Welcome to our dedicated page for Kingfisher Metal news (Ticker: KGFMF), a resource for investors and traders seeking the latest updates and insights on Kingfisher Metal stock.
Kingfisher Metals Corp. reports exploration and corporate developments for a Canadian mineral explorer focused on copper-gold systems in British Columbia's Golden Triangle. The company's project base includes the 933 km² HWY 37 Project and the 202 km² Forrest Kerr Project, along with two wholly owned district-scale orogenic gold projects in British Columbia.
Recurring news for Kingfisher Metals includes diamond drilling programs, porphyry copper-gold target definition, geophysical surveys, geochronology results, and updates from the Hank-Mary district and Hank discovery area. Company releases also cover exploration financing, bought deal private placements, board appointments, and governance topics tied to Indigenous engagement, environmental assessment, permitting, and resource-sector regulation.
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.
Kingfisher Metals Corp. has released promising initial drill results from its Goldrange Project in British Columbia. Highlights include 2.86 g/t Au over 40 m and 58.88 g/t Au over 1 m. The drilling program targets structural corridors within the Cloud Drifter Trend, with ongoing work showing the robust gold system present. A total of 27 drill holes have been completed, with additional results pending, indicating continued exploration potential.
Kingfisher Metals Corp. (OTCQB:KGFMF) has announced significant progress in diamond drilling at its Goldrange Project in British Columbia. A total of 11 drill holes covering 2,427 meters have been completed, revealing various mineralization types across multiple target areas. Notably, the Eastern Target Area showed promising mineral grades up to 9.7 g/t Au, while the Pad 400 Target Area confirmed high-density quartz-sulfide veins. Management expresses optimism regarding upcoming assays and future drilling plans to explore these areas further.
Kingfisher Metals Corp. reported on July 12, 2022, the completion of 27 rotary air blast (RAB) drill holes at its 100% owned Goldrange Project in British Columbia, totaling 1,417.32 meters. The Day Trip Zone, located 5 km southeast of the Cloud Drifter Trend, showed promising signs of a significant hydrothermal system. Initial analyses highlighted a prospective area of approximately 275 m x 120 m, with samples submitted for gold analysis expected soon. CEO Dustin Perry stated that the findings suggest a larger hydrothermal footprint than previously anticipated.
Kingfisher Metals Corp. (OTCQB:KGFMF) has initiated a diamond drilling program at its 511 km2 Goldrange Project in British Columbia. The program includes up to 10,000 meters of drilling targeting high-grade gold zones, particularly in the Cloud Drifter Zone, where previous intercepts reached 73.4 g/t Au. The company plans to explore multiple target areas, including Day Trip, Langara, and Standard zones. Additionally, 2 million stock options were granted to enhance talent retention. CEO Dustin Perry emphasizes the exploration's potential for high-grade gold resources.
Kingfisher Metals Corp. has successfully closed its upsized private placement financing, securing approximately C$4.85 million from the issuance of 15.25 million charity flow-through units at C$0.28 each and 2.43 million flow-through units at C$0.24 each. The funds raised will support general exploration expenditures at the Goldrange Project in British Columbia. CEO Dustin Perry expressed satisfaction with the financing outcome as the company prepares for its 2022 drilling program. Notably, both CEO Perry and Alejandro Gubbins Cox participated in the offering, which qualified as a related party transaction.