-- Kingfisher Metals (KFR.V) said Thursday it has delineated a new porphyry drill target at the Turquoise target area within the HWY 37 Project, in the Golden Triangle, British Columbia.
The latest interpretation of updated geophysical inversion datasets highlight a "compelling" new subsurface target characterized by a 0.5 km by 2.0 km chargeability anomaly, the company said, adding that the target is near-surface and drill ready.
"The Turquoise target is a direct result of our systematic exploration approach, which continues to unlock new opportunities across this underexplored yet highly prospective region of the Golden Triangle. The target is located within the emerging Hank-Mary district and only ~6 km from existing infrastructure. Turquoise represents a compelling new drill target that we're excited to test this summer as we continue to build a strong pipeline of high-quality targets across the HWY 37 Project," said chief executive Dustin Perry.
Kingfisher Metals closed unchanged at $0.78 on the TSX Venture Exchange on Wednesday.