Kingfisher Metal Stock Price, News & Analysis

Kingfisher Metals Corp. (OTCQB:KGFMF) has initiated a 35-day rotary air blast (RAB) drilling program at its Goldrange Project in British Columbia. The program targets the Day Trip, Langara, and Standard zones, where previous samples indicated significant gold, silver, and copper grades. Highlights include potential high-grade areas with gold values reaching 20.1 g/t. The company aims to utilize RAB drilling as a cost-effective method before proceeding to diamond drilling, planned to start in mid-June 2022.

Kingfisher Metals Corp. has announced an upsized non-brokered private placement, increasing gross proceeds from C$3 million to C$4.9 million due to strong investor demand. The offering, which includes charity flow-through units priced at C$0.28 and flow-through units at C$0.24, will issue up to 17,891,671 units. Proceeds will fund general exploration expenditures qualifying as Canadian exploration expenses. The closing is expected on or about June 7, 2022, pending TSX Venture Exchange approval.

Kingfisher Metals Corp. announced a non-brokered private placement to raise up to C$3 million through the sale of charity flow-through units at C$0.28 each and flow-through units at C$0.24 each. Each unit consists of one flow-through common share and half a non-flow-through common share purchase warrant, exercisable at C$0.35 for 24 months. The proceeds will be allocated to general exploration expenditures qualifying as Canadian exploration expenses. The offering, subject to regulatory approval, is expected to close around May 19, 2022.

Kingfisher Metals Corp. announced promising results from its Goldrange Project in British Columbia. Highlights include bonanza gold grades from two areas—Lotus and Lost Fiddle—with rock chip samples at Lotus returning up to 113.9 g/t Au and Lost Fiddle showing grades of 17.1 g/t Au, 431 g/t Ag, and 4.12% Cu. The project exhibits significant potential for future discoveries, with sampling revealing mineralization that remains open laterally and at depth. The company plans to amend its permit to facilitate further exploration efforts.

Kingfisher Metals Corp. announced assay results from the Langara Zone within the Goldrange Project, expanding the mineralized footprint to over 400 x 600 m and over 360 m vertical extent. Significant findings include high-grade gold mineralization, with rock chips grading up to 60.4 g/t Au and 38.6 g/t Au over a 1 m backpack drill. The Langara Zone will undergo drill testing in May to June 2022, targeting subsurface extensions of identified mineralization.

Kingfisher Metals Corp. (OTCQB: KGFMF) released assay results from seven drill holes of its 14-hole program on the Goldrange Project. The drilling revealed high-grade intersections, including 2 m of 18.69 g/t Au and 35.0 g/t Ag. The Cloud Drifter Trend shows potential with less than 10% drilled and mineralization over 550 m of vertical extent. The 2022 drilling will focus on high-grade structures and additional targets. A drill contract is in place for the anticipated mid-May 2022 campaign, aimed at expanding the gold system identified.

Kingfisher Metals Corp. (KGFMF) reported successful assay results from its Goldrange Project drilling program, highlighting the discovery of a high-grade gold vein intersecting 73.40 g/t Au over 1 meter in hole GR21-014. The ongoing 14-hole (4925.3 m) drilling indicates broad near-surface mineralization, with significant results pending for the remaining holes. Approximately 90% of the Cloud Drifter Trend remains untested, sparking optimism for further gold discoveries. The company plans to showcase drill core at the upcoming AMEBC Roundup conference, which may attract investor interest.

Kingfisher Metals Corp. announces promising results from the first four drill holes of its 2021 program at the Goldrange Project, located in British Columbia. Notable findings include 6.88 g/t Au, 13.6 g/t Ag, and 0.28% Cu over 9 m in hole GR21-007. Additional results show 14.80 g/t Au over 1 m and significant broader intervals such as 0.90 g/t Au over 12 m. The initial data confirms the presence of a gold system, with ongoing drilling targeting extensive mineralization. CEO Dustin Perry expresses optimism about the project's potential for a high-grade gold camp.