Kingsmen Res Stock Price, News & Analysis

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has announced successful results from a 3D induced polarization-resistivity (3D IP) survey at its Las Coloradas project in the Parral mining district, Chihuahua Mexico. The survey identified five new high-priority drill targets associated with high chargeability/high resistivity zones.

The survey, conducted by Geofisica TMC, covered approximately 1/3 of the project area, including historic workings and the past-producing Las Coloradas mine. A total of 14 holes have been proposed for the initial drill program. The survey consisted of 16 km of IP with 3D off-set pole-dipole electrode array, covering an area of 1.6 km by 1.8 km.

Key targets identified include:

• The Mine target: Located at the SE end of the Soledad structure/vein system
• The Leona target: Covering 530 meters of old high-grade workings
• The Aguilar target: Spanning 250 meters of old high-grade workings

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has reported additional exploration results from its Las Coloradas project in the Parral mining district, Chihuahua Mexico. The company completed geochemical sampling analysis at the Silvia and La Plata zones, which are located on a 2,500 meter-long, NE-trending zone of structures.

The analysis revealed significant variations in pathfinder elements correlating with silver, suggesting different pulses of mineralization. Key findings include: high-grade samples across intrusive, volcanic and sedimentary rocks; zinc values closely tracking silver distribution; antimony showing strong presence in areas with weak silver mineralization, suggesting potential blind silver deposits; and consistent arsenic presence across all samples, a reliable precious metals indicator.

The La Plata zone features unique N-trending structures that may indicate buried quartz porphyry intrusives. The company has identified multiple promising drill targets based on the geochemical data analysis.

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has reported new geochemical data from its Las Coloradas project in Mexico's Parral mining district. The company analyzed samples from the Soledad and Soledad II structures/vein systems, revealing significant variations in pathfinder elements correlated with silver content.

The analysis identified several key target areas including Mine, Aguilar, and Leona zones. Notable findings include: lead closely tracking silver values, strongest zinc values in Aguilar, higher gold values in Leona and Mine areas, and elevated antimony levels focusing attention on Mine and Leona. Tellurium and bismuth, indicators of intrusion-related gold deposits, showed better values in Mine and Aguilar.

The company plans to use this data to guide its upcoming drill program, which will test both the depth extent of known quartz vein silver mineralization and gold-enriched targets where intrusion-related precious metal mineralization may be present.

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has reported results from its ongoing exploration program at the Las Coloradas project in Mexico's Parral mining district. The company has completed exploration over the entire 1.7 km and 1.4 km long Soledad and Soledad II structures, with mineralization occurring throughout.

A new target area (DBD) for diamond drilling has been identified between the Mine and Leona zones on the Soledad structure. Historic underground artisanal mining in this area revealed stopes up to 5 meters wide and 4.0 meters high, with dilatant zones up to 3.0 meters where the mineralized structure flattens.

The mineralization shows strong similarities to the Santa Barbara mine, where vein systems extend 3 to 6.5 km along strike with vertical extensions up to 900 meters. The Las Coloradas mineralization is located on the southeast flank of a prominent aeromagnetic high, interpreted as a buried felsic intrusive body, creating favorable conditions for porphyry, skarn and epithermal vein mineralization.

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has announced the commencement of its field reconnaissance program on the Saddle Extension zone ('Saddle X') at its wholly-owned Las Coloradas project in Mexico's Parral mining district. The Saddle X area covers 1.8 x 1.4 kilometers between the Saddle target and the Soledad structures/historic Las Coloradas mine.

The company aims to better define this newly discovered drill target, with President Scott Emerson noting that the magnetic signature of the area strongly resembles the La Prieta mine in Parral City. The exploration work is being conducted alongside preparations for their initial drill program, with management suggesting the Saddle target could significantly enhance their resource potential.

Kingsmen Resources has identified a new significant silver-gold drill target called 'Saddle' on its Las Coloradas project in Mexico's Parral mining district. The target, located between two magnetic highs, shows potential for epithermal precious metal, skarn and porphyry mineralization. Prospecting samples revealed anomalous gold and silver values with associated copper, lead, zinc, arsenic, bismuth, and antimony. Despite exposure due to soil cover, geophysical surveys and geochemistry indicate potential for significant blind mineralization in the area.

Kingsmen Resources has identified three main target areas for diamond drilling at its Las Coloradas project in Mexico's Parral mining district: the Mine, Aguilar, and Leona targets along the Soledad structure. The Mine target encompasses the old Las Coloradas mine and adjacent structures, while the Leona target covers 530 meters of old high-grade workings, and the Aguilar target spans 250 meters of old high-grade workings. Additional drilling targets are being evaluated. The company's previously announced private placement is fully subscribed, pending TSX Venture Exchange approval. Kingsmen has also granted 1,300,000 stock options to directors and officers at $0.36 per share for a two-year term.

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) has appointed Mark J. Pryor as a new director. Pryor brings 40 years of experience in exploration and development of mining projects, particularly in the Mexican silver belt. His expertise aligns with Kingsmen's exploration focus and is expected to significantly contribute to the company's strategic goals.

Pryor's career includes roles with major mining companies like Anglo American, Placer Dome, and Antofagasta Minerals. He has a proven track record of advancing projects from discovery to exploitation, including work on the Los Gatos Mine. Pryor is a Fellow of the Geological Society and the Society of Economic Geologists, with a degree in Geology & Mineralogy from Aberdeen University.

Kingsmen Resources (TSXV: KNG, OTCQB: KNGRF) has completed an evaluation and interpretation of ground magnetic data for its Las Coloradas project in Chihuahua, Mexico. The analysis revealed two prominent magnetic bodies (A and B) within a weaker magnetic halo. These bodies are interpreted as shallow intrusives, with Body B showing strong NW-trending lineaments reflecting the Soledad and Soledad II structures. The structural picture suggests a cymoid loop, potentially hosting mineralization in NW- and NE-trending zones. Significant old workings are associated with Body B, while Body A is linked to the newly discovered Silvia-La Plata trend. The project is prospective for epithermal precious metal, skarn, and porphyry mineralization.