Kingfisher Metals
Primary ticker: TSXV:KFR, OTCQB:KGFMF, FSE:970
Stage of development: Exploration
Primary minerals: Gold, Copper
Project to promote: Goldrange
Project location: British Columbia, Canada
Website: www.kingfishermetals.com
Kingfisher Metals is focused on high-grade gold discoveries at its 100% owned Goldrange project which encompasses 511km2 in British Columbia, Canada. In June, the company started a diamond drill program of up to 10,000 metres, which includes follow-up and drill testing of targets at the Cloud Drifter zone, as well as work at the Day Trip and Langara zones.
In 2021, Kingfisher completed the first ever drill program (~5000m) at Goldrange, which returned 73.4 g/t Au over 1 m and 6.88 g/t Au over 9 m.
Cash: CAD$7.85M
Debt: NIL
Major shareholders:
Alejandro Gubbins
Crescat Capital
Commodity Capital
Dustin Perry
David Loretto
Management Ownership – 27.5%
Financials
Management Profile
Dustin Perry – CEO, Director, Founder, QP
Dustin Perry, CEO is an exploration geologist with 15 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?
August 2022: Diamond drilling at the Cloud Drifter zone at Goldrange intercepts altered and mineralized quartz diorite.
July/August 2022: Portable X-Ray Fluorescence (pXRF) analysis of RAB drill cuttings from the Langara and Day Trip zones at Goldrange suggests multi-element anomalism.
June 2022: Start of a diamond drill program, of up to 10,000 metres, targeting the Cloud Drifter, Day Trip and Langara zones at Goldrange.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Release results from 2022 drill program.
6 Months:
Assess 2022 results and plan 2023 summer drill program, increase investor awareness.
12 Months:
Execute another successful drill program (Summer 2023) which will likely be focused on additional drilling at Cloud Drifter and Day Trip, following up on additional discoveries, and targeting new zones which will be defined by 2022 results.
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?
Current valuation is low for a company with 100% ownership of highly prospective mineral rights (911km2) in British Columbia. Incipient discovery at district-scale Goldrange Project. Very strong institutional ownership with minimal retail float (~20%).
What are the top 3 key investor takeaways?
1) Highly prospective 100% owned projects with a very strong record of continued exploration success since inception and excellent discovery potential remaining.
2) Highly skilled technical team with advisors including recent “Prospector of the Year” Charlie Greig (GT Gold).
3) Strong institutional ownership including: Commodity Capital, EMX Royalty Corp, Crescat Capital, and Plethora Precious Metals.