Kingfisher Metals Corp. announce updates on rotary air blast drilling at 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.

Six RAB drill holes have been completed at the Langara Zone, located in the eastern Cloud Drifter Trend. Portable X-Ray Fluorescence analysis has delineated multi-element anomalism in all holes drilled from one pad to target a historical adit. Visual chip logs identified sulfide minerals and quartz veins typical of gold mineralization style observed on surface in all drill holes to date.

GRR22-033 intercepted the historical Langara adit at 9.14 m and visual chip logs identified geology typical of rocks from adit dump pile. Samples have been submitted for gold analysis at MSALABS' Chrysos PhotonAssayTM for analysis and check fire assays with initial results expected in the coming weeks. Kingfisher commenced the first-ever drill program at the Langara Zone with a RAB drill rig in July 2022.

The initial six holes were drilled from a single pad located adjacent to a historical adit from the 1930s. Drilling was completed to test the geometry of near surface mineralization including the talus obscured adit. The historical working is centered on an interference zone between northwest and east trending veins.

Drill cuttings were analyzed using an Olympus Vanta Handheld XRF instrument for multiple elements. All RAB holes intercepted anomalous intervals of pathfinder elements consistent with Au-related pathfinder enrichments observed in surface geochemical samples previously collected at the Langara Zone. The Langara Adit and surrounding quartz-hosted mineralization is defined by surface grades up to 60.4 g/t Au and 1500 g/t Ag from grab samples.

Dump samples from the Langara Adit grade up to 14.4 g/t Au and are associated with arsenopyrite, chalcopyrite, sphalerite, boulangerite, and Bi- and Te-bearing minerals. The sulfide minerals identified in RAB holes are comparable to gold-bearing rocks observed at surface. Hole GRR22-033 intercepted quartz and sulfide vein material from surface to 9.14 m, where the historical adit was intersected.

The precise location of historical mining obtained from hole GRR22-033 provides the key data required to plan for diamond drilling. A diamond drill pad will be built near the top of the slope at the Langara Zone within the coming weeks. Drilling from this pad will test the depth potential of the Langara adit ore shoot.

RAB drill holes at the Goldrange Project are NWJ sized . Samples are collected continuously from surface from each 5 ft rod length. Collected sample material is put through a 1:8 riffle splitter, with the smaller portion of the sample bagged to be sent to the lab for Au Chrysos PhotonAssayTM and Au Fire Assay checks.

From the riffle splitter reject 500 grams of material are collected for pXRF analysis. The pXRF samples are returned to camp where they are dried prior to analysis. Once dry 15 ml of it is packed in a plastic XRF sample cup lined with prolene thin film.

Care is taken to ensure that no material larger than 2 mm in diameter is packed into the sample cup. Once the sample cups have been packed, they are analyzed with an Olympus Vanta Handheld pXRF . Each sample is analyzed twice, adjusting the position of the sample on the pXRF detector between analyses.

The two analyses are averaged to give a final result. Between each sample, the pXRF workstation is cleaned with pressurized air and paper towel. Certified reference materials and blanks are inserted into the sample sequence every 20th sample.

Kingfisher is using RAB drills as a cost effective and efficient first pass exploration tool. The RAB is a heli- portable, track mounted drill that can drill a wide range of dips to depths of up to 100 m. Rock cuttings from the drill hammer are returned to surface between the outside of the rods and the open hole. Under certain conditions, cross contamination between samples is a concern.

The assay results from the RAB drill provide a strong indication of the grade and thickness of gold intercepted in a given hole. Kingfisher intends to follow up encouraging RAB assay results with a diamond drill to fully quantify the grade and thickness of these mineralized intercepts.