Kingfisher Metal Stock Price, News & Analysis

Kingfisher Metals Corp. has entered into two option agreements as of March 6, 2023, to consolidate a 362 km² copper-gold project in the Golden Triangle region of NW British Columbia. The agreements provide Kingfisher with options to earn 100% of both the Ball Creek East Project and the Hank Project, now referred to as the HWY 37 Project. Significant mineral deposits such as Mary Cu-Au and Williams Cu-Au Porphyry are present, with historical drilling revealing multiple open-ended deposits. The HWY 37 Project benefits from close proximity to infrastructure, enhancing future development potential. Kingfisher aims to commence exploration soon.

Kingfisher Metals Corp. (KGFMF) announced promising drill results from its 100% owned Goldrange Project in British Columbia, revealing significant near-surface gold mineralization. Notable highlights include: 1.93 g/t Au over 25 m from 32 m depth and high-grade intercepts of 15.17 g/t Au and 10.49 g/t Au over 1 m. Additionally, polymetallic sulfide breccia was discovered, returning 7.41 g/t Au, along with silver, copper, lead, and zinc. The project showcases hydrothermal gold systems with extensive mineralization potential across the Yalakom Gold Belt. CEO Dustin Perry emphasized the identification of high-priority drill targets from an IP survey, indicating further exploration potential.

Kingfisher Metals Corp. has released promising drill results from its 100% owned Goldrange Project, located in British Columbia. Highlights include a peak yield of 4.4 g/t Au over 2 m in the Western Target Area, with further drilling indicating high-grade gold mineralization trending toward the Pad 400 Target Area. The 2022 drill program involved 29 diamond drill holes totaling 7,545 meters across various target areas. Results are pending from several additional holes, maintaining investor interest in potential high-grade gold deposits in this underexplored region.

Kingfisher Metals Corp. held its annual general meeting (AGM) on December 15, 2022, in Vancouver. Shareholders successfully voted to elect all five director nominees from the management circular dated November 17, 2022. Election results showed high approval rates, with the highest at 99.97% for Chris Beltgens. De Visser Gray LLP was reappointed as the auditor, and a stock option plan was approved with 99.95% support. The company, focused on exploration in British Columbia, currently has 103,057,272 shares outstanding.

On November 9, 2022, Kingfisher Metals Corp. announced promising results from rotary air blast drilling and geophysical surveys at its 511 km2 Goldrange Project in British Columbia. Highlights include significant gold intercepts, such as 2.7 g/t Au over 4.6 m and a notable discovery of high-grade gold at 49.8 g/t Au in nearby outcrops. The geophysical survey revealed multiple conductive and chargeability anomalies, indicating potential large gold systems. CEO Dustin Perry noted the open-ended nature of gold anomalism and the need for further exploration.