Kingfisher Metals
Primary ticker: TSXV:KFR, OTCQB:KGFMF, FSE:970
Stage of development: Exploration
Primary minerals: Gold, Copper
Project to promote: HWY 37
Project location: British Columbia, Canada
Website: www.kingfishermetals.com
Kingfisher Metals is a Canadian based exploration company focused on underexplored district-scale projects in British Columbia. Kingfisher controls 630km2 of highly prospective ground adjacent to highway and power in the Golden Triangle. Historical exploration on the project outlined one of the most significant porphyry-epithermal trends within the Golden Triangle that has returned grades in line with operating mines in the region. The Company spent 2023-2024 consolidation the property and generating drill targets with the plan to complete a significant program in 2025.
Additionally, the company controls the Goldrange (511km2) and Thibert (130 km2) projects that host orogenic high-grade gold. Kingfisher made a grassroots discovery at Goldrange over 2021-2022 that returned highlight intercepts up to 73 g/t Au over 1 m and 2.8 g/t Au over 40 m. There are no holding costs at Goldrange and the property is in good standing until 2033.
Cash: ~CAD $1M with C$2.8M flow through private placement closed Aug 3
Debt: NIL
Major shareholders:
Alejandro Gubbins
Crescat Capital
Commodity Capital
Plethora Precious Metals
Lowell Resource Fund
Dustin Perry (CEO)
Financials
Management Profile
Dustin Perry – CEO, Director, Founder, QP
Dustin Perry, CEO is an exploration geologist with 17 years of exploration experience across 50+ projects in British Columbia. In 2013 he founded an exploration consultancy providing services to the mining sector. He founded Kingfisher Metals in 2019.
What is your rationale for taking part in 121 Mining Investment?
Meeting potential new investors and corporates.
What recent news would you like to highlight to investors attending?
March 2023: two option agreements to consolidate the 362 km2 copper-gold HWY37 project in the Golden Triangle region of NW British Columbia (Ball Creek East and Hank)
August 2023: Closing of C$2.8M flow-through private placement
August 2023: Start of 2,500m diamond drill program at HWY37
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete 2,500m initial diamond drill program at HWY 37
6 Months:
Release initial results from 2,500m HWY 37 drill program, plan 2024 summer drill program, increase investor awareness.
12 Months:
Execute another drill program (Summer 2024)
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Inherent exploration risks: methodical and staged exploration process with highly skilled technical team and advisory board.
What do you think makes your company such a compelling investment?
Projects: Portfolio of district-scale projects across prospective regions of British Columbia, including the Golden Triangle
Location: Located in mining friendly British Columbia
Experienced and Discovery Driven Exploration Team with Decades of experience in British Columbia
What are the top 3 key investor takeaways?
1. One of the largest junior held contiguous land positions in the prolific Golden Triangle, British Columbia with drill ready targets for KSM-Red Chris-Brucejack analogues.
2. Historical drill results including 347 m of 0.33% Cu and 0.39 g/t Au (open) as well as 20 m of 11.63 g/t Au.
3. Strong technical team supported by unusually high levels of institutional ownership (Commodity Capital, Crescat Capital, Plethora Precious Metals, Accent Capital, Incomet Capital, and Lowell Resource Fund).