Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report
Kingman Minerals (OTCQB: KGSSF) announced a planned high-resolution drone magnetometer survey over its Rosebud property within the Mohave Gold Project near Kingman, Arizona, to refine drill targets and map subsurface vein and fault structures. The company said the survey contractor engagement is underway and the survey is expected to start in the coming weeks with results shortly thereafter.
Kingman also completed an updated NI 43-101 technical report for the Property and reported recent gross proceeds of $2,112,953, stating the company is fully funded while drilling was delayed by a recent U.S. government shutdown.
Kingman Minerals (OTCQB: KGSSF) ha annunciato un piano di rilievo magnetometrico con drone ad alta risoluzione sulla proprietà Rosebud all'interno del Mohave Gold Project vicino a Kingman, in Arizona, per affinare gli obiettivi di trivellazione e mappare strutture sotterranee di vene e faglie. L'azienda ha detto che l'impegno del service contractor per l'indagine è in corso e che l'indagine dovrebbe iniziare nelle prossime settimane, con i risultati poco dopo.
Kingman ha anche completato un aggiornamento del rapporto tecnico NI 43-101 per la Proprietà e ha riportato recenti proventi lordi di $2,112,953, dichiarando che l'azienda è completamente finanziata mentre i lavori di trivellazione sono stati ritardati da un recente shutdown del governo degli Stati Uniti.
Kingman Minerals (OTCQB: KGSSF) anunció un plan de reconocimiento magnético con dron de alta resolución sobre su propiedad Rosebud dentro del Mohave Gold Project cerca de Kingman, Arizona, para refinar los objetivos de perforación y mapear estructuras de vetas y fallas subterráneas. La empresa dijo que la contratación del contratista de la encuesta está en curso y se espera que la encuesta comience en las próximas semanas, con resultados poco después.
Kingman también completó un informe técnico NI 43-101 actualizado para la Propiedad y reportó ingresos brutos recientes de $2,112,953, afirmando que la empresa está plenamente financiada, mientras la perforación se retrasó debido a un cierre reciente del gobierno de EE. UU.
Kingman Minerals (OTCQB: KGSSF) 은 Kingman, 애리조나 주의 Rosebud 부지 내 Mohave Gold Project 전반에 걸쳐 고해상도 드론 자기측정계(자기력계) 조사 계획을 발표했습니다. 이는 시추 목표를 정밀화하고 지하의 광맥 및 단층 구조를 매핑하기 위한 것입니다. 회사는 조사 계약자 선정이 진행 중이며 조사는 향후 몇 주 안에 시작될 것으로 기대하며 곧 결과가 나올 예정이라고 말했습니다.
Kingman 은 또한 부지에 대한 NI 43-101 기술 보고서를 업데이트했고 최근 총 수익이 $2,112,953로 보고되었으며, 회사가 완전한 자금 조달 상태임을 밝히고 있지만 최근 미국 연방 정부 셧다운으로 시추가 지연되었다고 밝혔습니다.
Kingman Minerals (OTCQB: KGSSF) a annoncé une enquête magnétométrique par drone à haute résolution sur sa propriété Rosebud dans le cadre du Mohave Gold Project près de Kingman, en Arizona, afin d'affiner les cibles de forage et de cartographier les structures de veines et de failles sous la surface. La société a indiqué que la mise en place du contractant de l'enquête est en cours et que l'enquête devrait commencer dans les prochaines semaines avec des résultats peu après.
Kingman a également terminé un rapport technique NI 43-101 mis à jour pour la Propriété et a rapporté des produits bruts récents de $2,112,953, indiquant que la société est entièrement financée, tandis que le forage a été retardé par une récente fermeture du gouvernement américain.
Kingman Minerals (OTCQB: KGSSF) kündigte eine geplante hochauflösende Drohnen-Magnetometer-Umfrage über seine Rosebud-Property im Mohave Gold Project in der Nähe von Kingman, Arizona, an, um Bohrziele zu verfeinern und unterirdische Ader- und Verwerfungsstrukturen abzubilden. Das Unternehmen sagte, dass die Beauftragung des Survey-Unternehmens im Gange sei und die Umfrage voraussichtlich in den nächsten Wochen beginnen werde, mit Ergebnissen kurz danach.
Kingman hat außerdem einen aktualisierten NI 43-101-Technikbericht für die Liegenschaft abgeschlossen und meldete kürzlich Bruttoeinnahmen von $2,112,953, und erklärte, dass das Unternehmen vollständig finanziert sei, während die Bohrungen durch einen jüngsten US-Regierungsschließungs-Stop verzögert wurden.
Kingman Minerals (OTCQB: KGSSF) أعلنت عن خطة مسح مغناطيسية جويّة عالية الدقة بطائرة بدون طيار على ملكيتها Rosebud ضمن مشروع Mohave Gold بالقرب من Kingman، أريزونا، من أجل تحسين أهداف الحفر ورسم هياكل العروق والكسور تحت السطح. وقالت الشركة إن التعاقد مع مقاول المسح جارٍ ومن المتوقع أن يبدأ المسح خلال الأسابيع المقبلة مع نتائج تعقبها قريباً.
Kingman أكدت أيضاً إكمال تقرير NI 43-101 الفني المحدث للملكية وأعلنت عن عوائد إجمالية حديثة قدرها $2,112,953، مشيرة إلى أن الشركة مموَّلة بالكامل في حين أن الحفر تأخر بسبب إغلاق حكومي أمريكي حديث.
- Gross proceeds of $2,112,953 reported
- Completed updated NI 43-101 technical report
- Planned high-resolution drone magnetometer survey to refine drill targets
- Next-phase drilling delayed due to U.S. government shutdown
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2025) - Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF) (FSE: 47A) ("Kingman" or the "Company") is pleased to provide an update on exploration activities at its flagship Mohave Gold Project, located just outside Kingman, Arizona and adjacent to the historic Music Mountain Mine.
Due to the recent U.S. government shutdown, the Company has experienced delays in proceeding with the next phase of drilling. While these administrative matters were being resolved, Kingman was proactively advancing alternative exploration initiatives to continue generating value and geological insight across the property.
As part of this strategy, Kingman is in the process of engaging a contractor to complete a high-resolution drone-based magnetometer survey over the entire Rosebud property. This modern, cost-effective geophysical survey will provide detailed subsurface information related to vein systems, fault structures, and key geologic contacts. This data is essential to refining drill targets and enhancing the overall geologic model of the historic district.
"The Mohave Project sits in one of Arizona's most storied gold-producing regions, and we are fully committed to advancing the Project and utilizing this robust gold market to appreciate shareholder value," said Simon Studer, interim CEO of Kingman Minerals Ltd. "While the shutdown takes its course, our focus is on maximizing efficiency, deepening our technical understanding, and identifying the most promising zones for future work. With the recent gross proceeds raised of
The Company anticipates the drone survey will commence in the coming weeks, with results expected shortly thereafter. The data collected will play a key role in guiding Kingman's next phases of exploration and may also highlight previously unrecognized gold-bearing structures across the property.
Additionally, the Company is pleased to announce the completion of an updated NI 43-101 compliant technical report on the Property. (The report will be available on SEDAR+ under the Company's profile upon approval).
Kingman Minerals will continue to update shareholders as new information becomes available and as exploration plans progress toward the upcoming drill program.
TECHNICAL INFORMATION
The technical information in the Company's release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by, Qualified Person: Bradley C. Peek, MSc. CPG Qualified Person for Kingman Minerals Ltd.
ABOUT
Kingman Minerals Ltd. (TSXV: KGS) is a publicly traded exploration and development company focused on precious metals in North America. The company's flagship project is the fully owned historic Rosebud Mine, located in the Music Mountains, Mohave County, Arizona. High-grade gold and silver veins were discovered in the area in the 1880's and were mined mainly in the late 20's and 30's. Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises, and crosscuts. The company believes that to explore the full potential of the area, drilling and sampling along strike and depth extensions of existing and additional vein structures is essential.
For further information, please contact:
Simon Studer, Interim CEO & Director
(604) 685-7720
info@kingmanminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the completion transactions completed in the Agreement.
Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Kingman believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Kingman disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275271
FAQ
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