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Kingfisher Receives Drill Permit and Provides Corporate Update
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANC...
About this update from Kingfisher Metals Corp
[{"type":"text","content":"Kingfisher Receives Drill Permit and Provides Corporate UpdateNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Kingfisher Metals Corp. (TSXV:KFR)(FRA:970) (\"Kingfisher\" or the \"Company\") is pleased to announce its plans for the 2021 exploration season on its three 100% owned projects in British Columbia.The Company has been informed that its Notice of Work Application for a 5-year drill permit at its Goldrange Project in southwest British Columbia has been approved. The Goldrange Project is located approximately 25km south of the town of Tatla Lake with logging road access to the north end of the 367km2 project.The multiyear area based (MYAB) permit for the Goldrange Project includes diamond drilling from 20 drill pads and induced polarization (IP) geophysical surveys in year one.The proposed exploration program at the Goldrange Project will include 5000m of diamond drilling, IP surveys, and detailed regional exploration across the 367km2 project. The Company has contracted Omineca Diamond Drilling to complete the drill program which will begin in early July with the proposed program totalling ~$3.3 million. Camp construction, regional field work, and IP geophysics are expected to commence in May.The 284km2 Ecstall Project is located at tidewater, 60km northwest of the resource town of Kitimat, B.C. The Company will undertake a property-wide LiDAR survey in addition to detailed gravity geophysical surveys over high-priority Cu-Au VMS targets in preparation for drilling in 2022. The proposed program totals ~$0.4 million and is expected to commence in mid-July.The 124km2 Thibert Project is located 40km north of Dease Lake, B.C. The project covers 25km of strike length of the crustal-scale Teslin-Thibert Fault where approximately 200,000 oz of placer gold has been produced. The Company has contracted Precision GeoSurveys to complete property-wide airborne magnetics and radiometrics at Thibert. Additionally, detailed stream-sediment sampling will be completed across the project area aimed at refining orogenic gold targets for more advanced exploration in 2022. The proposed program totals ~$0.3 million and is expected to commence in June or July.\"2021 is going to be a very exciting year for Kingfisher as we advance all three of our 100% owned projects....