Business
Kingfisher Reports Shallow Drilling Intersects 73.40 g/t Gold over 1 m at Cloud Drifter Discovery
VANCOUVER, BC / ACCESSWIRE / February 1, 2022 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(...

About this update from Kingfisher Metals Corp
[{"type":"text","content":"Kingfisher Reports Shallow Drilling Intersects 73.40 g/t Gold over 1 m at Cloud Drifter DiscoveryVANCOUVER, BC / ACCESSWIRE / February 1, 2022 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) (\"Kingfisher\" or the \"Company\") announces assay results from three additional holes from its initial 14-hole (4925.3 m) drill program on the Goldrange Project. Assay results for seven remaining drill holes are pending. Goldrange is located approximately 25 km south of the town of Tatla Lake in the Chilcotin region of Southwest British Columbia.HighlightsDiscovery of a high-grade vein and breccia intercept with 2 m of 37.82 g/t Au, 20.0 g/t Ag, and 0.16% Cu including 1 m of 73.40 g/t Au, 39.50 g/t Ag, and 0.29% in hole GR21-014 located 68 m below surface (Table 1).Shallow drilling has revealed broad zones of near-surface mineralization over significant widths, such as 0.76 g/t Au over 8 m in hole GR21-012 and 0.36 g/t Au over 17 m in hole GR21-013.Initial drilling at the Cloud Drifter Trend has now confirmed multiple intercepts of open-ended gold mineralization throughout the 550 m of vertical extent that was partially tested in 2021. Approximately 90% of the ~3 km Cloud Drifter Trend remains untested by drilling.Drill core from the previously released intercept of 6.88 g/t Au over 9 m (GR21-007) as well as two other visually significant intercepts from GR21-009 and GR21-010 (pending assays) will be on display at the AMEBC Roundup conference in Vancouver, BC on Feb 2-3. Drill core photos of these intercepts are included within this release.Dustin Perry, CEO of Kingfisher states \"The headline intercept in GR21-014 demonstrates the potential for very high-grade gold mineralization within the Cloud Drifter Trend. The high-grade gold intercepts in GR21-014 and GR21-007 (see November 16, 2021 press release) are located at low relative elevations and are close to surface, 68 m and 140 m respectively. These shallow targets are part of an emerging trend of high-grade gold mineralization hosted in lower quartz diorite intrusions. Prospecting in 2020 identified several areas of disseminated and stockwork mineralized quartz diorite that grade up to 9 g/t Au. Seeing these styles of mineralization on trend and up to 500 m away from these high-grade drill intercepts has our exploration team excited as we move towards the 2022 drill program....