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Kingfisher Drills Broad Intervals of Near Surface Intrusive Hosted Mineralization at Cloud Drifter

VANCOUVER, BC / ACCESSWIRE / August 17, 2022 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(O...

articleKingfisher Metals CorpAugust 17, 20225/company/kingfisher-metals-corp/news/kingfisher-drills-broad-intervals-of-near-surface-intrusive-hosted-mineralization-at-cloud-drifter
Kingfisher Drills Broad Intervals of Near Surface Intrusive Hosted Mineralization at Cloud Drifter

About this update from Kingfisher Metals Corp

[{"type":"text","content":"Kingfisher Drills Broad Intervals of Near Surface Intrusive Hosted Mineralization at Cloud DrifterVANCOUVER, BC / ACCESSWIRE / August 17, 2022 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) (\"Kingfisher\" or the \"Company\") is pleased to announce updates on diamond 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.Highlights11 diamond drill holes (2427 m) have been completed at the Cloud Drifter Zone so far this season.Intervals of vein, breccia, and disseminated sulfide mineralization intercepted in all drill holes over ~850 m east-west extent.Drilling at the Eastern Target Area intersected up to ~35 m of strongly altered and mineralized quartz diorite below an outcrop that grades up to 9.7 g/t Au.Drilling at the Pad 400 Target Area intersected multiple areas of strongly altered quartz diorite with breccia and vein hosted mineralization.At the Western Target Area, drilling intercepted structurally controlled quartz-sulfide veins, breccias, and disseminated sulfide mineralization beneath the highest multi-element soil geochemical anomaly in the Cloud Drifter Zone.Dustin Perry, CEO states \"Drilling at the Cloud Drifter Zone is off to a great start with zones of mineralization in all drill holes to date which significantly expands the footprint of the mineralized system. We continue to see a wide variety of mineralization styles across a broad area proving the robust nature of this gold system. The drill will be moving back to the Eastern Target Area shortly where we will begin drilling step out holes from the promising mineralization in GR22-022. We anticipate that our upcoming diamond drill assays will guide follow-up drilling of these target areas.\"The Goldrange Project covers a significant deformation zone with numerous precious metal veins across the project. Mineralization at Goldrange occurs within the orogenic Yalakom Gold Belt, which is host to the Bridge River District that includes the past producing Bralorne Mine. Several areas of historical hand mining are located within the project and date back to the 1930s.Diamond Drilling UpdateDiamond drilling at the Cloud Drifter Zone has been completed over 11 holes totalling 2427 m (Table 1). Figure 1 outlines the drilling progress ...

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