Kingsmen Resources confirms continuity of mineralization at Las Coloradas Project, Mexico
Kingsmen Resources Ltd. [TSXV: KNG; OTCQB: KNGRF; FSE: TUY] reported assays from diamond drill holes LC-25-005, LC-25-006 and LC-25-007 drilled on the Soledad mineralized structure at the Las Coloradas Project, Mexico. Assays from hole LC-25-010, drilled as an undercut to LC-25-005, were previously reported on September 24, 2025.
Highlights: LC-25-005: 15.7 metres at 74 g/t AgEq (46 g/t Ag) in alteration zone (107.5-123.2m), including: Upper zone: 704 g/t AgEq (460 g/t Ag) over 0.35 metres (108.5 – 108.85m). Lower zone: 1,379 g/t AgEq (848 g/t Ag and 0.87 g/t Au) over 0.6 metres (115.6-116.2m).
Increasing width and grade of the silver mineralization in LC-25-010 (previously reported) clearly show the potential at depth for untested significant high grade silver mineralization: 1,028 g/t AgEq over 1.45 metres (455 g/t Ag) from 190.25-191.70 mettres, including 1,742 g/t AgEq over 0.70 metres (770 g/t Ag) from 190.85- 191.55 metres.
Holes LC-25-006 and LC-25-007 intersected old workings where the Soledad mineralization had been mined out by ASARCO. This accounts for the absence of Soledad mine mineralization in hole LC-25-006 and LC-25-007
High-grade silver intersection in LC-25-006, and the high-grade silver and gold intersections in LC-25-007, coupled with wide alteration show, show potential for untested silver and gold mineralization along strike and at depth
President, Scott Emerson, commented, “Holes LC-25-005 and LC-25-010 show the significant silver mineralization is increasing in width and is open at depth and on strike. As well, the high-grade silver intersection in LC-25-006, and the high-grade silver and gold intersections in LC-25-007, show untested potential along strike and at depth. These four holes confirm continuity of mineralization that is open along strike and at depth.“
LC-25-010, drilled as an undercut, intersected a 13.5 metre wide zone grading 64.3 g/t silver (178.35-191.70m) including 1.45 metres grading 455 g/t silver (190.25-191.70m) and 0.7 metres grading 770 g/t silver.
The intersection is approximately 70 metres down dip and below the intersection in LC-25-005. In common with the other holes the mineralization contains high levels of zinc and lead, as well as anomalous levels of pathfinder elements arsenic, bismuth and antimony as well as indium. Significant gold of 0.60 g/t is associated with an arsenopyrite rich zone.
Hole LC-25-005 intersected two zones of high-grade silver within a 15.3-metre alteration zone. Upper zone: 460 g/t Ag over 0.35 metres (108.5 – 108.85m). Lower zone: 848 g/t Ag and 0.88 g/t Au over 0.6 metres (115.6-116.2m).
Both zones carry high levels of zinc and lead, as well as anomalous levels of pathfinder elements arsenic, bismuth and antimony. This unmined mineralization is interpreted to be part of the Soledad zone mineralization that was mined by ASARCO.
True width cannot be determined at this time and reported widths are drilled intervals.
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 km southeast of the city of Hidalgo de Parral and 40 km 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.
Kingsmen Resources is focused on unlocking the potential of two 100%-owned precious-metal districts Las Coloradas and Almoloya located in the historic Parral region of Chihuahua, Mexico, one of the most productive silver belts in the world.
Both projects cover past-producing high-grade silver and gold mines and lie directly on the structural corridors that host many of Mexico’s most notable silver-gold deposits. Recent drilling at Las Coloradas has confirmed new zones of shallow, high-grade mineralization and highlighted the potential for multiple parallel structures across an 4.5-kilometre trend.
At Almoloya, historic drilling, extensive underground workings, and multiple vein systems point to strong potential for both vein-hosted and carbonate-replacement style mineralization. Kingsmen also owns a 1% NSR royalty on the La Trini claims within GoGold Resources’ Los Ricos North project in Jalisco State, Mexico.
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