.
• Additional 2025 Drill Results (HWY-37 Project):
  • HW-25-001: 548.1m @ 0.34% CuEq, including 124.2m @ 0.47% CuEq.
  • HW-25-004: 557.8m @ 0.64% CuEq, including 234.35m @ 1.00% CuEq.
  • HW-25-008: 889.35m @ 0.47% CuEq, including 40.15m @ 1.16% CuEq.
  • HW-25-010: 721.7m @ 0.46% CuEq, including 78.7m @ 1.01% CuEq and 47.55m @ 1.12% CuEq.
  • HW-25-002, HW-25-003, HW-25-006, HW-25-009: Reported various shorter intervals with lower-grade Cu-Ag mineralization.
  • HW-25-005 & HW-25-007: Abandoned; redrilled as HW-25-006 and HW-25-011 respectively.
• Technical Specifications:
  • Metal price assumptions for CuEq/AuEq calculations: $4.00/lb Cu, $3,000/oz Au, $30/oz Ag.
  • Recovery assumptions: 80% for Cu, Au, and Ag.
  • QAQC performed by Bureau Veritas (Vancouver) using ISO/IEC 17025:2017 compliant standards.
  • Qualified Person: Tyler Caswell, P.Geo., Vice President Exploration.

Notable Quotes

• "The final hole of the 2025 program validates our long-standing belief that the shallow Hank Au-Ag epithermal mineralization is driven by a large porphyry Cu-Au system. This impressive first intercept of 425.0 metres of 0.40% CuEq is interpreted to be on the margin of the system, with anticipated increases in grade toward the conceptual core. The scale and consistency of this discovery, along with a wide untested area hosting strong geophysical anomalies, highlight the potential for further exploration and support the need for aggressive follow-up drilling in 2026." — Dustin Perry, CEO