Kingsmen Resources Ltd. reports mineral-exploration developments tied to its silver-gold and gold-silver projects in Chihuahua, Mexico. Recurring updates focus on drilling and assay results at the Las Coloradas project in the Parral mining district, including work on the Soledad and Soledad II vein systems, the DBD zone, and the Saddle target.
The company's news also covers exploration planning for Las Coloradas and the Almoloya project, claim ownership changes such as the Claudia 2 claim, and equity financing activity used to fund drilling and related business initiatives.
Kingsmen Resources (OTCQB:KNGRF) upsized a bought-deal private placement to gross proceeds of C$11,000,000.25 from C$10,000,001.25 due to strong demand. The company will sell 4,888,889 Units at C$2.25 per Unit; each Unit = one common share + one-half warrant. Each whole Warrant exercisable at C$3.00 for 36 months. An underwriters' option may add up to 888,889 Units (~C$2,000,000.25). Net proceeds will fund exploration at Las Coloradas and Almoloya in Parral, Chihuahua, plus working capital. Closing is anticipated on or about February 11, 2026, subject to TSXV and other approvals.
Kingsmen Resources (OTCQB:KNGRF) agreed to a bought deal private placement with Red Cloud to raise gross proceeds of C$10,000,001.25 by issuing 4,444,445 Units at C$2.25 per Unit, each Unit comprising one common share and one-half warrant.
An underwriters' option for up to 888,889 additional Units (≈C$2,000,000.25) is available. Each whole Warrant is exercisable at C$3.00 until 36 months from closing. Proceeds are for exploration at Las Coloradas and Almoloya, plus working capital. Closing expected on or about February 11, 2026, subject to TSXV approval.
Kingsmen Resources (OTCQB: KNGRF) reported drill assays from Soledad: hole LC-25-005 hit 15.7 m @ 74 g/t AgEq (46 g/t Ag) including high-grade subintervals of 704 g/t AgEq over 0.35 m and 1379 g/t AgEq over 0.6 m. An undercut, LC-25-010, intersected 1.45 m @ 1,028 g/t AgEq (455 g/t Ag) including 0.7 m @ 1,742 g/t AgEq (770 g/t Ag) ~70 m down-dip of LC-25-005. Holes LC-25-006 and LC-25-007 encountered historical workings but returned remnant high-grade intervals and a ~100 m wide alteration zone in LC-25-007. Results include elevated Zn, Pb and pathfinder elements; QA/QC used ALS labs and inserted standards. A Qualified Person (Kieran Downes, P.Geo.) approved the technical disclosure.
Kingsmen Resources (OTCQB: KNGRF) reported assays from three reconnaissance drill holes on the DBD zone at Las Coloradas, Chihuahua, Mexico on January 13, 2026. Hole LC-25-004 returned 3.15 m grading 241 g/t AgEq (131 g/t Ag) from 70.15–73.30 m, including 1.15 m at 525 g/t AgEq (292 g/t Ag, 0.185 g/t Au). Mineralization is shallow (~70 m) with massive sulphides and strong pathfinder elements. Company notes ~300 m of undrilled vein/structure strike and plans further drilling in 2026. Silver-equivalent calculations use stated metal prices and recovery assumptions.
Kingsmen Resources (OTCQB: KNGRF) reported assays from three diamond holes at the Las Coloradas silver‑gold project, Chihuahua, Mexico, including a 1.3 m intercept of 270 g/t AgEq (143 g/t Ag & 0.72 g/t Au) within a 4.8 m zone at 56.7 m in hole LC‑25‑012 on the Soledad II structure. LC‑25‑009 extended Rosario mineralization 70 m along strike from LC‑25‑008. Soledad, Soledad II and No. 8 structures now host multiple high‑grade intercepts across ~1.5 km. AgEq uses specified metal prices and recoveries (gold 40%, lead 91%, zinc 85%, silver 92%) referenced to similar local sulphide mineralization.
Kingsmen Resources (OTCQB: KNGRF) reported initial surface and historic underground sampling results from the Juliettas structure at its 100%‑owned Almoloya gold‑silver project near Parral, Chihuahua on December 15, 2025. A total of 527 samples were collected across vein, hanging wall and footwall, with significant gold values over ~500 meters. Distribution: 28 samples >6.16 g/t, 82 samples 1.14–5.9 g/t, 168 samples 0.13–1.02 g/t, and 249 samples <0.13 g/t. Highlight includes 34.09 g/t over 0.5 m. Assays were completed at Actlabs Mexico.
Kingsmen Resources (TSXV: KNG | OTCQB: KNGRF) entered a 3-month service agreement with Resource Stock Digest (RSD) for a marketing and advertising program costing US$125,000, payable upon Exchange approval.
RSD will produce interviews and promotional content for distribution to its subscriber base. RSD is owned and operated by Gerardo Del Real and Nick Hodge, who are shareholders of Kingsmen as of the agreement date; the agreement states RSD and the two individuals are at arm's-length and have no other relationship with the company.
Kingsmen Resources (OTCQB: KNGRF) reported first assays from hole LC-25-008 at Las Coloradas, Chihuahua, Mexico, including a high-grade interval of 931 g/t silver equivalent with 1.28 g/t gold/b over
Kingsmen Resources (OTCQB: KNGRF) completed the transaction granting it an option to acquire a 100% interest in the Almoloya gold/silver project in the Parral Mining District, Chihuahua, Mexico, located 30 km west of its Las Coloradas project.
Terms require staged cash payments over an eight-year option period with US$325,000 payable in the first two years (including US$75,000 in year one). The Option is subject to TSXV approval. The package consolidates five claims into a single contiguous block covering 866.25 hectares and includes historic Cigarrero and Las Juliettas mines. Kingsmen is compiling data, conducting regional sampling, and working toward drill-ready status.
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.