Kingfisher intercepts 38.50 g/t AuEq over 8.8 m at HWY 37

Vancouver, British Columbia--(Newsfile Corp. - September 21, 2026) - Kingfisher Metals Corp. (TSXV: KFR) (FSE: 9700) (OTCQX: KGFMF) (" Kingfisher " or the " Company" ) reports that HW-26-015 contained visible gold (Figure 1) and the assay returned 8.8 m of 20.33 g/t Au, 937.6 g/t Ag, 2.98% Cu, 11.08% Zn and 0.99% Pb (38.50 g/t AuEq (1) ) from 462.0 m, within a broader zone of 27 m grading 13.61 g/t AuEq (1) (7.33 g/t Au, 322.0 g/t Ag, 1.01% Cu, 4.05% Zn, 0.54% Pb) from 461.0 m to 488.0 m (3) (Table 1). HW-26-015 was designed to test the Hank porphyry Cu-Au target, first identified in drill hole HW-25-011 (2) , and intersected a high-grade polymetallic vein containing visible gold on the shoulder of porphyry-style mineralization (Figure 2).

This assay result is the first received this season and covers a single 27 m interval within HW-26-015. Standard multi-element assay results for the remainder of the hole are pending. To date this season, 13 diamond drill holes have been completed, and 4 are in progress, for a total of approximately 9,500 m across the Hank-Mary District.

Highlights from this release include:

Sub-intercept of 8.8 m of 38.50 g/t AuEq (1)

Visible gold observed within a high-grade polymetallic (Au-Ag-Cu-Zn-Pb) vein

Hydrothermal alteration, veins, and base metal mineralization continue below the reported intercept before transitioning into porphyry alteration and mineralization

Visually strongest mineralization (4) at the Hank Porphyry observed to date in HW-26-019

4th diamond drill added to the HWY 37 Project

Over 9,500 m drilled in 17 holes, including 4 holes in progress

Dustin Perry, CEO and President of the Company, states: "HW-26-015 has returned the best polymetallic intercept drilled to date on the HWY 37 Project with 8.8 meters of 38.50 g/t gold equivalent.

Serendipitously intersecting mineralization of this tenor