Kingfisher Metals Corp. (Kingfisher or the Company) announced initial drill results from the 100% owned 511 km2 Goldrange Project. Goldrange is located approximately 25 km south of the town of Tatla Lake in the Chilcotin region of Southwest British Columbia.

Highlights 2.86 g/t Au over 40 m including 5.56 g/t Au over 9 m, 5.05 g/t Au over 6 m, and 19.91 g/t Au over 1 m in hole GR22-018 58.88 g/t Au over 1 m in hole GR22-019, 19.54 g/t Au over 2 m in hole GR22-016, 10.39 g/t Au over 1 m in hole GR22-017, and 9.55 g/t Au over 2 m in hole GR22-020 Across the Cloud Drifter Trend, drilling has intersected quartz-sulfide vein and breccia at the Pad 400, West, and East Cloud Drifter target areas, as well as the Langara Zone. Exploration Update: A total of 27 diamond drill holes, over 7,089 m, have been completed in the Cloud Drifter Trend. In addition to the six drill holes included in this release, an additional two drill holes were completed at the Pad 400 Target Area bringing that total to 1,626 m. Drilling at the Western Target Area included 5 holes over 1,884 meters and drilling at the Eastern Target Area included ten holes over 1,986 meters.

Drilling is currently ongoing at the Pad 400 Target Area. Four drill holes at the Langara Zone have been completed over 1,594 m. Rotary Air Blast (RAB) drill results from the Langara and Day Trip zones are pending. Deep penetrating induced polarization (IP) geophysical surveys were completed at the Eastern Target Area at the Cloud Drifter Zone as well as at the Day Trip Zone.

These surveys expand both the lateral and depth extents from previous survey coverage. Geophysical and RAB drill results will be released once final data is received. Quality Assurance/Quality Control (QAQC): All drillholes in this release are NQ sized (47.6 mm diameter).

A continuous series of one-metre-long half-split core samples was taken down the entire length of each drill hole. Sample lengths were reduced to a minimum of half a meter to avoid crossing lithologic contacts or other features deemed important by Kingfisher geologists. Unlabelled certified reference materials (CRM) were inserted systematically throughout the sample sequence along with blanks and duplicate samples.

In addition to the systematic insertion of duplicates, duplicates were also collected from conspicuously mineralized samples. Half-split core samples for duplicates were further split into quarter core samples before submission for analysis. Upon receipt of duplicate analyses, the results from each of the quarter cores were averaged before integration into the assay database.

The total number of blanks, duplicates and CRM samples equals approximately 5% of the total samples taken. Core samples were shipped to MSALABS, located in Langley, British Columbia for preparation and analysis. MSALABS is an ISO17025 and ISO9001 accredited laboratory and is independent of Kingfisher Metals and its Qualified Person.

Samples were prepped using the SPL430, CRU-220 and analyzed for 48 major and trace elements with ICP-MS after a four-acid digestion (method code IMS-230). Following sample preparation, a 500 g split from each sample was sent to MSALABS Val-D'Or location for Au analysis using Chrysos PhotonAssay (method code CPA-Au1). Selected samples were also subjected to Au fire assay and gravimetric check assays.

A 30 g split from each check assay sample was analyzed for Au using a lead collection fire assay fusion that was digested and analyzed using AA (method code FAS-111). A 30g split from the check assay samples that assayed >10 ppm Au was analyzed using a lead collection fire assay fusion with a gravimetric finish (method code FAS-415).