Kingsmen Reports Drilling to Commence at Las Coloradas Project, Mexico
Kingsmen Resources Ltd. (KNGRF) has announced the commencement of a diamond drilling program at its Las Coloradas silver project in the Parral mining district, Chihuahua Mexico. The company has secured all necessary permits and land access agreements, with 14 holes planned for drilling. The program will focus on the Soledad and Soledad II structures/vein systems, where historic workings have shown significant silver grades and anomalous gold values.
The drilling will begin with one core rig and may expand into multiple phases throughout 2025, depending on results. The company highlights the unique opportunity of controlling an essentially untested high-grade silver project in the prolific Parral Mining District, which was previously under fragmented ownership. Recent IP geophysical survey suggests a deeper mineralizing system than previously documented.
Kingsmen Resources Ltd. (KNGRF) ha annunciato l'avvio di un programma di perforazione diamantata presso il suo progetto argentifero Las Coloradas nel distretto minerario di Parral, Chihuahua, Messico. L'azienda ha ottenuto tutti i permessi necessari e gli accordi di accesso al terreno, con 14 fori pianificati per la perforazione. Il programma si concentrerà sulle strutture/sistemi di vene Soledad e Soledad II, dove le attività storiche hanno mostrato significative concentrazioni di argento e valori anomali di oro.
La perforazione inizierà con una trivella a nucleo e potrà espandersi in più fasi nel corso del 2025, a seconda dei risultati. L'azienda sottolinea l'opportunità unica di controllare un progetto argentifero ad alto tenore praticamente inesplorato nel prolifico distretto minerario di Parral, precedentemente caratterizzato da una proprietà frammentata. Un recente sondaggio geofisico IP suggerisce un sistema mineralizzante più profondo rispetto a quanto documentato in precedenza.
Kingsmen Resources Ltd. (KNGRF) ha anunciado el inicio de un programa de perforación diamantina en su proyecto de plata Las Coloradas en el distrito minero de Parral, Chihuahua, México. La empresa ha asegurado todos los permisos necesarios y acuerdos de acceso a la tierra, con 14 perforaciones planificadas. El programa se centrará en las estructuras/sistemas de vetas Soledad y Soledad II, donde trabajos históricos han mostrado importantes leyes de plata y valores anómalos de oro.
La perforación comenzará con un equipo de núcleo y podrá expandirse en varias fases a lo largo de 2025, dependiendo de los resultados. La empresa destaca la oportunidad única de controlar un proyecto de plata de alta ley prácticamente sin explorar en el prolífico distrito minero de Parral, que anteriormente tenía una propiedad fragmentada. Una reciente encuesta geofísica IP sugiere un sistema mineralizador más profundo de lo documentado anteriormente.
Kingsmen Resources Ltd. (KNGRF)는 멕시코 치와와 주 파랄 광산 지구에 위치한 Las Coloradas 은 프로젝트에서 다이아몬드 시추 프로그램을 시작했다고 발표했습니다. 회사는 모든 필요한 허가와 토지 접근 계약을 확보했으며, 14개의 시추공이 계획되어 있습니다. 이 프로그램은 역사적으로 높은 은 함량과 이상 금값이 나타난 Soledad 및 Soledad II 구조/광맥 시스템에 집중할 예정입니다.
시추는 코어 리그 한 대로 시작하며 결과에 따라 2025년 동안 여러 단계로 확장될 수 있습니다. 회사는 이전에 분산 소유되었던 생산적인 파랄 광산 지구에서 본질적으로 미탐사된 고등급 은 프로젝트를 통제하는 독특한 기회를 강조합니다. 최근 IP 지구물리 조사 결과, 이전에 기록된 것보다 더 깊은 광체 시스템이 존재함을 시사합니다.
Kingsmen Resources Ltd. (KNGRF) a annoncé le lancement d’un programme de forage diamanté sur son projet argentifère Las Coloradas dans le district minier de Parral, Chihuahua, Mexique. La société a obtenu tous les permis nécessaires et les accords d’accès aux terrains, avec 14 trous de forage prévus. Le programme se concentrera sur les structures/systèmes de veines Soledad et Soledad II, où les travaux historiques ont révélé des teneurs significatives en argent et des valeurs aurifères anormales.
Le forage débutera avec une seule foreuse à carottes et pourra s’étendre en plusieurs phases tout au long de 2025, selon les résultats. La société souligne l’opportunité unique de contrôler un projet argentifère à haute teneur essentiellement inexploré dans le district minier prolifique de Parral, auparavant sous propriété fragmentée. Une récente enquête géophysique IP suggère un système de minéralisation plus profond que ce qui avait été documenté auparavant.
Kingsmen Resources Ltd. (KNGRF) hat den Beginn eines Diamantbohrprogramms bei seinem Silberprojekt Las Coloradas im Bergbaudistrikt Parral, Chihuahua, Mexiko, bekannt gegeben. Das Unternehmen hat alle notwendigen Genehmigungen und Landzugangsvereinbarungen gesichert, mit 14 geplanten Bohrlöchern. Das Programm konzentriert sich auf die Strukturen/Venen-Systeme Soledad und Soledad II, wo historische Arbeiten bedeutende Silbergehalte und anomale Goldwerte gezeigt haben.
Die Bohrungen beginnen mit einer Kernbohranlage und können je nach Ergebnissen im Laufe des Jahres 2025 in mehreren Phasen ausgeweitet werden. Das Unternehmen hebt die einzigartige Chance hervor, ein im Grunde ungetestetes hochgradiges Silberprojekt im produktiven Bergbaudistrikt Parral zu kontrollieren, das zuvor in fragmentiertem Besitz war. Eine jüngste IP-geophysikalische Untersuchung deutet auf ein tieferes mineralisierendes System hin als bisher dokumentiert.
- None.
- Project is essentially untested, indicating exploration risks
- Results dependent on single core rig initially
- Timeline for assay results not specified
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report the signing of a diamond drill contract. A drill rig is being mobilized to site and the diamond drill program will commence immediately on its
A total of 14 holes have been proposed for drilling in this drill program.The program will be focused on the Soledad and Soledad II structures/vein systems where surface sampling of residual mineralization in historic workings and the historic past producing underground Las Coloradas mine has yielded significant silver grades and, locally, anomalous gold values. The current phase of drilling will commence with one core rig and, subject to results, is expected to continue in multiple sequential phases of drilling during 2025. Assay results from the drill program will be announced as soon as they are received and compiled.
President, Scott Emerson commented, "We're thrilled to be able to launch our initial drill program at our Las Coloradas project. It's rare to control a project in the prolific Parral Mining District that hosts documented high-grade silver, but which is essentially untested due to its previously fragmented ownership. After months of rigorous technical work, culminating in our recent IP geophysical survey, we interpret a deeper, coherent mineralizing system at Las Coloradas than has been documented or tested to date. This campaign marks a pivotal moment for Kingsmen shareholders as we embark on a well-designed drill program that we believe gives us an excellent chance of discovery."
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. As well, new major mining projects are currently being explored in the district; Cordero (Discovery Silver Corp.), 35 kms north of Parral, and La Cigarra (Kootenay Silver Inc.), 35 kms northwest of Parral. 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
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 Statement:
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
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