Kingfisher Metals Reports 110 Meters of 0.47 g/t Gold in ~500 m step-out at Hank and Extends Gold in Soil Anomaly at Hank on the HWY 37 Project, Golden Triangle, British Columbia
Kingfisher Metals Reports 110 Meters of 0.47 g/t Gold in ~500 m step-out at Hank and
Extends Gold in Soil Anomaly at Hank on the HWY 37 Project, Golden Triangle, British
Columbia
VANCOUVER, British Columbia, November 10, 2025 – Kingfisher Metals Corp. (TSX-V: KFR) (FSE: 970)
(OTCQB: KGFMF) (“Kingfisher” or the “Company”) is pleased to announce further results from the
2025 exploration and drilling program at the HWY 37 Project. The 933 km2 HWY 37 Project is located
within the Golden Triangle, British Columbia.
Results have been received for an additional four diamond drill holes and soil samples from the 2025
program. Diamond drill hole HW-25-006 returned the longest gold intercepts ever at the Upper Hank
epithermal system. The drill hole cut 110.0 m1 of 0.47 g/t Au (Figure 1,
Figure 2 & Figure 3). This hole collared approximately 500 m to the southeast of the historical non-
43-101 compliant mineral resource within the Pit area (0.22 MT of 4.4 g/t Au at West Pit and 0.22 MT
of 2.4 g/t Au at East Pit)2. This drill hole demonstrates high potential for lateral and vertical expansion
of a near surface bulk tonnage disseminated gold system. A 500 m gap in drilling to northwest at Pit
deposit, 600 m gap in drilling to west, two shallow intercepts to south, and untested eastern domains
points to significant growth potential.
Soil samples to the north of Hank have extended the gold-in-soils anomaly to the northeast by 1,100
m with samples up to 1732.3 ppb (1.73 g/t) Au (Figure 7). Results from the Williams porphyry system
in drill hole HW-25-001 also returned values of 548.1 m of 0.31 g/t AuEq3 including a 124.2 m of 0.43
g/t AuEq. This hole was drilled on the northwestern margin of the Williams deposit (Figure 4).
Highlights from this release include:
• HW-25-006 (Hank): 241.0 m of 0.28 g/t Au from 192.0 m
o Including 110.0 m at 0.47 g/t Au from 197.0 m
• HW25-001 (Williams): 548.1 m of 0.31 g/t AuEq or 0.34% CuEq3 from 294.0 m
o Including 124.2 m of 0.43 g/t AuEq or 0.47% CuEq from 426.6 m
1 True widths of the reported mineralized interval have not been determined.
2 Historical resource is not 43-101 compliant. Reference: Prospectus, Lac Minerals Ltd, July 7, 1987
3 Assumptions used in USD for the metal equivalent calculation were metal prices of $4.00/lb copper, $3,000/oz gold, and $30/oz silver.
No current or historical metallurgical work has been completed therefore recoveries are assumed to be 80% for copper, 80% for gold and
80% for silver. The following equations was used to calculate the copper equivalence: AuEq = gold (g/t) + (copper (%) x 0.9143) + (silver
(g/t) x 0.0100). The following equations was used to calculate the copper equivalence: CuEq = copper (%) + (gold (g/t) x 1.0938) + (silver
(g/t) x 0.0109) Differences may occur due to rounding.
• Soils: Expansion of the gold in soil anomaly by approximately 1,100 m to the northeast, with
samples up to 1732.3 ppb (1.73 g/t) Au.
Dustin Perry, CEO of Kingfisher, states “Hole 6 represents a significant advancement for the Hank
area of the HWY 37 Project . Together with our enhanced geological understanding of the area, this
drill hole demonstrates a significant increase in scale of a shallow bulk-tonnage gold system at Hank.
The result from hole 6 combined with our incipient porphyry discovery in hole 114 shows that there is
potential for a large near surface gold system situated above a large porphyry Cu -Au target, both
within close proximity to highway and power. Extending the already large Hank gold-in-soil anomaly
by over 1 km to the northeast further reinforces the impressive scale of the mineral system we are
exploring. ”
Table 11. Drill Results from this Release.
Hole No. From (m) To (m) Interval (m) Cu (%) Au (g/t) Ag (g/t) CuEq (%) AuEq (g/t)
HW-25-001 249.0 797.1 548.1 0.14 0.16 1.8 0.34 0.31
incl. 426.6 550.8 124.2 0.18 0.23 3.0 0.47 0.43
HW-25-002 118.0 124.0 6.0 0.01 0.48 1.1 - 0.50
and 201.0 217.0 16.0 0.01 0.26 2.3 - 0.29
and 233.0 247.0 14.0 0.02 0.27 2.0 - 0.32
and 405.0 415.0 10.0 0.01 0.45 1.4 - 0.47
HW-25-003 101.7 108.0 6.3 0.01 0.50 5.0 - 0.56
and 160.0 164.0 4.0 0.01 0.77 8.6 - 0.87
and 487.5 488.4 0.9 0.01 1.68 33.9 - 2.02
and 504.0 510.0 6.0 0.03 0.34 4.2 0.41
HW-25-006 192.0 433.0 241.0 - 0.28 - - -
incl. 197.0 307.0 110.0 - 0.47 - - -
Note: Kingfisher has only received fire assay (Au) results from HW-25-006. Multi-element 4 acid digestion/ICP-ES/MS are
still outstanding.
4 See news release dated September 23, 2025, on www.kingfishermetals.com or www.sedarplus.ca.
Figure 1 Plan View Historical and 2025 Drillhole Locations
HW-25-006 (Hank) Summary
Hole HW-25-006 was collared approximately 500 m to the southeast of the historical non-43-101
compliant mineral resource within the Pit area (0.22 MT at 4.4 g/t Au at West Pit and 0.22 MT @ 2.4
g/t Au at East Pit). This drill hole returned 110.0 m of 0.47 g/t Au5 within a broader zone of 241.0 m of
0.28 g/t Au (
Figure 2 & Figure 3). These findings indicate potential for expanding a near-surface bulk tonnage gold
system both laterally and vertically . The results of HW -25-006, combined with significant spacing
between historical drill holes open a large search space for the Kingfisher Exploration Team to target
in future exploration programs . Historical drilling within this near surface gold zone was primarly
designed to test gold soil anomalies with minimal focus on testing higher-grade structural corridors
within the prospective area . Integrating the recently completed LiDAR survey into our 3D geology
model will strengthen targeting of higher-grade ore shoots and feeders to the lower grade
disseminated gold system.
5 Note: Kingfisher has only received fire assay (Au) results from HW-25-006. Multi-element 4-acid digestion/ICP-ES/MS are still
outstanding.
HW-25-006 was the first drill test by Kingfisher into the large -scale lithocap identified at Hank. The
drill passed through a previously mapped pyrite-rich diatreme breccia body at surface, host to sooty
pyrite-cement breccias (5 –10% pyrite) which carry the gold intercept. These pyrite -rich units were
also found to host traces of molybdenite, sphalerite, chalcopyrite, galena, and elevated cobalt
mineralization as identifed visually and with pXRF . The pyrite alteration and veins extend the known
hydrothermal system deeper than previously mapped or drilled, with interpretation of the data
continuing to determine the full potential of the Hank system. The pyrite explains the IP chargeability
anomaly, suggesting strong future potential for targeting porphyry and precious metal systems,
pending full assay results (only fire-assay Au results received to date for HW-25-006).
Figure 2: Upper Hank map showing location of HW-25-006 relative to historical drilling.
Figure 3: Annotated cross-section of drill hole HW-25-006
HW-25-001 (Williams) Summary
HW-25-001 was completed upslope and west of the mineralized porphyry at Williams that crops out
at surface. It was drilled steeply to the east at 119o azimuth and -80o dip. The drill hole was designed
to test the potassic core of the Williams porphyry system at depth , unfortunately it deviated more
that 40 degrees on azimuth which was significantly more than expected and resulted in testing the
flank of the system instead of the intended target . Despite this, HW-25-001 intersected potassic
alteration overprinted by phyllic alteration and returned 548.1 m of 0.31 g/t AuEq or 0.34% CuEq
including 124.2 m of 0.43 g/t AuEq or 0.47 % CuEq (Figure 4 & Figure 5). This was the first drill test
into Williams by Kingfisher, and it identified two distinct porphyry intrusive phases at Williams,
enhancing Kingfisher’s understanding of the mineralized system and enabled more precise targeting
of the younger, more productive intrusive phase.
Figure 4: Plan view showing location of drill hole HW-25-001, 002 & 003 and section lines.
Figure 5: Annotated cross-section showing HW-25-001. Section is showing a 150m wide viewing window
HW-25-002 & 003
HW-25-002 and HW -25-003 were drilled to the northwest of the Hank epithermal system and
returned short intervals of gold and silver mineralization with up to 10 m of 0.45 g/t gold and 1.4 g/t
silver and 4 m of 0.77 g/t gold with 8.6 g/t silver respectively (Figure 1 &Figure 6). These results
demonstrate potential for identifying further mineralized systems to the north of Hank. These holes
were targeting shallow chargeability anomalies linked to the Williams porphyry at depth. Hole HW-
25-003 showed intense quartz-sericite-pyrite-carbonate alteration in the top 250 m interpreted to be
a porphyry-flanking alteration assemblage. This hole validates the potential location and scale of the
Kaip porphyry target, ~450 m to the southwest. Both holes intersected a polyphase diatreme breccia,
interpreted to be emplaced before Williams' mineralization. Diatreme breccias often precede or
follow porphyry Cu-Au deposit formation. Mapping and drill data from the Williams porphyry area
suggest potential for porphyry Cu-Au at the margins of this diatreme. These observations elevate the
prospectivity of other targets areas located to the south of these holes and the deep chargeability
anomaly remains unresolved.