Kingfisher deploys second diamond drill at HWY 37 project targeting Hank porphyry

Drill 2 of 3 now on Site; Third Rig Scheduled to Arrive July 1 Vancouver, British Columbia--(Newsfile Corp. - June 25, 2026) - Kingfisher Metals Corp. (TSXV: KFR) (FSE: 9700) (OTCQB: KGFMF) ( "Kingfisher" or the "Company" ) announces that the second of three diamond drills has arrived on site at the HWY 37 Project, located within the Golden Triangle of British Columbia. The second drill will collar in the Hank Porphyry Target area, complementing the first drill, which is currently extending drill hole HW-25-011. 1 The fully funded 2026 program comprises 15,000 m of diamond drilling at the Hank-Mary District. The program is designed to delineate porphyry Cu-Au mineralization observed in discovery hole HW-25-011, test shallow epithermal Au-Ag mineralization as well as new discovery targets.

The third diamond drill is on track to arrive to site July 1. Dustin Perry, CEO, states: "The arrival of the second drill on site brings us closer to our full three-rig program at the Hank-Mary District. With drilling at the Hank Porphyry Discovery commencing last week and the second drill mobilizing now, our 2026 program is on schedule." 2026 Drill Program Update The first diamond drill has re-entered the 2025 Hank Porphyry discovery hole (HW-25-011) with the goal of extending mineralization beyond the previously reported intercept of 425 m of 0.15% Cu, 0.21 g/t Au, and 2.2 g/t Ag (0.40% CuEq). 1,2,3 The original intercept bottoms in increasing Cu grades at 959 m depth where potassic alteration is identified and becoming more prevalent. 2026 Field Program Underway Reconnaissance prospecting and regional stream sediment sampling are scheduled to begin shortly across the HWY 37 Project, with geological mapping and soil sampling scheduled to begin during the second week of July.

Ground IP geophysics and the airborne Mobile Magnetotelluric (MMT) and magnetic surveys remain on track to commence around mid-July. Qualified Person Technical aspects of this news release have been reviewed, verified, and approved by Tyler Caswell, P.Geo., Vice President, Exploration, of Kingfisher, who is a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Caswell is not independent of the Company.

Market Making Services The Company has engaged the services of ICP Securities Inc. (" ICP ") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of June 25, 2026, and is for four (4) months (the " Initial Term ") and shall be automatically renewed for subsequent one (1) month terms (each month called an " Additional Term ") unless either party provides at least thirty (30) days' written notice prior to the end of the Initial Term or an Additional Term, as applicable.

There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future. ICP is an arm's-length party to the Company.