Kingsmen Res Stock Price, News & Analysis

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.

Kingsmen Resources has identified two new zones of mineralization, Silvia and La Plata, at its Las Coloradas project in Chihuahua, Mexico. These zones are situated along a 2,500-meter NE-trending zone of structures, intersecting with the old Soledad mine's structures. The Silvia zone is located at a structural intersection, while the La Plata zone features unique N-trending structures that may indicate buried quartz porphyry intrusives. According to Scott Emerson, President of Kingsmen Resources, the discovery expands the project's scope and increases its potential for silver, gold, and copper.

Kingsmen Resources reports high grade multi-element samples from the Soledad structure on the Las Coloradas project in Mexico. Results show impressive silver-equivalent grades, with promising mineralization extending along the 1.7KM structure. The company's sampling reveals high-grade silver mineralization, indicative of potential economic viability. The project's proximity to an aeromagnetic high suggests favorable conditions for various mineralization types, enhancing its exploration potential.