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Kingfisher Announces Extensive Exploration Program at HWY 37 Project

Exploration Programs

Kingfisher Announces Extensive Exploration Program at HWY 37 Project

VANCOUVER, British Columbia, June 11, 2025 – Kingfisher Metals Corp. (TSX -V: KFR) (FSE: 970)

(OTCQB: KGFMF) (“ Kingfisher” or the “ Company”) is pleased to announce an extensive exploration

program including 7,500 metres of diamond drilling at the HWY 37 Project. Field crews arrived on site last

week with camp construction underway and the first of two drills are expected to arrive in approximately

one week. The 849 km2 HWY 37 Project is located within the Golden Triangle, British Columbia.

Summary of 2025 Exploration Program

The 2025 program is focused on the discovery of porphyry copper – gold deposits and will include 7,500

metres of diamond drilling, a ~1 ,700-line kilometre airborne mobile magnetotelluric geophysical survey

(MMT), ~30 -line kilometres of ground based induced polarization geophysic s survey ( IP), 150 days of

geological mapping, geochemical sampling (>1,500 samples), and a LiDAR survey.

Dustin Perry, CEO, states “The 2025 drill program at HWY 37 is the culmination of two years of

consolidation, exploration, target generation , and a recently closed $10.9 million financing. The Hank -

Williams porphyry Cu -Au targets represent the most compelling early -stage porphyry targets I have

encountered in my career. The target area is host to a regionally significant mineral system with porphyry

mineralization at valley-bottom elevations (347 metres of 0.33% copper and 0.39 g/t gold) that have only

seen ~6,000 metres of historical drilling, and epithermal gold-silver mineralization up to 27.1 metres of 8.68

g/t gold up-slope at higher elevations . Except for Williams, historical exploration on this extensive mineral

system has previously focused on outlining shallow precious metal mineralization. This program marks a

turning point for the project where we will test multiple porphyry copper-gold targets as well as expanding

upon what has already been discovered at Williams.”

Table 1 and Figures 1 and 2 outline the proposed areas of work for 2025 and a detailed breakdown of the

largest ever exploration program on the extensive HWY 37 Project follows.

Target Drilling IP

Geophysics

Geological

Mapping

Geochemical

Sampling

MMT

Airborne

Survey

LiDAR

Hank-Williams-

Mary 7,500m ~30-line km X X

North More X X

Mess Creek X X

Hickman X X

Regional X X X X

Table 1: 2025 Exploration Program - HWY 37 Project

Figure 1: 2025 Proposed Work Areas at HWY 37 with District-Scale Gold Anomalies

Figure 2: 2025 Proposed Work Areas at HWY 37 with District-Scale Copper Anomalies

Diamond Drill Program

The 7,500 metres diamond drill program will be supported with two diamond drills focused within the Hank-

Williams area of the project (Figure 3). Additional targets may be tested beyond this area if additional high-

conviction drill targets are identified within the course of the field program.

The drill program will begin with one drill arriving on approximately Jun e 18, 2025, and the second drill

arriving approximately one week later.

Figure 3: Hank-Williams Proposed Drilling 2025

Summary of Porphyry Drill Targets

Williams Deposit

Initial drilling at Williams will test for extensions of mineralization both above and below the limits of historical

drilling as well as providing additional information on the orientation of the porphyry copper-gold system.

Historical drilling at Williams encountered regions with intense potassic alteration hosting significant higher-

grade intercepts including 190 m etres of 0.49% copper and 0.57 g/t gold. Despite excellent initial grades,

with limited historical drilling, the previous operator did not ful ly determine the orientation of the causative

porphyry intrusions.

The Company’s working hypothesis for the Williams porphyry copper-gold deposit is that historical drilling

only partially tested the structurally focused upper -levels of a broader porphyry system with potential for

broadening at depth within a more intrusive dominated domain.

The three initial planned drill holes range from 700 m etres to 900 m etres in length and are designed to

determine the scale and grade potential of the Williams porphyry system at depth prior to initiating a more

substantial step-out drill program.

Williams East

Drilling is planned east of the Williams Deposit to test a coincident chargeability and conductivity anomaly

that shares the same sub vertical characteristics observed at Williams. Three holes are planned in this area

ranging from 400-650 metres in length and drilled to the northwest and southeast. The furthest west hole

is designed to test the broad chargeability anomaly located at depth and centered on Hank Creek.

Additional Williams Area Drill Holes

Additional drill holes are proposed within the Williams area to the north east and south of the Williams

deposit. These holes are based on a combination of coincident IP geophysics, magnetics, copper-gold

geochemistry in soils and/or rocks, and the regional structural model developed by Kingfisher’s exploration

team.

Kaip

An initial 600 metre drill hole is proposed at the Kaip target , and it is designed to test for porphyry copper-

gold mineralization below a near surface epithermal gold-silver mineralized zone that returned 24.8 metres

of 5.6 g/t gold and 45.9 g/t silver as well 0.8 metres of 133 g/t gold and 263 g/t silver which contained visible

gold. Prospecting and mapping in 2024 discovered copper mineralization cropping out in the valley bottom

grading up to 0.23% copper. The initial drill hole will target an area over 300 m etres below the area tested

by historical drilling that focused on epithermal Au-Ag mineralization.

Upper Hank

The Upper Hank Target is upslope of the Pit Gold Deposit and includes intercepts grading up to 27.1 metres

of 8.68 g/t gold. The target at Upper Hank is centered on a lithocap containing vuggy silica and advanced

argillic minerals ( dickite, alunite, diaspore). IP chargeability outlines a sub vertical pipe like anomaly that

broadens at depth. The feature extends to surface and is represented by a ~500 x 600 metre breccia body

that is cored by a 100 x 75 m etre pyritic milled breccia. The Company’s hypothesis is that this represents

the top of a porphyry system.

An initial 800 metre drill hole is designed to cross the pyrite breccia body and enter the broad chargeability

anomaly at depth. The potential exists for intersecting high-sulfidation epithermal gold-silver mineralization

enroute to the porphyry target. Follow up drilling contingent on initial results will test lateral extent as well

as areas of favourable structural patterns which have the potential to focus hydrothermal ore forming fluids.

Lower Hank

The Lower Hank Target is located on trend and to the southwest of historical drill tests of epithermal gold-

silver mineralization. The nearby Lower Au Hank Deposit epithermal results include 43 metres of 3.13 g/t

gold and 31.7 g/t silver (DDH88-4), 64 metres of 1.97 g/t gold and 15 metres of 7.2 g/t gold (DDH89-4), and

342 metres of 0.33 g/t gold. Metal patterns in the Lower Hank Deposit plunge gently to the SW, interpreted

by the Company to reflect direction of fluid flow and high exploration potential. The initial planned hole is

designed to test a 700-metre gap in historical drilling where recent geological mapping has identified several

hallmarks of a porphyry system . Geological m apping in 2023 -24 identified large-scale zoned alteration

patterns cored by copper grades up to 0.37% at surface. The Lower Hank Porphyry Target is located below

these zoned alteration patterns, on the northern shoulder of a large chargeability anomaly and down plunge

of the projected fluid pathway.

Regional Surveys

Mobile Magneto Telluric (MMT) Airborne Geophysical Survey

A ~1,700-line kilometre MMT survey is planned to cover the Hank -Williams-Mary region as well as lateral

and on-strike continuations of this highly prospective trend. The survey will be completed at 200 metre line

spacing in order to provide high -resolution resistivity data across this trend that will aid in identifying

additional porphyry centers as well as assisting with drill targeting within these regions.

The Company is also considering extending the geophysical survey further to the west to cover the

Northmore, Mess Creek, and Hickman targets.

IP Geophysical Survey

Approximately 30-line kilometres of IP geophysics is planned within the Hank -Williams-Mary trend. The

survey is designed to further refine targets proximal to the area of drilling as well as extending coverage

northwest, southeast, and along strike of the mineralized trend to the northeast towards Mary and the ME

zone.

Geological Mapping

A geological mapping team led by Dr. Roy Greig and Dr. Stephanie Sykora will initially focus on the Hank-

Williams-Mary trend and extend coverage to the NE from the 2025 drill area. Additionally, Northmore, Mess

Creek, and Hickman will be assessed with the goal of refining drill targets for future drill programs.

Geochemical Survey

Geochemical sampling will be completed across a broad area in 2025. High priority soil sampling will begin

by infilling gaps in historical sampling between Hank-Williams and Mary-ME. Initial sampling will take place

northeast of Hank-Williams and south of Ball Creek to the cover a ~2.5 x 1.5-kilometre region and north of

Ball Creek where a ~1.5 x 0.6-kilometre area with no historical sampling.

Additional sampling will take place in the valley southeast of Hank Creek, along ridge and spurs within the

greater Hank-Williams-Mary trend, and at Mess Creek.

Rock sampling, prospecting, and collection of spectral data will take place alongside mapping across all

target areas.

LiDAR Survey

A high-resolution LiDAR survey is planned for approximately half of the HWY 37 Project focused on the

Hank-Williams-Mary area. The survey is being completed to provide structural data for 3D modelling,

providing accurate topography, and baseline surface disturbance data.

Qualified Person

Dustin Perry P.Geo., Kingfisher’s President and CEO, is the Company’s Qualified Person as defined by

National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has prepared the technical

information presented in this release.

Webinar

Kingfisher’s President and CEO, Dustin Perry, will be participating in a Webinar hosted by Adelaide Capital,

which is scheduled for Wednesday, June 18, 2025, at 2:00 pm EDT.

Please click the following link to Register.

About Kingfisher Metals Corp.

Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused

on copper-gold exploration in the Golden Triangle, British Columbia. Through outright purchases and option

earn in agreements (Orogen Royalties and Golden Ridge Resources) the Company has quickly

consolidated one of the largest land positions in the region at the contiguous 849 km 2 HWY 37 Project.

Kingfisher also owns (100%) two district-scale orogenic gold projects in British Columbia that total 641 km2.

The Company currently has 88,661,810 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 statements that constitute “forward-looking

statements.” Such forward -looking statements involve known and unknown risks, uncertainties and other

factors that may cause the Company's actual results, performance or achievements, or developments to

differ materially from the anticipated results, performance or achievements expressed or implied by such

forward-looking statements. Forward -looking statements are statements that are not historical facts and

are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,”

“estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,”

“could” or “should” occur.

Forward-looking statements in this news release include, among others, statements relating to expectations

regarding the projects, and other statements that are not historical facts. By their nature, forward -looking

statements involve known and unknown risks, uncertainties and other factors which may cause our actual

results, performance or achievements, or other future events, to be materially different from any future

results, performance or achievements expressed or implied by such forward -looking statem ents. Such

factors and risks include, among others: the Company may require additional financing from time to time in

order to continue its operations which may not be available when needed or on acceptable terms and

conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and

regulations could adversely affect the Company's business and results of operations; the stock markets

have experienced volatility that often has been unrelated to the performance of companies and these

fluctuations may adversely affect the price of the Company's securities, regardless of its operating

performance.

The forward-looking information contained in this news release represents the expectations of the Company

as of the date of this news release and, accordingly, is subject to change after such date. Readers should

not place undue importance on forward-looking information and should not rely upon this information as of

any other date. The Company undertakes no obligation to update these forward -looking statements in the

event that management's beliefs, estimates or opinions, or other factors, should change.