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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) completed 60 km² of high-resolution satellite topographic surveys at the Las Coloradas (32 km²) and Almoloya (28 km²) silver-gold projects in Chihuahua, Mexico.
The data supports precise drill hole positioning, a new 3D geological model at Las Coloradas, and targeting along a 4.5 km mineralized trend.
Kingsmen Resources (OTCQB: KNGRF) has commenced a fully funded 2026 drilling program at its Las Coloradas silver-gold project, Parral district, Chihuahua, Mexico.
The program targets follow-up of 2025 discoveries with an initial 18 holes, a first-pass 6,000 metres of core drilling and a planned additional 5,000 metres, including testing the new Saddle target ~5 km west.
Kingsmen Resources (OTCQB: KNGRF) has exercised its option to acquire a 100% interest in the Claudia 2 claim at the Las Coloradas silver-gold project in Parral, Chihuahua, Mexico, free of any NSR royalty. The acquisition expands district-scale tenure, adds a never-drilled Saddle target ~5 km from the Las Coloradas core, and secures extensions to the Soledad and Soledad II vein systems. Geochemical prospecting shows multi-element anomalies. An upcoming drill program will test the Saddle target alongside high-priority 2025 follow-up targets.
Kingsmen Resources (OTCQB: KNGRF) closed an upsized bought-deal financing on February 11, 2026 and is fully funded to accelerate exploration at its 100%‑owned Las Coloradas and Almoloya projects in Chihuahua, Mexico.
Planned 2026 work includes step‑out and deeper drilling on the Soledad and Soledad II veins (~700 m of Soledad untested), new targets at Saddle and Silvia/La Plata, and initial diamond drilling at the Juliettas structures and reconnaissance at the historic Cigarrero mine.
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.