Newly listed Kingfisher Metals is an exploration company focused on 100% owned Copper and Gold in British Columbia. The company was founded in 2019 and has 3 high prospectivity projects focused on orogenic Gold and volcanic massive sulphide deposits on Copper and Gold. These are large projects which have the potential for multiple discoveries. 

The Ecstall Project is located at tidewater and 60km from the resource town of Kitimat. This project covers the majority of the highly prospective and underexplored Ecstall Greenstone Belt. Historic data compilation and a property-wide VTEM survey have outlined over 40 Cu-Au VMS targets.

The Goldrange Project is located along the same crustal-scale fault network as the Bralorne Mine (Talisker/Osisko). The project covers a significant deformation zone with highly anomalous Au-As signatures in historic rock, stream, and soil sampling. The project contains numerous zones of high-grade gold mineralization.

The Thibert Project straddles the crustal-scale Thibert fault for 25km. The project covers a significant deformation zone with widespread silica-fuchsite alteration, common to orogenic systems. The project is located adjacent to Highway 37 and covers a past and currently producing placer camp with historic production of ~200,000 oz Au.

Kingfisher Metals has extensive experience in early-stage exploration in British Columbia which is a safe and predictable jurisdiction for exploration and mining. The company has $6M in the bank and with exploration at the Goldrange property being the main priority, plans to spend about $4M on a substantial drilling programme at the project. Kingfisher Metals carried out extensive field work at the Goldrange project last summer and this is where they will spend the bulk of their capital. They are also moving forward with the Ecstall project but will take things slower there and they need to start their first programme to collect baseline data at The Thibert project.

The Goldrange project is in a good jurisdiction, close to infrastructure and has historical data, but is underexplored due to limited work programmes in the past and hasn’t had any drilling. Kingfisher Metals has found Gold anomalies on the property and now need to produce some good results to show to the market. The field programme at Goldrange will start in early May with drilling planned to start on July 1st. They have the contractors lined up ready to go and are in the final stages of permitting now.

Drill results should be coming out from Goldrange in early September but there will be plenty of data and news flow coming from the field before then as they need to show some success and get the story out to the market. 

Company Page: https://kingfishermetals.com/

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