Kingfisher Metal Stock Price, News & Analysis

Kingfisher Metals (OTCQB:KGFMF) has provided an update on its 7,500-meter drill program at the HWY 37 Project in British Columbia's Golden Triangle. The company has successfully extended potassic alteration with chalcopyrite and bornite mineralization approximately 150 meters below historical drilling limits at the Williams area.

Key drilling highlights include HW-25-004, which intersected intense potassic alteration over 478 meters, with bornite identified from surface to a vertical depth of 680 meters. The program has focused on testing depth extensions of the Williams porphyry Cu-Au system and exploring porphyry Cu-Au targets at Upper and Lower Hank areas.

The company is also conducting additional exploration activities, including an airborne electromagnetic survey (65% completed), induced polarization geophysics, and a soil sampling program that has collected over 750 samples.

Kingfisher Metals (OTCQB:KGFMF) has commenced its 7,500-meter drill program at the HWY 37 Project, located in British Columbia's Golden Triangle. The project spans 849 km² and focuses on the Williams porphyry copper-gold system.

Two diamond drills are currently operational on site, with one targeting the western area beyond known mineralization limits, and the second exploring new potential discoveries across the valley with similar IP geophysical signatures. The company has completed camp construction, conducted necessary surveys, and built 4 drill pads, with additional pad construction ongoing.

Kingfisher Metals Corp. (KGFMF) has announced a comprehensive exploration program at its HWY 37 Project in British Columbia's Golden Triangle. The program includes 7,500 meters of diamond drilling, focusing on discovering porphyry copper-gold deposits. The exploration plan encompasses a 1,700-line kilometer airborne geophysical survey, 30-line kilometers of ground-based IP geophysics, 150 days of geological mapping, and over 1,500 geochemical samples. The program, supported by a recent $10.9 million financing, will primarily target the Hank-Williams area with two diamond drills arriving in June 2025. Historical drilling at Williams has shown promising results, including intercepts of 190 meters of 0.49% copper and 0.57 g/t gold. The project covers 849 km² and represents the largest exploration program ever conducted on the property.

Kingfisher Metals Corp. (KGFMF) has announced the grant of 2.2 million stock options to its directors, officers, employees, and consultants. The options have an exercise price of C$0.32 per share and will vest over a 12-month period. The options are valid for 5 years and are part of the company's strategy to retain key personnel and provide long-term performance incentives through its stock option plan.

Kingfisher Metals Corp (TSXV:KFR) has successfully closed a brokered private placement raising $10.9 million. The offering included 8.2 million NFT Units at $0.25 per unit and 21.3 million Premium Flow-Through Units at $0.415 per unit. Each unit includes one share and half a warrant, with warrants exercisable at $0.40 until June 2028. The company will use Premium FT Units proceeds for Canadian exploration expenses at its HWY 37 project in British Columbia, while NFT Units proceeds will fund exploration and working capital. Beacon Securities Limited acted as agent, receiving $423,292 in fees and 1.1 million compensation options. Company insiders participated by purchasing 400,000 NFT Units for $100,000.

Kingfisher Metals has appointed Ashwath Mehra as Chairman of its Advisory Board, bringing nearly 40 years of mining and metals expertise to the company. Mehra, a successful entrepreneur and senior executive, has an impressive track record in the industry, including key positions at Glencore International and MRI Trading AG.

Mehra's recent success includes founding and selling GT Gold to Newmont Corporation. He currently serves as lead-director of Collective Mining and CEO of ASTOR Group. His appointment comes as Kingfisher focuses on copper-gold exploration in British Columbia's Golden Triangle.

As an existing shareholder, Mehra expressed enthusiasm about Kingfisher's consolidated land package in the Golden Triangle. CEO Dustin Perry welcomed Mehra's addition, highlighting his valuable experience in mining, finance, and recent Golden Triangle success as beneficial for Kingfisher's ambition to become British Columbia's leading copper-gold exploration company.

Kingfisher Metals (TSXV:KFR, OTCQB:KGFMF) has announced significant changes to its board and management structure. Paul Gruner has been appointed as an independent, non-executive director effective February 28, 2025. Gruner brings extensive experience in Indigenous business leadership, having served as CEO of multiple Indigenous corporations including Det'on Cho Management LP and Tahltan Nation Development

In conjunction with this appointment, David Loretto is stepping down as President and director. CEO Dustin Perry will assume the additional role of President. The board now comprises Dustin Perry, Richard Trotman, Chris Beltgens, Giuseppe Perone, and Paul Gruner.

Gruner's appointment brings valuable expertise in strategic leadership, mergers and acquisitions, business development, and Indigenous relations to Kingfisher's operations in British Columbia's Golden Triangle region.

Kingfisher Metals Corp. (TSX-V:KFR, OTCQB:KGFMF) has completed the acquisition of the Hickman Project from Golden Ridge Resources The transaction involves issuing 256,410 Kingfisher common shares and granting a 2% net smelter return royalty (NSR) to Golden Ridge, with Kingfisher retaining the right to buy back 1% of the NSR for C$5,000,000.

The Hickman Project consists of two claims totaling 3,008 hectares adjacent to Kingfisher's HWY 37 Project in British Columbia's Golden Triangle. The acquisition expands the consolidated HWY 37 Project to 849 km². The project shows promising potential for Cu-Au porphyry systems, with recent rock sampling from 2019 yielding up to 5.3% Cu and 0.28 g/t Au at the undrilled Hickman Target, which spans 5 km and is located 6 km from the Schaft Creek deposit.

Kingfisher Metals Corp. (KGFMF) has signed a definitive agreement to acquire the Hickman Project from Golden Ridge Resources The project consists of two claims totaling 3,008 hectares and is located adjacent to Kingfisher's HWY 37 Project in Northwest British Columbia's Golden Triangle.

The Hickman Project shows high potential for Cu-Au porphyry systems and features an undrilled copper-gold geochemical anomaly at the Hickman Target, with recent rock sampling results showing up to 5.3% Cu and 0.28 g/t Au. The acquisition will expand the consolidated HWY 37 Project to 849 km².

Under the agreement terms, Kingfisher will issue shares valued at C$50,000 at C$0.195 per share and grant a 2% NSR to Golden Ridge, with an option to buy back 1% for C$5,000,000. The transaction is pending TSX Venture Exchange approval.