Kingfisher Metals Reports 889.35 meters of 0.47% CuEq and 721.7 meters of 0.46% CuEq from surface at Williams, HWY 37 Project, Golden Triangle, British Columbia
Kingfisher Metals Reports 889.35 meters of 0.47% CuEq and 721.7 meters of 0.46%
CuEq from surface at Williams, HWY 37 Project, Golden Triangle, British Columbia
VANCOUVER, British Columbia, January 13, 2026 – 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.
Assay results have been received for an additional three diamond drill holes HW-25-008, -009, and -
010. Diamond drill holes HW-25-008 and -010 returned some of the longest copper intercepts from
within the Williams porphyry copper -gold system. HW-25-008 cut 889.35 m1 of 0.47% CuEq 2
starting at surface below 3.65 m of cover to end of hole at 893 m (Figure 4). Drillhole HW-25-010
returned 721.7 m of 0.46% CuEq starting below 4.3 m of cover which includes 78.7 m of 1.01%
CuEq from 4.3 m depth (Figure 7). These drillholes demonstrate continuity of grade with
mineralization from surface of bedrock to depth within the Williams deposit.
Highlights from this release include:
• HW-25-008 (Williams): 889.35 m of 0.47% CuEq from 3.65 m
o Including 40.15 m at 1.16% CuEq from 287.95 m
• HW25-010 (Williams): 721.7 m of 0.46% CuEq from 4.3 m
o Including 78.7 m of 1.01% CuEq from 4.3 m
o Including 47.55 m of 1.12% CuEq from 273.0 m
“The Williams drilling continues to demonstrate a well -mineralized porphyry system with copper -
gold mineralization extending from surface over long intervals, ” said Dustin Perry, CEO of Kingfisher.
“While Williams is interpreted as a satellite to a larger porphyry system at Hank, the presence of
bornite and localized higher -grade intervals highlights the fertility of the broader system. These
results provide geological context for the Hank porphyry system identified in the final hole of the
program (HW-25-011), with results expected to be released in the near term. ”
1 True widths of the reported mineralized interval have not been determined.
2 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 0.91 43) + (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.
Table 1. Drill Results from this Release.
Hole No. From (m) To (m) Interval (m)1 Cu (%) Au (g/t) Ag (g/t) CuEq (%)2 AuEq (g/t)2
HW-25-008 3.65 893.0 889.35 0.21 0.22 1.5 0.47 0.43
incl. 287.95 328.10 40.15 0.46 0.62 2.5 1.16 1.06
HW-25-009 49.3 322.0 272.7 0.11 0.15 4.0 0.31 0.29
HW-25-010 4.3 726.0 721.7 0.22 0.21 1.3 0.46 0.42
incl. 4.3 83.0 78.7 0.43 0.50 3.0 1.01 0.93
incl. 273.0 320.55 47.55 0.49 0.56 1.9 1.12 1.03
Figure 1: Plan View Historical and 2025 Drillhole Locations
Figure 2: Plan view of Williams Drilling
HW-25-008 Summary
This hole was designed to cross quartz stockwork veins with chalcopyrite +/- bornite mineralization
observed at surface and test the strike and depth extent of the Willi ams porphyry to the northeast.
Hole HW-25-008 intersected mineralization at surface below cover until end of hole, returning 889.35
m of 0.21% Cu, 0.22 g/t Au and 1.5 g/t Ag (0.47% CuEq). This included a higher-grade interval of
40.15 m with 1.16% CuEq from 287.95 m downhole (Figure 4). The alteration associated with the
mineralization observed is:
• 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 downhole - 0.68 % Cu, 0.94 g/t Au, & 4.0 g/t Ag (1.75 % CuEq), (Bn = Bornite, Cpy =
Chalcopyrite) Potassic alteration with copper sulfide mineralization
Figure 4: Williams deposit section of HW-25-008.
HW-25-009 Summary
Hole HW-25-009 targeted the root area of the Williams deposit. The drill hole returned 272.7 m of
0.11% Cu, 0.15 g/t Au and 4.0 g/t Ag from 49.3 m . Mineralization observed is hosted within a
flanking alteration assemblage of K-feldspar-epidote-magnetite and high pyrite : chalcopyrite ratios.
This observation shows that this hole was drilled in the southeastern margin of the Williams deposit
and Kingfisher believes there is potential for additional mineralization to the west -northwest of this
hole, demonstrated by trends of mineralization observed in section view (Figure 5).
Figure 5: Annotated cross-section of drill hole HW-25-009
HW-25-010 Summary
Hole HW-25-010 collared on the same drill pad as HW-25-008. This hole was designed to test the
deeper domain boundaries of the porphyry system. Hole HW -25-010 accomplished this goal and
defined the eastern domain boundary and returning 721.7 m of 0.22% Cu, 0.21 g/t Au, and 1.3 g/t
Ag (0.46% CuEq) which includes 78.7 m of 1.01% CuEq and 47.55 m of 1.12% CuEq from 4.3 and
273.0 m respectively (Figure 7). The alteration associated with the mineralization observed is:
• 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 downhole - 1.19% Cu, 0.62 g/t Au, & 12.2 g/t Ag (2.00% CuEq), (Bn = Bornite, Cpy =
Chalcopyrite). Potassic alteration with copper sulfide mineralization
Figure 7: Annotated cross-section showing drill hole HW-25-010
HW-25-006 Update
Further to the release dated November 10, 2025 ( 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), multielement assay results from HW-25-006 has been received.
The new data updates the intersection to 241.0 m of 0.01% Cu, 0.28 g/t Au, and 0.4 g/t Ag (0.29 g/t
AuEq) including 110.0 m of 0.01% Cu, 0.47 g/t Au and 0.2 g/t Ag (0.49 g/t AuEq) . The values are
summarized in table 2 (below).
Pending Results
Kingfisher has now received assays for diamond drill hole HW -25-011, which are currently being
interpreted by the Company with an update to follow in due course. The Company is also waiting on