Kingsmen Resources Ltd. has announced key developments at its Las Coloradas silver project in Mexico's Parral mining district. The company recently secured a $1.1 million capital raise through a non-brokered private placement and maintains $2 million in working capital. With 28 million shares outstanding, Kingsmen has initiated a 14-hole drill program targeting high-grade silver deposits. The project shows promising potential with 3D IP geophysical surveys revealing expanded 1.7km mineralized zones and surface samples yielding up to 600 grams of silver. The company is backed by a top-tier exploration team and aims to revitalize this past-producing mine.
Kingsmen Resources Ltd. ha annunciato sviluppi importanti nel suo progetto Las Coloradas, situato nel distretto minerario di Parral in Messico. Recentemente, la societ脿 ha raccolto 1,1 milioni di dollari attraverso un collocamento privato senza intermediari e dispone di 2 milioni di dollari di capitale operativo. Con 28 milioni di azioni in circolazione, Kingsmen ha avviato un programma di perforazione composto da 14 fori, mirato a depositi di argento ad alta concentrazione. Il progetto mostra un potenziale promettente grazie a indagini geofisiche 3D IP che hanno evidenziato zone mineralizzate estese per 1,7 km, mentre i campioni di superficie hanno restituito fino a 600 grammi di argento. La societ脿 猫 supportata da un team di esplorazione di alto livello e punta a rilanciare questa miniera gi脿 produttiva in passato.
Kingsmen Resources Ltd. ha anunciado avances clave en su proyecto de plata Las Coloradas, ubicado en el distrito minero de Parral, M茅xico. La compa帽铆a asegur贸 recientemente una financiaci贸n de 1,1 millones de d贸lares mediante una colocaci贸n privada sin intermediarios y mantiene 2 millones de d贸lares en capital de trabajo. Con 28 millones de acciones en circulaci贸n, Kingsmen ha iniciado un programa de perforaci贸n de 14 pozos dirigido a dep贸sitos de plata de alta ley. El proyecto muestra un potencial prometedor, con encuestas geof铆sicas 3D IP que revelan zonas mineralizadas ampliadas de 1,7 km y muestras superficiales que alcanzan hasta 600 gramos de plata. La empresa cuenta con un equipo de exploraci贸n de primer nivel y tiene como objetivo revitalizar esta mina que produc铆a en el pasado.
Kingsmen Resources Ltd. a annonc茅 des avanc茅es majeures sur son projet d'argent Las Coloradas, situ茅 dans le district minier de Parral au Mexique. La soci茅t茅 a r茅cemment lev茅 1,1 million de dollars via un placement priv茅 sans interm茅diaire et dispose de 2 millions de dollars en fonds de roulement. Avec 28 millions d'actions en circulation, Kingsmen a lanc茅 un programme de forage de 14 trous ciblant des gisements d'argent 脿 haute teneur. Le projet pr茅sente un potentiel prometteur, des lev茅s g茅ophysiques 3D IP r茅v茅lant des zones min茅ralis茅es 茅tendues sur 1,7 km, tandis que des 茅chantillons de surface ont donn茅 jusqu'脿 600 grammes d'argent. L'entreprise est soutenue par une 茅quipe d'exploration de premier ordre et vise 脿 revitaliser cette mine autrefois en production.
Kingsmen Resources Ltd. hat wichtige Entwicklungen bei seinem Silberprojekt Las Coloradas im Bergbaudistrikt Parral in Mexiko bekannt gegeben. Das Unternehmen sicherte sich k眉rzlich eine Kapitalerh枚hung von 1,1 Millionen US-Dollar durch eine nicht vermittelte Privatplatzierung und verf眉gt 眉ber 2 Millionen US-Dollar Betriebskapital. Mit 28 Millionen ausstehenden Aktien hat Kingsmen ein Bohrprogramm mit 14 Bohrl枚chern gestartet, das auf hochgradige Silberlagerst盲tten abzielt. Das Projekt zeigt vielversprechendes Potenzial: 3D-IP-Geophysik-Studien enth眉llten erweiterte mineralisierte Zonen von 1,7 km L盲nge, und Oberfl盲chenproben ergaben bis zu 600 Gramm Silber. Das Unternehmen wird von einem erstklassigen Explorationsteam unterst眉tzt und strebt die Wiederbelebung dieser ehemals produzierenden Mine an.
Positive
Successfully raised $1.135 million through non-brokered private placement
Strong working capital position of $2 million
Surface samples showing high-grade silver potential up to 600 grams
Expanded mineralized zones spanning 1.7km identified through 3D IP surveys
Lean share structure with only 28 million shares outstanding
Negative
None.
"Our vision is to be the preeminent explorer in the Parral mining district"- Scott Emerson, President & CEO
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 30, 2025) - , a global investor news source covering mining and metals stocks releases a new episode of the . Host Cali Van Zant talks with Scott Emerson, President & CEO of (TSXV: KNG) (OTCQB: KNGRF).
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Today's episode uncovers Kingsmen Resources' big moves at the Las Coloradas silver project in Chihuahua's prolific Parral mining district! CEO Scott Emerson talks about their $1.1 million capital raise, a 14-hole drill program targeting high-grade silver and share structure as key points.
With 3D IP geophysical surveys, expanded 1.7km mineralized zones, and surface samples up to 600 grams, this past-producing mine is ready for a comeback. Supported by a top-tier team, Kingsmen's 2025 drilling campaign could unlock one of Mexico's next big silver finds!
Listen to the podcast:
Watch on YouTube:
Key takeaways from interview:
28 Million Shares outstanding to date.
Drilling Commenced at Las Coloradas Project ()
Kingsmen recently reported closing $1,135,000 in Non-Brokered Private Placement
Working Capital $2Million
Top-tier Exploration team .
Corporate Presentation
About Las Coloradas
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 kilometers southeast of the city of Hidalgo de Parral and 40 kilometers 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. As well, new major mining projects are currently being explored in the district; Cordero (Discovery Silver Corp.), 35 kms north of Parral, and La Cigarra (Kootenay Silver Inc.), 35 kms northwest of Parral. Click here to see locator map:
About Kingsmen Resources
Kingsmen Resources is a mineral exploration company focused on advancing its 100% held Las Coloradas Project located in the prolific mining district of Parral Mexico. The project hosts the historic past producing high-grade silver mine, Las Coloradas. It is considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits. In addition, the company has a 1% NSR on the La Trini claims which forms part of the Los Ricos North project operated by GoGold Resources Inc. in Mexico. Kingsmen is a publicly-traded company (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) and is headquartered in Vancouver, British Columbia.
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FAQ
What is the current drilling program at Kingsmen Resources' Las Coloradas project?
Kingsmen Resources has commenced a 14-hole drill program at the Las Coloradas silver project in Mexico's Parral mining district, targeting high-grade silver deposits.
How much capital did Kingsmen Resources (KNGRF) recently raise?
Kingsmen Resources recently closed a non-brokered private placement raising $1,135,000.
What is Kingsmen Resources' (KNGRF) current share structure?
Kingsmen Resources has 28 million shares outstanding to date.
What are the notable exploration results from Kingsmen's Las Coloradas project?
The project has shown promising results with surface samples up to 600 grams of silver and expanded mineralized zones of 1.7km identified through 3D IP geophysical surveys.
How much working capital does Kingsmen Resources (KNGRF) have?
Kingsmen Resources maintains $2 million in working capital.
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