Kingfisher Identifies New Porphyry Copper System Below Hank GOLD-Silver Deposits at Hwy 37 Project, Golden Triangle
KINGFISHER IDENTIFIES NEW PORPHYRY COPPER SYSTEM BELOW HANK
GOLD-SILVER DEPOSITS AT HWY 37 PROJECT, GOLDEN TRIANGLE
VANCOUVER, British Columbia, September 23, 2025 – Kingfisher Metals Corp. (TSX -V: KFR)
(FSE: 970) (OTCQB: KGFMF) (“ Kingfisher” or the “ Company”) is pleased to announce the
identification of 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 crew s have been demobilized from site . The 849 km2 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.
o The redrill of the Lower Hank Porphyry target (HW -25-011) intercepted a new
porphyry copper system over 429 meters (m). 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 (Figures 1-3).
o The gold-silver mineralization observed at surface at Hank is considered to be
related to the alteration and mineralization observed in HW-25-011.
o Alteration and mineralization observed in HW -25-011 is interpreted to be in a
proximal position, on the margins of a conceptual porphyry core.
Figure 1: Hank Porphyry Target Plan View
Summary of HW-25-011 & 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 was 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 -70
mV/V) flank a broad domain of moderate to high chargeability (20 -30 mV/V) in this area (Figure
2). This is interpreted to represent a pyrite -dominant shell lateral to a copper -sulfide 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 (Figure 3). Airborne magnetics
show a broad 1800 m x 900 m magnetic feature that could be mapping porphyry alteration (Figure
1).
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, CEO, states “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.”
Figure 2: Hank Porphyry Target IP Chargeability
Figure 3: Hank Porphyry Target IP Resistivity
Alteration observed in HW-25-011 is consistent with what is typically observed a t 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 ±
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:
1) 0 – 530 m: Distal low temperature alteration quartz -carbonate veins and disseminated
pyrite, elevated lead and zinc.
2) 530 – 900 m: Proximal position porphyry alteration with quartz -chlorite-sericite-+/-
epidote-pyrite in basalt. Pyrite to chalcopyrite ratios very high - chalcopyrite elevated in
higher quartz stockwork domains (Figures 4-6).
3) 890 – 969 m: Proximal position porphyry alteration with chalcopyrite:pyrite ratios
increasing and early K -feldspar-magnetite veins appear within the broad quartz -chlorite
pyrite-chalcopyrite±molybdenite alteration reflecting a vector to a heat source or core
system (Figures 7-9).
Figure 4: HW-25-011 588.4 m
Multi-stage veins with early stringers of magnetite (Mt), K-feldspar (Kf) and chalcopyrite (Cpy)
overprinted by high density quartz (Qz), pyrite (Py), and chalcopyrite (Cpy) stockwork with chlorite (Chl)
alteration replacement of magnetite.
Figure 5: HW-25-011 632 m
Early stringers of magnetite (Mt), K-feldspar (Kf), and chalcopyrite (Cpy) cut by stockwork of quartz
(Qz), pyrite (Py), chalcopyrite (Cpy) and magnetite altered to chlorite (Chl) in halo
Figure 6: HW-25-011 646 m
High density sheeted quartz veins (Qz) with pyrite (Py), chalcopyrite (Cpy) and chlorite (Chl)
Figure 7: HW-25-011 894 m
Alteration to K-feldspar (Kf), quartz (Qz), magnetite (Mt) and chlorite (Chl) with chalcopyrite (Cpy) and
pyrite (Py)