Kingsmen Intersects 1,742 g/t Silver Equivalent over 0.7 Meters (190.85 - 191.55 m) in Its First Drill Program at Its Las Coloradas Silver Project, Chihuahua, Mexico
Kingsmen Resources (OTCQB:KNGRF) has announced significant results from its first drill program at the Las Coloradas silver project in Mexico's Parral mining district. The company reported a high-grade silver discovery in hole LC-25-010, intersecting 1,742 g/t silver equivalent over 0.7 meters, including 770 g/t silver from 190.85-191.55m depth.
The drill program revealed a wide mineralized zone of 138 g/t silver equivalent over 13.35 meters at shallow depths of approximately 125 meters. The mineralization includes massive sulphides with strong pathfinder elements indicating a larger system. The project, covering an 8.5 km² consolidated historic mining district, has less than 5% of its property explored, suggesting significant discovery potential.
The company completed a 12-hole program totaling 3,227.2 meters, with assays pending from eleven additional holes.Kingsmen Resources (OTCQB:KNGRF) ha annunciato risultati significativi dal suo primo programma di trivellazione presso il progetto d’argento Las Coloradas nel distretto minerario di Parral, in Messico. L’azienda ha riportato una scoperta di alto grado di argento nel pozzo LC-25-010, intercettando 1.742 g/t di argento equivalente su 0,7 metri, inclusi 770 g/t di argento su 190,85-191,55 m.
Il programma di trivellazione ha rivelato una ampia zona mineralizzata di 138 g/t di argento equivalente su 13,35 metri a profondità superficiali di circa 125 metri. La mineralizzazione comprende solfuri massivi con forti elementi indicativi di un sistema più ampio. Il progetto, che copre un distretto storico di estrazione consolidato di 8,5 km², ha meno del 5% della proprietà esplorata, suggerendo un significativo potenziale di scoperta.
L’azienda ha completato un programma di 12 fori per un totale di 3.227,2 metri, con le analisi in attesa per undici ulteriori pozzi.
Kingsmen Resources (OTCQB:KNGRF) ha anunciado resultados significativos de su primer programa de perforación en el proyecto de plata Las Coloradas, ubicado en el distrito minero de Parral, México. La compañía reportó un descubrimiento de plata de alto grado en la perforación LC-25-010, interceptando 1.742 g/t de plata equivalente en 0,7 metros, incluyendo 770 g/t de plata desde 190,85 a 191,55 m.
El programa de perforación reveló una zona mineralizada amplia de 138 g/t de plata equivalente en 13,35 metros a profundidades superficiales de aproximadamente 125 metros. La mineralización incluye sulfuros masivos con fuertes elementos indicativos de un sistema mayor. El proyecto, que abarca un distrito minero histórico consolidado de 8,5 km², tiene menos del 5% de su propiedad explorada, lo que sugiere un significativo potencial de descubrimiento.
La compañía completó un programa de 12 agujeros que suman 3.227,2 metros, con resultados de ensayos pendientes de otros once agujeros.
Kingsmen Resources (OTCQB:KNGRF)가 멕시코 파랄 광산 지구에 위치한 Las Coloradas 은 프로젝트에서 첫 시추 프로그램의 중요한 결과를 발표했습니다. LC-25-010 구멍에서 0.7m 동안 은 등급 환산 1,742 g/t의 고등급 은 발견이 확인되었으며, 190.85~191.55m 구간에서 770 g/t 은이 포함되었습니다.
시추 프로그램은 약 125m의 얕은 깊이에서 13.35m 동안 은 등가 138 g/t의 광범위한 광물화 구역를 드러냈습니다. 광물화에는 큰 규모의 시스템을 시사하는 강한 탐사 요소를 가진 거대 황화물이 포함됩니다. 8.5 km² 규모의 통합된 역사적 채굴 지구를 포함하는 프로젝트는 보유지의 <5%만이 탐사되었으며, 이는 상당한 발견 잠재력을 시사합니다.
회사는 총 3,227.2m의 12개 홀 프로그램을 완료했으며, 열한 개의 추가 홀의 분석 결과가 기다려지고 있습니다.
Kingsmen Resources (OTCQB:KNGRF) a annoncé des résultats significatifs de son premier programme de forage sur le projet d’argent Las Coloradas, dans le district minier de Parral, au Mexique. La société a signalé une découverte d’argent de haute teneur dans le puits LC-25-010, en intercalant 1 742 g/t d’argent équivalent sur 0,7 m, dont 770 g/t d’argent sur 190,85–191,55 m.
Le programme de forage a révélé une large zone mineralisée de 138 g/t d’argent équivalent sur 13,35 mètres à des profondeurs peu profondes d’environ 125 mètres. La minéralisation comprend des sulfures massifs avec de forts éléments indicateurs indiquant un système plus vaste. Le projet, qui couvre un district minier historique consolidé de 8,5 km², a moins de 5% de sa propriété explorée, suggérant un potentiel de découverte significatif.
L’entreprise a mené à bien un programme de 12 forages totalisant 3 227,2 mètres, les essais de onze forages supplémentaires étant en attente.
Kingsmen Resources (OTCQB:KNGRF) hat bedeutende Ergebnisse aus dem ersten Bohrprogramm des Las Coloradas Silberprojekts im Parral-Bergbaugebiet in Mexiko bekannt gegeben. Das Unternehmen meldete eine hochgradige Silberentdeckung im Bohrloch LC-25-010 und stieß auf 1.742 g/t Silberäquivalent über 0,7 m, einschließlich 770 g/t Silber von 190,85–191,55 m.
Das Bohrprogramm zeigte eine breite mineralisierte Zone von 138 g/t Silberäquivalent über 13,35 m in flacher Tiefe von ca. 125 m. Die Mineralisierung umfasst massive Sulfide mit starken Maßnahmenindikatoren, die auf ein größeres System hinweisen. Das Projekt, das einen konsolidierten historischen Bergbau-Distrikt von 8,5 km² abdeckt, hat weniger als 5% seines Grundstücks erkundet, was ein erhebliches Entdeckungspotenzial nahelegt.
Das Unternehmen schloss ein 12-Bohrlöcher-Programm mit insgesamt 3.227,2 Metern ab, wobei Ergebnisse von elf weiteren Bohrlöchern noch ausstehen.
Kingsmen Resources (OTCQB:KNGRF) أعلنت عن نتائج مهمة من برنامج الحفر الأول في مشروع الفضة Las Coloradas بقطاع منجم Parral في المكسيك. أعلنت الشركة عن اكتشاف فضة عالي الدرجة في الحفرة LC-25-010، باعتراض 1,742 جم/طن معادل من الفضة على 0.7 متر، بما في ذلك 770 جم/طن فضة من 190.85-191.55 م.
كشف برنامج الحفر عن منطقة من اليئت المعدنية واسعة تبلغ 138 جم/طن معادل من الفضة على 13.35 م عند عمق سطحي يقارب 125 م. تتضمن التمعدنات كبدات كبريتية ضخمة مع عناصر دليلية قوية تشير إلى نظام أكبر. المشروع، الذي يغطي منطقة تعدين تاريخية موحدة بمساحة 8.5 كم²، لم يتّن استكشاف أقل من 5% من ملكيته، مما يوحي بإمكانية اكتشاف كبيرة.
أتمت الشركة برنامج حفر من 12 بئر بمجموع 3,227.2 متر، وتنتظر النتائج من أحد عشر بئراً إضافياً.
Kingsmen Resources (OTCQB:KNGRF) 宣布了墨西哥帕拉尔矿区 Las Coloradas 银矿项目第一阶段钻探计划的显著结果。公司在 LC-25-010 钻孔中发现高品位银矿，钻穿出 0.7 米内银当量 1,742 g/t，其中在 190.85–191.55 米段含有 银 770 g/t。
钻探显示在大约 125 米浅表深度处，存在 13.35 米银当量 138 g/t 的广阔矿化带。矿化包含大量硫化物，伴随强烈的寻矿元素，指示更大系统的存在。该项目覆盖一个 8.5 平方千米的历史矿区，探矿面积不足 5%，显示出显著的发现潜力。
公司完成了一个共计 3,227.2 米的 12 圈钻孔计划，另外十一口钻孔的分析结果尚待发布。
- High-grade silver discovery of 1,742 g/t silver equivalent over 0.7 meters
- Wide mineralized zone of 138 g/t silver equivalent over 13.35 meters
- Shallow mineralization at only 125 meters depth
- 95% of property remains unexplored, indicating significant discovery potential
- Discovery of critical metal indium in massive sulphide intersection
- Only first hole results reported, with 11 holes pending assays
- True width of mineralization cannot be determined at this time
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report first assays from hole LC-25-010 that intersected significant mineralization. The hole was drilled as part of the recently completed 12 hole - 3,227.2 meter drill program on its
Four Key Highlights:
- HIGH GRADE SILVER DISCOVERY
*1,028 g/t silver equivalent over 1.45 meters (455 g/t silver) from 190.25-191.70m.
including 1,742 g/t silver equivalent over 0.70 meters (770 g/t silver) from 190.85-191.55m.
*See Tables 1 and 2 for zinc, lead and gold grades used in the silver equivalent calculation.
- WIDE MINERALIZED ZONE
*138 g/t silver equivalent over 13.35 meters (64.3 g/t silver) from 178.35-191.70m.
*Drilled previously untested areas below historic ASARCO mining 1943-1952 - SHALLOW, NEAR-SURFACE MINERALIZATION
Intercept from only 125 Meters Depth
*Multiple mineralization styles including massive sulphides
*Strong pathfinder elements (antimony, indium, bismuth) indicate larger system - SIGNIFICANT DISCOVERY POTENTIAL
Less than5% of property explored
*8.5 km2 consolidated historic mining district
*Multiple untested structures and veins
*Located in Mexico's prolific Parral Silver District
President, Scott Emerson, commented, "Our first hole confirms our thesis to drill below historic mining areas and has demonstrated the two essential elements of both grade and scale. Since the Company's inception, our approach has been laser-focused on creating sustainable value for our stakeholders. Hole LC-25-010 delivered high-grade, shallow silver mineralization in the Mine zone of the Soledad structure demonstrating the potential for the discovery of additional high-grade mineralization in this area.
The Company is awaiting assays from eleven additional holes and targets that have been drilled as part of this initial drill program. With its growing understanding of the geochemistry and controls on mineralization, and less than
Hole LC-25-010 (Figure 1; Table 1; Table 2; Table 3) was drilled on the Soledad structure to test for depth extensions to the mineralization mined by ASARCO in the period 1943-1952. The hole intersected an alteration zone with massive sulphide mineralization from 178.35 to 191.70 meters (13.35 meters) downhole. The silver rich massive sulphide mineralization (190.85 to 191.55 meters) comprises sphalerite, galena, arsenopyrite, pyrrhotite, and pyrite (Figure 2). The mineralization is strongly anomalous in pathfinder elements antimony, bismuth, indium and arsenic. The values for bismuth, antimony and indium are very anomalous and underscore the value of these elements as pathfinders that map the alteration zone that contains the high grade mineralization (Table 1). Significant gold of 0.60 g/t is associated with an arsenopyrite rich zone indicating the potential for the development of this type of mineralization. The high-grade silver values are comparable to the reported historical grades that ASARCO mined confirming the drilling is testing an extension to the historic mineralization.
Alteration starts at approximately 178.0 meters with a weakly mineralized zone from 180.25 to 182.0 meters with elevated silver values (Figure 2 and Figure 3). This zone, which contains elevated pathfinder elements arsenic, antimony, bismuth and indium, may be along strike or down-dip of stronger mineralization. The alteration comprises chlorite-calcite-clays with variable silicification and pyritization with variable low to anomalous values of arsenic, bismuth, indium and antimony. Of note is the discovery of the critical metal indium in the massive sulphide intersection. Further work is required to determine the significance of this discovery.
Mineralization occurs as massive sulfides composed primarily of sphalerite/blende (?), pyrrhotite, arsenopyrite, pyrite, and galena, accompanied by massive white quartz and a smaller proportion of calcite. The host rock is a sedimentary sequence composed of fine- to medium-grained quartzo-feldspathic sandstone and interbedded thin layers of shale/siltstone. This sequence exhibits moderate to pervasive silicification superimposed on chloritic alteration (?), which permeates from layer contacts and in cracks and fractures. Microfaulting, incipient layer elongation, and ductile deformation are evident in the shale/siltstone layers. Multiple cracking and fracture systems and veinlets with different orientations and compositions, which sometimes overlap, are present indicating shear stresses and different mineralization events. Petrographic studies are underway to type the alteration and relative ages of the mineralization.
Table 1 Analyses
| Hole | From | To | Width (m) | Au ppm | Ag ppm | As ppm | Bi ppm | In ppm | Pb ppm | Sb ppm | Zn ppm |
| LC-25-010 | 178.35 | 179.25 | 0.90 | 0 | 1.12 | 351 | 8.68 | 0.10 | 39.5 | 10.05 | 448 |
| LC-25-010 | 179.25 | 180.25 | 1.00 | 0.006 | 0.78 | 232 | 2.55 | 0.51 | 39.4 | 12.15 | 148 |
| LC-25-010 | 180.25 | 180.75 | 0.50 | 0.013 | 16.00 | 5710 | 215.00 | 0.35 | 377 | 26.40 | 1375 |
| LC-25-010 | 180.75 | 181.40 | 0.65 | 0 | 7.20 | 1185 | 41.10 | 0.89 | 163 | 6.82 | 3290 |
| LC-25-010 | 181.40 | 181.70 | 0.30 | 0 | 2.25 | 446 | 2.80 | 0.08 | 92.5 | 12.05 | 86 |
| LC-25-010 | 181.70 | 182.00 | 0.30 | 0.033 | 19.80 | >10000 | 6.86 | 5.29 | 4660 | 23.90 | 5520 |
| LC-25-010 | 182.00 | 182.40 | 0.40 | 0 | 0.73 | 81.7 | 1.65 | 0.06 | 40.8 | 3.89 | 83 |
| LC-25-010 | 182.40 | 183.40 | 1.00 | 0 | 0.93 | 98 | 3.90 | 0.09 | 56.9 | 2.75 | 174 |
| LC-25-010 | 183.40 | 184.20 | 0.80 | 0 | 0.45 | 59.3 | 0.92 | 0.05 | 27.5 | 3.89 | 91 |
| LC-25-010 | 184.20 | 184.70 | 0.50 | 0 | 1.07 | 22.5 | 3.20 | 0.06 | 41.4 | 1.87 | 122 |
| LC-25-010 | 184.70 | 185.40 | 0.70 | 0 | 0.63 | 28.1 | 2.28 | 0.11 | 21.2 | 1.72 | 296 |
| LC-25-010 | 185.40 | 186.00 | 0.60 | 0 | 11.90 | 335 | 29.10 | 0.81 | 483 | 4.85 | 2210 |
| LC-25-010 | 186.00 | 186.40 | 0.40 | 0 | 2.81 | 188.5 | 6.85 | 0.77 | 134 | 8.77 | 1755 |
| LC-25-010 | 186.40 | 186.90 | 0.50 | 0 | 6.05 | 393 | 5.87 | 0.73 | 1250 | 15.50 | 782 |
| LC-25-010 | 186.90 | 187.20 | 0.30 | 0.005 | 51.70 | 2060 | 22.40 | 6.28 | 8510 | 50.70 | 7870 |
| LC-25-010 | 187.20 | 187.55 | 0.35 | 0 | 5.43 | 1190 | 9.58 | 0.71 | 380 | 5.29 | 1105 |
| LC-25-010 | 187.55 | 188.30 | 0.75 | 0.091 | 238.00 | >10000 | 207.00 | 12.10 | 36100 | 466.00 | 18700 |
| LC-25-010 | 188.30 | 189.30 | 1.00 | 0 | 2.79 | 327 | 6.54 | 0.15 | 352 | 8.08 | 236 |
| LC-25-010 | 189.30 | 190.05 | 0.75 | 0 | 4.62 | 839 | 6.01 | 3.37 | 241 | 15.60 | 12350 |
| LC-25-010 | 190.05 | 190.25 | 0.20 | 0.027 | 13.65 | >10000 | 18.05 | 5.00 | 1425 | 29.20 | 13550 |
| LC-25-010 | 190.25 | 190.85 | 0.60 | 0.037 | 100.00 | >10000 | 46.70 | 5.29 | 16150 | 103.50 | 8360 |
| LC-25-010 | 190.85 | 191.55 | 0.70 | 0.297 | 770.00 | >10000 | 630.00 | 145.50 | 126500 | 679.00 | 215000 |
| LC-25-010 | 191.55 | 191.70 | 0.15 | 0.601 | 170.00 | >10000 | 410.00 | 50.40 | 8150 | 519.00 | 144500 |
| LC-25-010 | 191.70 | 192.70 | 1.00 | 0 | 2.93 | 1375 | 5.37 | 0.31 | 284 | 20.10 | 686 |
| LC-25-010 | 192.70 | 193.70 | 1.00 | 0 | 3.22 | 313 | 3.51 | 0.45 | 431 | 8.71 | 684 |
| LC-25-010 | 193.70 | 194.70 | 1.00 | 0 | 2.00 | 629 | 4.74 | 0.26 | 88.5 | 8.79 | 766 |
True width cannot be determined at this time and reported widths are drilled intervals.
Table 2 Silver equivalents
| Hole | From | To | Width (m) | Ag Eq ppm | Ag ppm | Au ppm | Pb % | Zn % | |
| LC-25-010 | 178.35 | 191.70 | 13.35 | 138.0 | 64.3 | 1.0 | 1.6 | ||
| incl | 180.25 | 182.00 | 1.75 | 21.0 | 11.0 | 0.1 | 0.2 | ||
| and | 186.90 | 191.70 | 4.80 | 369.0 | 171.0 | 2.7 | 4.3 | ||
| incl | 190.25 | 191.70 | 1.45 | 1,028.0 | 455.0 | 0.2 | 7.3 | 13.0 | |
| and | 190.85 | 191.55 | 0.70 | 1,742.0 | 770.0 | 0.3 | 12.6 | 21.5 |
The silver equivalent calculation formula is AgEq(g/t) = ((Ag grade (g/t) x (Ag price per ounce/31.10348) x Ag recovery) + (Pb grade (%) x (Pb price per tonne/100) x Pb recovery) + (Zn grade (%) x (Zn price per tonne/100) x Zn recovery) + (Au grade (g/t) x (Au price per ounce/31.10348) x Au recovery)) / (Ag price per ounce/31.10348 x Ag recovery). The prices used were US
Table 3 Collar and survey table
| Hole_ID | Easting | Northing | Elevation | Az | Dip | EOH |
| LC-25-001 | 464675 | 2964907 | 1630 | 185 | -50 | 594.00 |
| LC-25-002 | 464161 | 2964857 | 1634 | 190 | -50 | 201.00 |
| LC-25-003 | 464161 | 2964857 | 1634 | 190 | -70 | 200.35 |
| LC-25-004 | 464122 | 2964879 | 1634 | 200 | -45 | 203.45 |
| LC-25-005 | 464770 | 2964455 | 1661 | 220 | -60 | 248.45 |
| LC-25-006 | 464804 | 2964418 | 1660 | 220 | -60 | 152.85 |
| LC-25-007 | 464731 | 2964485 | 1662 | 220 | -60 | 167.60 |
| LC-25-008 | 464731 | 2964485 | 1660 | 337 | -70 | 506.80 |
| LC-25-009 | 464669 | 2964549 | 1660 | 220 | -75 | 215.65 |
| LC-25-010 | 464864 | 2964572 | 1651 | 220 | -45 | 269.45 |
| LC-25-011 | 464669 | 2964549 | 1660 | 250 | -45 | 315.80 |
| LC-25-012 | 463522 | 2964744 | 1640 | 45 | -45 | 151.80 |
Figure 1
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Figure 2 Mineralization
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Figure 3 Mineralization (part) - split core
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Holes 5, 6, 7 and 10 tested a 100-meter length of the Soledad system centered on the Soledad shaft. Holes 9 and 11 tested the structure in the area of the Rosario shaft. Holes 2,3 and 4 tested a 50-meter segment of the Soledad structure/vein system in the DBD target. Hole 12 tested under old workings on the Soledad II structure/vein system. Holes1 and 8 tested a geological/geophysical target. The target was the intersection of NW-trending and NE-trending structures/vein systems, in an area of high chargeability and resistivity on an interpreted NW-trending magnetic structure.
QAQC
The drill core (HQ size) is currently being geologically logged and sampled. The full drill core is sawn with a diamond blade rock saw. One half of the sawn drill core is bagged and tagged for analysis. The remaining half portion is returned to the drill core tray and stored. Bagged samples are securely stored prior to submission for analysis. Samples are being submitted to ALS Geochemistry-Chihuahua for multielement analysis following four-acid digestion (code ME-MS61), and gold by fire assay-AA (code Au-AA23). Quality assurance and quality control (QA/QC) is maintained by the systematic insertion of certified standard reference materials (CSRM), blanks and duplicates into the sample stream. Assay results will be announced following receipt, compilation and confirmation. ALS Geochemistry operates under a Global Geochemistry Quality Manual that complies with ISO/IEC 17025:2017.
About Las Coloradas
The Las Coloradas Project (8.5 km2 -3.3 sq miles) represents a consolidation of a historic mining district which covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO (American Smelting and Refining Company), the U.S. based subsidiary of Grupo Mexico.
Las Coloradas is in the Parral mining district of the Central Mexican Silver Belt, and is located approximately 30 kilometers southeast of the city of Hidalgo de Parral and 40 kilometers east of the San Francisco de Oro and Santa Barbara mining districts where several old major mines are located, such as La Prieta, Veta Colorada, Palmilla, Esmeralda, San Francisco del Oro and Santa Barbara. Click here to see locator map: https://www.kingsmenresources.com/area-history.
Qualified Person
Kieran Downes, Ph.D., P.Geo., a director of Kingsmen and Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.
About Kingsmen Resources
Kingsmen Resources is a mineral exploration company focused on advancing its
On behalf of the Board,
Signed: "Scott Emerson"
Scott Emerson, President & CEO
Phone: 6046859316
Email: se@kingsmenresources.com
Follow us on: LinkedIn, Instagram and X
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.
Forward-Looking Statements:
Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
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FAQ
What were the key silver grades discovered in Kingsmen's (KNGRF) Las Coloradas drill program?
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What is the depth of the silver mineralization at Las Coloradas?
What other metals were found in Kingsmen's Las Coloradas drill program?
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