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Kingsmen Updates Drilling Progress at Las Coloradas Silver Project in Chihuahua, Mexico

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Kingsmen Resources (OTCQB: KNGRF) has completed its maiden drilling program at the Las Coloradas silver project in Mexico's Parral mining district, executing 12 core holes totaling 3,227.2 meters. The program focused on testing silver mineralized zones on the Soledad and Soledad II structures, along with geophysically identified targets.

The drilling campaign validated the company's geological model by confirming that mineralization extends along strike and beneath the water table. The program tested limited segments of the Soledad (1.6 km) and Soledad II (1.2 km) structures, with significant portions still remaining unexplored. The drill rig remains on site pending assay results and geological data compilation.

Kingsmen Resources (OTCQB: KNGRF) ha portato a termine il suo primo programma di perforazione presso il progetto argentifero Las Coloradas, nel distretto minerario di Parral in Messico, realizzando 12 fori di sondaggio per un totale di 3.227,2 metri. Il programma si è concentrato sul test di zone mineralizzate d'argento sulle strutture Soledad e Soledad II, oltre che su bersagli individuati tramite geofisica.

La campagna di perforazione ha confermato il modello geologico della società, dimostrando che la mineralizzazione si estende lungo lo strike e sotto la falda acquifera. Sono stati testati tratti limitati delle strutture Soledad (1,6 km) e Soledad II (1,2 km), mentre rimangono ancora vaste porzioni inesplorate. La trivella è rimasta sul sito in attesa dei risultati degli assay e della compilazione dei dati geologici.

Kingsmen Resources (OTCQB: KNGRF) ha completado su primer programa de perforación en el proyecto de plata Las Coloradas, en el distrito minero de Parral, México, realizando 12 pozos de sonda que suman 3.227,2 metros. El programa se centró en probar zonas mineralizadas de plata en las estructuras Soledad y Soledad II, además de objetivos identificados mediante geofísica.

La campaña de perforación validó el modelo geológico de la compañía, confirmando que la mineralización se extiende a lo largo del rumbo y por debajo del nivel freático. Se probaron segmentos limitados de las estructuras Soledad (1,6 km) y Soledad II (1,2 km), quedando aún por explorar grandes tramos. La plataforma de perforación permanece en el sitio a la espera de los resultados de los ensayos y la compilación de los datos geológicos.

Kingsmen Resources (OTCQB: KNGRF)ëŠ� 멕시ì½� 파랄 광구ì� ë¼ìФ 콜로ë¼ë‹¤ìŠ� ì€ í”„ë¡œì íЏì—서 ì²� 시추 프로그램ì� 마치ê³� ì´� 3,227.2미터ì� 코어홀 12ê°�ë¥� 완료했습니다. ì� í”„ë¡œê·¸ëž¨ì€ Soledad ë°� Soledad II 구조ì� ì€ ê´‘í™”ëŒ€ì™€ 지구물리학ì ìœ¼ë¡� 확ì¸ë� 표ì ì� 시험하는 ë� 중ì ì� ë‘었습니ë‹�.

시추 캠페ì¸ì€ 광물화가 연장선ìƒìœ¼ë¡œ ë°� 지하수ë©� 아래ë¡� ì´ì–´ì§„다ëŠ� ì ì„ 확ì¸í•˜ë©° 회사ì� ì§€ì§� 모ë¸ì� ê²€ì¦í–ˆìŠµë‹ˆë‹�. Soledad(1.6km) ë°� Soledad II(1.2km) 구조ì� ì¼ë¶€ë¶„ë§Œì� 시험ë˜ì—ˆìœ¼ë©°, 여전íž� ë„“ì€ êµ¬ê°„ì� 미개ë°� ìƒíƒœë¡� 남아 있습니다. 시추 장비ëŠ� ë¶„ì„ ê²°ê³¼ì™€ ì§€ì§� ìžë£Œ 정리ë¥� 기다리며 현장ì—� 남아 있습니다.

Kingsmen Resources (OTCQB: KNGRF) a achevé son premier programme de forage sur le projet argentifère Las Coloradas, dans le district minier de Parral au Mexique, en réalisant 12 trous de carottage totalisant 3 227,2 mètres. Le programme visait à tester des zones minéralisées en argent sur les structures Soledad et Soledad II, ainsi que des cibles identifiées par géophysique.

La campagne de forage a validé le modèle géologique de la société en confirmant que la minéralisation se prolonge le long du pendage et sous la nappe phréatique. Le programme n'a testé que des segments limités des structures Soledad (1,6 km) et Soledad II (1,2 km), de nombreuses portions restant encore inexplorées. La foreuse est restée sur site en attendant les résultats des analyses et la compilation des données géologiques.

Kingsmen Resources (OTCQB: KNGRF) hat sein erstes Bohrprogramm beim Silberprojekt Las Coloradas im Bergbaubezirk Parral in Mexiko abgeschlossen und 12 Kernbohrungen mit insgesamt 3.227,2 Metern durchgeführt. Das Programm konzentrierte sich auf die Erprobung von silbermineralisierten Zonen an den Strukturen Soledad und Soledad II sowie auf geophysikalisch identifizierte Ziele.

Die Bohrkampagne bestätigte das geologische Modell des Unternehmens, indem sie zeigte, dass die Mineralisierung entlang des Streichens und unterhalb des Grundwasserspiegels fortgesetzt wird. Getestet wurden nur begrenzte Abschnitte der Strukturen Soledad (1,6 km) und Soledad II (1,2 km), während große Bereiche noch unerforscht bleiben. Die Bohrplattform verbleibt vor Ort, bis die Analyseergebnisse und die geologischen Daten ausgewertet sind.

Positive
  • Successful completion of maiden 3,227.2-meter drill program across 12 holes
  • Initial confirmation that mineralization extends along strike and beneath water table
  • Strategic location in the productive Parral mining district near operating mines
  • Large unexplored potential with significant lengths of structures remaining untested
Negative
  • No assay results available yet from the drilling program
  • Lack of historical underground mine workings maps increases operational complexity
  • Limited testing of short segments of the available structure length

Vancouver, British Columbia--(Newsfile Corp. - August 26, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to update drilling progress on its 100% owned Las Coloradas silver project. The Las Coloradas project is in the Parral mining district of the Central Mexican Silver Belt, Chihuahua Mexico.

Kingsmen has completed 3,227.2 meters of drilling in 12 core holes (Figure 1; Table 1). The drill program tested silver mineralized zones on the Soledad and Soledad II structures, as well as targets identified by geophysical surveying (induced polarization-resistivity, ground magnetics) of prospective geology.

Kingsmen's prior sampling of residual mineralization in old workings on the Soledad and Soledad II structures/vein systems yielded significant silver grades and, locally, anomalous gold values. These targets have never been drilled. As well, geophysical surveying (induced polarization-resistivity, ground magnetics) of prospective geology generated drill targets.

The drill program only tested short segments of the Soledad (1.6 km) and Soledad II (1.2 km) structures/vein systems. There are no maps of the old underground mine workings on the two structures and no maps of the geology of the workings exist. The drill holes were positioned to test the mineralized structures and map the geology while minimizing the risk of drilling into old workings.

Holes 5, 6, 7 and 10 tested a 100-meter length of the Soledad system centered on the Soledad shaft. Holes 9 and 11 tested the structure in the area of the Rosario shaft. Holes 2,3 and 4 tested a 50-meter segment of the Soledad structure/vein system in the DBD target. Hole 12 tested under old workings on the Soledad II structure/vein system. Holes1 and 8 tested a geological/geophysical target. The target was the intersection of NW-trending and NE-trending structures/vein systems, in an area of high chargeability and resistivity on an interpreted NW-trending magnetic structure.

President, Scott Emerson commented, "We are pleased with the completion of our maiden drill program at the past producing Las Coloradas silver mine, Parral mining district. The team did an exceptional job completing just over 3,200 meters in 12 drill holes.The objective of our drill program was to test our theory that mineralization extends along strike and beneath the water table; the drilling to date confirmed this objective has been met. The program focused on short segments of the Soledad and Soledad II structures/vein systems and an adjacent geological/geophysical target. Significant lengths of these systems remain to be drill tested along with the Saddle target and targets in the Silvia and La Plata zones. This drilling program significantly validates the geological model and supports the potential that we have a discovery. The Parral mining district of the Central Mexican Silver Belt has significant silver production, including long term operating mines Santa Barbara and San Francisco del Oro, both located near Las Coloradas. The drill rig remains on site pending receipt of all assays and compilation of geological data."

QAQC
The drill core (HQ size) is currently being geologically logged and sampled. The full drill core is sawn with a diamond blade rock saw. One half of the sawn drill core is bagged and tagged for analysis. The remaining half portion is returned to the drill core tray and stored. Bagged samples are securely stored prior to submission for analysis. Samples are being submitted to ALS Geochemistry-Chihuahua for multielement analysis following four-acid digestion (code ME-MS61), and gold by fire assay-AA (code Au-AA23). Quality assurance and quality control (QA/QC) is maintained by the systematic insertion of certified standard reference materials (CSRM), blanks and duplicates into the sample stream. Assay results will be announced following receipt, compilation and confirmation. 

Figure 1

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Table 1

Hole_ID Easting Northing Elevation Az Dip EOH
LC-25-001 464675 2964907 1630 185 -50 594.00
LC-25-002 464161 2964857 1634 190 -50 201.00
LC-25-003 464161 2964857 1634 190 -70 200.35
LC-25-004 464122 2964879 1634 200 -45 203.45
LC-25-005 464770 2964455 1661 220 -60 248.45
LC-25-006 464804 2964418 1660 220 -60 152.85
LC-25-007 464731 2964485 1662 220 -60 167.60
LC-25-008 464731 2964485 1660 337 -70 506.80
LC-25-009 464669 2964549 1660 220 -75 215.65
LC-25-010 464864 2964572 1651 220 -45 269.45
LC-25-011 464669 2964549 1660 250 -45 315.80
LC-25-012 463522 2964744 1640 45 -45 151.80​

 

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. Click here to see locator map: .

Qualified Person
Kieran Downes, Ph.D., P.Geo., a director of Kingsmen and Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.

About Kingsmen Resources
Kingsmen Resources is a mineral exploration company focused on advancing its 100% held projects,the Las Coloradas silver/gold project and Almoloya gold/silver project located in the prolific mining district of Parral Mexico. The projects host historic past producing high-grade silver mines. They are 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 form 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.

On behalf of the Board,
Signed: "Scott Emerson"

Scott Emerson, President & CEO
Phone: 6046859316
Email: [email protected]
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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FAQ

What are the key results from KNGRF's Las Coloradas drilling program in 2025?

Kingsmen completed 12 core holes totaling 3,227.2 meters, confirming mineralization extends along strike and beneath the water table. Specific assay results are pending.

How much of the Las Coloradas silver project has Kingsmen explored through drilling?

The program tested limited segments of the Soledad (1.6 km) and Soledad II (1.2 km) structures, with significant portions still remaining unexplored, including the Saddle target and Silvia and La Plata zones.

What is the ownership structure of KNGRF's Las Coloradas project?

Kingsmen Resources owns 100% of the Las Coloradas silver project, located in the Parral mining district of the Central Mexican Silver Belt, Chihuahua Mexico.

What is the next step for Kingsmen Resources at Las Coloradas?

The drill rig remains on site while the company awaits assay results and completes geological data compilation to determine next steps. Core samples are being analyzed at ALS Geochemistry-Chihuahua.
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