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Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) is a mining company headquartered in Vancouver, British Columbia. The company's focus is on exploration and development, particularly in the Parral mining district of the Central Mexican Silver Belt. Kingsmen has made significant progress in compiling exploration data, confirmatory sampling, and geological mapping on its Las Coloradas project, identifying potential for epithermal gold-silver mineralization. The company aims to deliver value to stakeholders through continued exploration and the identification of new targets.
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.
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.