Kingfisher Metals Reports 889.35 meters of 0.47% CuEq and 721.7 meters of 0.46% CuEq from surface at Williams, HWY 37 Project, Golden Triangle, British Columbia

VANCOUVER, BC / ACCESS Newswire / January 13, 2026 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce further results from the 2025 exploration and drilling program at the HWY 37 Project. The 933 km ² HWY 37 Project is located within the Golden Triangle, British Columbia.

Assay results have been received for an additional three diamond drill holes HW-25-008, -009, and -010. Diamond drill holes HW-25-008 and -010 returned some of the longest copper intercepts from within the Williams porphyry copper-gold system. HW-25-008 cut 889.35 m ¹ of 0.47% CuEq ² starting at surface below 3.65 m of cover to end of hole at 893 m (Figure 4) . Drillhole HW-25-010 returned 721.7 m of 0.46% CuEq starting below 4.3 m of cover which includes 78.7 m of 1.01% CuEq from 4.3 m depth (Figure 7). These drillholes demonstrate continuity of grade with mineralization from surface of bedrock to depth within the Williams deposit.

Highlights from this release include:

• HW-25-008 (Williams): 889.35 m of 0.47% CuEq from 3.65 m

  • Including 40.15 m at 1.16% CuEq from 287.95 m

• HW25-010 (Williams): 721.7 m of 0.46% CuEq from 4.3 m

  • Including 78.7 m of 1.01% CuEq from 4.3 m

  • Including 47.55 m of 1.12% CuEq from 273.0 m

"The Williams drilling continues to demonstrate a well-mineralized porphyry system with copper-gold mineralization extending from surface over long intervals," said Dustin Perry, CEO of Kingfisher. "While Williams is interpreted as a satellite to a larger porphyry system at Hank, the presence of bornite and localized higher-grade intervals highlights the fertility of the broader system. These results provide geological context for the Hank porphyry system identified in the final hole of the program (HW-25-011), with results expected to be released in the near term."

Table 1. Drill Results from this Release.

Figure 1: Plan View Historical and 2025 Drillhole Locations

Figure 2: Plan view of Williams Drilling

HW-25-008 Summary

This hole was designed to cross quartz stockwork veins with chalcopyrite +/- bornite mineralization observed at surface and test the strike and depth extent of the Williams porphyry to the northeast. Hole HW-25-008 intersected mineralization at surface below cover until end of hole, returning 889.35 m of 0.21% Cu, 0.22 g/t Au and 1.5 g/t Ag (0.47% CuEq). This included a higher-grade interval of 40.15 m with 1.16% CuEq from 287.95 m downhole (Figure 4). The alteration associated with the mineralization observed is:

• 0-157 m: potassic alteration with varying amounts of chalcopyrite ± bornite

• 157-253 m: felsic stratigraphy with low sulfide and trace chalcopyrite concentrations

• 253-810 m: potassic alteration in mixed monzonite and wall rock with variable chalcopyrite ± bornite

810-893 m: flanking alteration of epidote-magnetite-K-feldspar, low relative chalcopyrite and increase in pyrite

Figure 3: HW-25-008 - 315 m downhole - 0.68 % Cu, 0.94 g/t Au, & 4.0 g/t Ag (1.75 % CuEq ), (Bn = Bornite, Cpy = Chalcopyrite) Potassic alteration with copper sulfide mineralization

Figure 4: Williams deposit section of HW-25-008.

HW-25-009 Summary

Hole HW-25-009 targeted the root area of the Williams deposit. The drill hole returned 272.7 m of 0.11% Cu, 0.15 g/t Au and 4.0 g/t Ag from 49.3 m. Mineralization observed is hosted within a flanking alteration assemblage of K-feldspar-epidote-magnetite and high pyrite : chalcopyrite ratios. This observation shows that this hole was drilled in the southeastern margin of the Williams deposit and Kingfisher believes there is potential for additional mineralization to the west-northwest of this hole, demonstrated by trends of mineralization observed in section view (Figure 5).

Figure 5: Annotated cross-section of drill hole HW-25-009

HW-25-010 Summary

Hole HW-25-010 collared on the same drill pad as HW-25-008. This hole was designed to test the deeper domain boundaries of the porphyry system. Hole HW-25-010 accomplished this goal and defined the eastern domain boundary and returning 721.7 m of 0.22% Cu, 0.21 g/t Au, and 1.3 g/t Ag (0.46% CuEq) which includes 78.7 m of 1.01% CuEq and 47.55 m of 1.12% CuEq from 4.3 and 273.0 m respectively (Figure 7). The alteration associated with the mineralization observed is:

• 0-196.5 m: potassic alteration with varying amounts of chalcopyrite +/- bornite in wall rock

• 196.5-268 m: felsic host rock, less favourable host, low relative chalcopyrite abundance

• 268-521 m: variable potassic alteration in mixed monzonite and wall rock with chalcopyrite +/- bornite

• 521-797 m: wall rock overprinted by porphyry flanking-type alteration (K-feldspar-epidote-magnetite-chlorite) and low relative chalcopyrite

Figure 6: HW-25-010 - 44.8 m downhole - 1.19% Cu, 0.62 g/t Au, & 12.2 g/t Ag (2.00% CuEq), (Bn = Bornite, Cpy = Chalcopyrite). Potassic alteration with copper sulfide mineralization

Figure 7: Annotated cross-section showing drill hole HW-25-010

HW-25-006 Update

Further to the release dated November 10, 2025 ( Kingfisher Metals Reports 110 Meters of 0.47 g/t Gold in ~500 m step-out at Hank and Extends Gold in Soil Anomaly at Hank on the HWY 37 Project, Golden Triangle, British Columbia ), multielement assay results from HW-25-006 has been received. The new data updates the intersection to 241.0 m of 0.01% Cu, 0.28 g/t Au, and 0.4 g/t Ag (0.29 g/t AuEq) including 110.0 m of 0.01% Cu, 0.47 g/t Au and 0.2 g/t Ag (0.49 g/t AuEq) . The values are summarized in table 2 (below).

Pending Results

Kingfisher has now received assays for diamond drill hole HW-25-011, which are currently being interpreted by the Company with an update to follow in due course. The Company is also waiting on final IP and airborne EM (MMT) geophysical datasets as well as finalized geological mapping data collected during the 2025 field program. Results of these surveys will be released once received and interpreted.

Kingfisher will be attending the upcoming AME Roundup Core Shack in Vancouver, British Columbia. Drill core from Williams as well as the new Hank porphyry system (HW-25-011) will be on display for the public to view in the Core Shack on January 26 and 27.

Quality Assurance / Quality Control (QAQC)

Drilling on site at the HWY 37 Project was supervised by on-site Kingfisher personnel who implemented a full QAQC program using coarse blanks, pulp blanks, standards, and duplicates inserted into the sample stream to monitor analytical accuracy and precision. The samples were sealed on site using tamper proof seals with unique identifiers. The samples were sent to the BV lab in Vancouver, British Columbia. BV's quality control system complies with global certifications for Quality ISO/IEC 17025:2017 - General requirements for the competence of testing and calibration laboratories . Diamond drill core samples were analyzed using a combination of BV's MA200 process for low level concentrations (4 acid digestion/ICP-ES/MS) and MA 370 process for higher level concentrations (4 acid digestion/ICP-ES). Gold assaying was completed using FA430, a 30-gram fire assay with AAS finish. If applicable, base metal overlimits were finalized with titration, and gold overlimits completed with a gravimetric finish. Technical aspects of this 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 Minerals Projects.

Table 2. Drill results to date