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Kingfisher Provides Exploration Update at HWY 37 Project, Golden Triangle

Exploration Programs

Kingfisher Provides Exploration Update at HWY 37 Project, Golden Triangle

VANCOUVER, British Columbia, August 28, 2025 – Kingfisher Metals Corp. (TSX-V: KFR) (FSE:

970) (OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to provide an update on the

2025 exploration program at the HWY 37 Project. The 849 km2 HWY 37 Project is located within

the Golden Triangle, British Columbia.

Drilling to date has focused on testing for depth extensions of the Williams porphyry Cu -Au

system, porphyry Cu-Au targets across the valley (east) in areas with no historical drilling, and at

the Upper and Lower Hank porphyry Cu-Au targets (Figures 1, 2 and Table 1).

Summary of Work Completed to date:

• 6,850 meters of drilling

o HW-25-001, -002, -003, -004, and -006 have been sent to the Bureau Vertitas lab

for assay (currently logging the remainder)

• 84 person days of mapping

• >750 soil samples

• >650 surface rocks samples

• 30.7 line-km of IP geophysics

• 1,750 line -km (covering ~319 km 2) of airborne Mobile Magneto Tellurics (MMT)

geophysical survey

• Light Detection and Ranging (LiDAR) survey covering 256 km2

The exploration team is busy compiling and interpreting all the information that has been collected

this season.

Dustin Perry, CEO, states “We continue to see our exploration hypothesis validated with visible

copper mineralization directly below known grade at Williams . HW-25-006 at Upper Hank

intersected an 800-m vertically extensive sulfide-bearing hydrothermal system, confirming our

hypothesis that the multi -kilometer scale hydrothermal system at Hank extends significantly at

depth. In addition to drilling, our exploration team and consultants have covered a broad area with

multiple geological, geophysical, and geochemical programs that will serve to further unlock the

potential of this highly prospective large project.”

Figure 1: Hank-Williams Drill Area

Figure 2: Hank-Williams Alteration System

Hole ID Zone

Easting

(mE)

North

(mN) Azi (o) Dip

(o)

Final

Depth (m) Status

UTM NAD83 Zone 09

HW-25-001 Williams 409395 6344077 110 -80 803 Complete, samples shipped to assay lab

HW-25-002 East

Williams 409769 6343628 292 -85 550 Complete, samples shipped to assay lab

HW-25-003 East

Williams 410086 6343432 286 -68 668 Complete, samples shipped to assay lab

HW-25-004 Williams 409510 6344131 169 -75 886 Complete, samples shipped to assay lab

HW-25-005 Upper Hank 410475 6341586 295 -76 282 Lost hole at 282m well short of proposed

depth - challenging ground conditions

HW-25-006 Upper Hank 410475 6341586 295 -77 839 Complete, samples shipped to assay lab.

Redrill of HW-25-005

HW-25-007 Lower Hank 408783 6342029 110 -65 192 Lost hole at 192 m well short of proposed

depth - equipment issues

HW-25-008 Williams 409415 6343882 27 -73 893 Complete, detail logging and sampling in

progress

HW-25-009 Williams 409586 6343820 254 -82 In progress In progress

HW-25-010 Williams 409419 6343879 75 -85 797 Complete, detail logging and sampling in

progress

Hole ID Zone

Easting

(mE)

North

(mN) Azi (o) Dip

(o)

Final

Depth (m) Status

UTM NAD83 Zone 09

HW-25-011 Lower Hank 408790 6342030 110 -65 In progress In progress, Redrill of HW-25-007

Table1: Summary of drill program status

Williams Area Drilling

At the time of writing, four diamond drill holes have been completed (3,375 m) within the Williams

mineralized system, with one in progress. The initial two holes completed at Williams, HW-25-001

and HW-25-004 were previously discussed in a news release on July 31st. Since that time, HW-

25-008 and HW-25-010 have been completed to a total depth of 893 m and 797 m respectively.

HW-25-009 is currently in progress and is proposed to a final depth of 750 m (see Figure 1). The

purpose of the drill holes HW-25-008, -009, and -010 are to delineate the deep-level geometry of

the Williams porphyry system.

HW-25-008

This hole was designed to cross quartz stockwork vein s with chalcopyrite +/ - bornite

mineralization observed at surface, and test the strike and depth extent of the Williams porphyry

to the northeast. Hole HW-25-008 has several intercepts (Figures 3, 4, 5) of both early and syn-

mineral monzonite porphyry with higher copper mineralized intervals with bornite within and at

flank of the syn-mineral porphyry.

Summary:

• 0–157 m: potassic alteration with varying amounts of chalcopyrite ± bornite

• 157–253 m: felsic stratigraphy with low sulfide and trace chalcopyrite concentrations

• 253–810 m: potassic alteration in mixed monzonite and wall rock with variable

chalcopyrite ± bornite

810–893 m: flanking alteration of epidote-magnetite-K-feldspar, low relative chalcopyrite

and increase in pyrite

Figure 3: HW-25-008 - 315 m (Bn = Bornite, Cpy = Chalcopyrite)1

Potassic alteration with copper sulfide mineralization

Figure 4: HW-25-008 – 324 m (Bn = Bornite, Cpy = Chalcopyrite)1

Potassic alteration with copper sulfide mineralization

Figure 5: HW-25-008 - 468 m and 685 m (Cpy = Chalcopyrite)1

Potassic alteration with copper sulfide mineralization

HW-25-009

Hole HW-25-009 collared in the SW Williams deposit with azimuth of 260 o and dip of -82o. It is

designed to cross and characterize the deeper extents of the porphyry alteration below historical

hole HNK-18-002. At the time of writing, this hole is in progress.

HW-25-010

Hole HW-25-010 collars uphill of HW -25-009 on same drill pad as HW -25-008 with azimuth of

075º and dip of -85º. Similar to hole HW-25-009, the hole is designed to test the deeper domain

boundaries of the porphyry system. Hole HW -25-010 accomplished this goal and defined the

eastern boundary of the porphyry alteration system. The hole is recently shut down and detailed

geological logging is underway.

Summary:

• 0–196.5 m: potassic alteration with varying amounts of chalcopyrite +/- bornite in wall

rock

• 196.5–268 m: felsic host rock less favourable host, low relative chalcopyrite abundance

• 268–521 m: variable potassic alteration in mixed monzonite and wall rock with

chalcopyrite +/- bornite

• 521–797 m: wall rock overprinted by porphyry flanking-type alteration (K-feldspar-

epidote-magnetite-chlorite) and low relative chalcopyrite

Figure 6: HW-25-010 - 44.8 m (Bn = Bornite, Cpy = Chalcopyrite)1

Potassic alteration with copper sulfide mineralization

Upper Hank Drilling

Hole HW-25-006 was collared at 295o azimuth and -78o dip and targeted a chargeability anomaly

at Upper Hank. The hole follows an initial attempt with HW-25-005, which was lost at 281 m depth

due to challenging ground conditions.

Preliminary Summary of HW-25-006:

• The data and observations are currently being compiled and interpreted. Once final assay

results are received, we will concentrate on final interpretations and possible future

targeting

• This is the first test into the large-scale lithocap observed on the project

• Drilled to a total depth of 842 m

• Vertically zoned system from upper chalcedonic silica-pyrite to deeper-level biotite-quartz-

pyrite

• Collared into a previously mapped pyrite-rich breccia body at surface