Kingfisher’s RAB Drilling Program at Langara Zone Returns Highly Anomalous pXRF Results
Kingfisher’s RAB Drilling Program at Langara Zone Returns Highly
Anomalous pXRF Results
VANCOUVER, British Columbia, August 8, 202 2 – Kingfisher Metals Corp. (TSX -V: KFR) (FSE: 970)
(OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to announce updates on rotary air blast
(“RAB”) drilling at the 100% owned 511 km2 Goldrange Project. Goldrange is located approximately 25 km
south of the town of Tatla Lake in the Chilcotin region of Southwest British Columbia.
Highlights
• Six RAB drill holes ( 399.28 m) have been completed at the Langara Zone, located in the
eastern Cloud Drifter Trend.
• Portable X-Ray Fluorescence (“pXRF”) analysis has delineated multi-element anomalism in
all holes drilled from one pad to target a historical adit.
• Visual chip logs identified sulfide minerals and quartz veins typical of gold mineralization
style observed on surface in all drill holes to date.
• GRR22-033 intercepted the historical Langara adit (1930s) at 9.14 m and visual chip logs
identified geology typical of rocks from adit dump pile.
• Samples have been submitted for gold analysis at MSALABS’ Chrysos PhotonAssayTM for
analysis and check fire assays with initial results expected in the coming weeks.
Dustin Perry, CEO, states “This first shallow drill test of the Langara Zone was successful at locating the
historical adit that was obscured by talus cover. Additionally, drilling encountered highly anomalous
pathfinder mineralization in areas of limited outcrop due to talus cover. Logging of RAB cuttings shows
widespread quartz veins with associated sulfide minerals that is comparable to the high-grade Au-Ag veins
at surface. Now that we have a better 3D understanding of this target, we can diamond drill this season.
The diamond rig will test a much broader area of mineralization as well as potential feeder mineralization
to these areas of surficial anomalism.”
Overview
Kingfisher commenced the first-ever drill program at the Langara Zone (Figures 1 and 2) with a RAB drill
rig in July 2022. The initial six holes (Table 1) were drilled from a single pad located adjacent to a historical
adit from the 1930s. Drilling was completed to test the geometry of near surface mineralization including
the talus obscured adit. The historical working is centered on an interference zone between northwest and
east trending veins.
Figure 1. Langara Zone and RAB Drill Collars
Figure 2: Langara Zone Aerial View to East
Table 1. RAB Drill Hole Locations (NAD83, Zone 10)
RAB Drill Results
Drill cuttings were analyzed using an Olympus Vanta Handheld XRF (C Series) (pXRF) instrument for
multiple elements. All RAB holes intercepted anomalous intervals of pathfinder elements (Figure 3, Table
2) consistent with Au-related pathfinder enrichments observed in surface geochemical samples previously
collected at the Langara Zone.
Hole Easting (m) Northing (m) Elevation (m) Depth (m) Azimuth Dip
GRR22-033 390144 5705445 1767 9.14 240 55
GRR22-034 390144 5705445 1767 89.92 240 65
GRR22-035 390144 5705445 1767 88.39 197 57
GRR22-036 390146 5705447 1767 77.72 55 60
GRR22-037 390146 5705447 1767 71.63 30 60
GRR22-038 390145 5705447 1767 62.48 330 60
Figure 3. Plan View of Langara Zone pXRF Results of RAB drilling
*True widths are not known at this time, all widths reported are drilled widths. Highlight intervals are selected based on >100
ppm As. Anomalous intervals with less than 5 m lengths are omitted from table, bold rows contain pathfinders > 1000 ppm.
Table 2. Highlight Table of XRF Results
Langara Adit Target Area
The Langara Adit and surrounding quartz-hosted mineralization is defined by surface grades up to 60.4 g/t
Au and 1500 g/t Ag from grab samples. Dump samples from the Langara Adit grade up to 14.4 g/t Au and
are associated with arsenopyrite (As), chalcopyrite (Cu), sphalerite (Zn), boulangerite (Pb, Sb), and Bi- and
Te-bearing minerals.
The sulfide minerals identified in RAB holes (Figure 4) are comparable to gold-bearing rocks observed at
surface. Hole GRR22-033 intercepted quartz and sulfide vein material from surface to 9.14 m , where the
historical adit was intersected.
The precise location of historical mining obtained from hole GRR22-033 provides the key data required to
plan for diamond drilling. A diamond drill pad will be built near the top of the slope at the Langara Zone
(Figure 2) within the coming weeks. Drilling from this pad will test the depth potential of the Langara adit
ore shoot.
Hole From (m) To (m) Interval (m) As ppm Cu ppm Pb ppm Zn ppm
GRR22-033 0.00 9.14 9.14 15075 1453 222 165
GRR22-034 0.00 53.34 53.34 469 175 20 151
incl 0.00 25.91 25.91 1148 361 46 309
and 71.63 89.92 18.29 169 57 3 75
GRR22-035 0.00 45.72 45.72 721 164 29 189
incl 0.00 12.19 12.19 3529 504 109 661
GRR22-036 0.00 56.39 56.39 537 282 20 479
incl 15.24 33.53 18.29 1998 1013 24 145
GRR22-037 1.52 12.19 10.67 269 100 315 662
and 18.29 56.39 38.10 223 163 14 105
GRR22-038 0.00 13.72 13.72 421 221 55 1083
and 35.05 44.20 9.14 137 93 10 115
and 44.20 62.48 18.29 134 76 421 914
incl 48.77 59.44 10.67 237 124 805 1724
Figure 4. Photos of RAB Chips of Adit Target Area
pXRF Sampling and Analytical Protocol
RAB drill holes at the Goldrange Project are NWJ sized (2 5/8”). Samples are collected continuously from
surface from each 5 ft (1.52 m) rod length. Collected sample material is put through a 1:8 riffle splitter, with
the smaller portion of the sample bagged to be sent to the lab for Au Chrysos PhotonAssayTM and Au Fire
Assay checks. From the riffle splitter reject ~500 g rams of material are collected for pXRF analysis. The
pXRF samples are returned to camp where they are dried prior to analysis. Once dry 15 ml of it is packed
in a plastic XRF sample cup lined with prolene thin film. Care is taken to ensure that no material larger than
2 mm in diameter is packed into the sample c up. Once the sample cups have been packed , they are
analyzed with an Olympus Vanta Handheld pXRF (C Series). Each sample is analyzed twice, adjusting the
position of the sample on the pXRF detector between analyses. The two analyses are averaged to give a
final result. Between each sample, the pXRF workstation is cleaned with pressurized air and paper towel.
Certified reference materials and blanks are inserted into the sample sequence every 20th sample.
About RAB Drilling
Kingfisher is using RAB drills as a cost effective and efficient first pass exploration tool. The RAB is a heli-
portable, track mounted drill that can drill a wide range of dips (50 -90°) to depths of up to 100 m. Rock
cuttings from the drill hammer are returned to surface between the outside of the rods and the open hole.
Under certain conditions, cross contamination between samples is a concern. The assay results from the
RAB drill provide a strong indication of the grade and thickness of gold intercepted in a given hole.
Kingfisher intends to follow up encouraging RAB assay results with a diamond drill to fully quantify the
grade and thickness of these mineralized intercepts.
Qualified Person
Dustin Perry, P.Geo., Kingfisher’s CEO, is the Company’s Qualifi ed Person as defined by National
Instrument 43-101, Standards of Disclosure for Mineral Projects, and has prepared the technical information
presented in this release.
Investor Relations
Kingfisher also announces that it has entered into an agreement with Adelaide Capital Markets Inc.
("Adelaide") dated August 1, 2022, for various investor relations services at an aggregate cost of C$8,000
per month, payable monthly. The services will commence on August 15, 2022 and will continue for a period
of six (6) months. Adelaide is an arm’s length consultant and was previously granted 50,000 stock options
of the Company that are subject to deferred vesting over one year. To the knowledge of the Company, both
Adelaide and Deborah Honig, President of Adelaide, own shares of Kingfisher. Neither the Company nor
any of its directors, officers or employees have any interest, directly or indirectly, in Adelaide, or their
securities, or any right or intent to acquire such an interest. Adelaide manages a marketing team
headquartered in Toronto, Ontario, and has been successfully providing services for a broad range of
companies listed on the TSX Venture Exchange.
About Kingfisher Metals Corp.
Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused
on underexplored district-scale projects in British Columbia. Kingfisher has three 100% owned district-scale
projects that offer potential exposure to high -grade gold, copper, silver, and zinc. The Company currently
has 103,007,272 shares outstanding.
For further information, please contact:
Dustin Perry, P.Geo.
CEO and Director
Phone: +1 778 606 2507
E-Mail: [email protected]
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX -
V) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization
hosted on the Company’s property. This news release contains forward-looking statements, which relate to
future events or future performance and reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and are based on assumptions made by
and information currently available to the Company. All statements, other than statements of historical fact,
are forward -looking statements or information. Forward -looking statements or information in this news
release relate to, among other things: formulation of plans for drill testing; and the success related to any
future exploration or development programs.
These forward-looking statements and information reflect the Company’s current views with respect to
future events and are necessarily based upon a number of assumptions that, while considered reasonable
by the Com pany, are inherently subject to significant operational, business, economic and regulatory
uncertainties and contingencies. These assumptions include; success of the Company's projects; prices
for gold remaining as estimated; currency exchange rates remaining as estimated; availability of funds for
the Company's projects; capital, decommissioning and reclamation estimates; prices for energy inputs,
labour, materials, supplies and services (including transportation); no labour - related disruptions; no
unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses
and regulatory approvals are received in a timely manner; and the ability to comply with environmental,
health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward -looking statements and information involve known and
unknown risks, uncertainties and other factors that may cause actual results and developments to differ
materially from those expressed or implied by such forward-looking statements or information contained in
this news release and the Company has made assumptions and estimates based on or related to many of
these factors. Such factors include, without limitation: risks related to the COVID-19 pandemic; fluctuations
in gold prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including
transportation); fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar);
operational risks and hazards inherent with the business of mineral exploration; inadequate insurance, or
inability to obtain insurance, to cover these risks and hazards; our ability to obtain all necessary permits,
licenses and regulatory approvals in a timely man ner; changes in laws, regulations and government
practices, including environmental, export and import laws and regulations; legal restrictions relating to
mineral exploration; increased competition in the mining industry for equipment and qualified person nel;
the availability of additional capital; title matters and the additional risks identified in our filings with Canadian
securities regulators on SEDAR in Canada (available at www.sedar.com). Although the Company has
attempted to identify important factors that could cause actual results to differ materially, there may be other
factors that cause results not to be as anticipated, estimated, described, or intended. Investors are
cautioned against undue reliance on forw ard-looking statements or information. These forward -looking
statements are made as of the date hereof and, except as required under applicable securities legislation,
the Company does not assume any obligation to update or revise them to reflect new event s or
circumstances.