Kingman Announces Drone Magnetometer Survey at Historic Mohave Gold Project & Completion of NI 43-101 Report

Core Insights - Kingman Minerals Ltd. is advancing exploration activities at its Mohave Gold Project in Arizona, despite delays caused by the recent U.S. government shutdown [2][4] - The company is engaging a contractor for a high-resolution drone-based magnetometer survey to gather detailed subsurface information, which is crucial for refining drill targets [3][4] - Kingman has raised gross proceeds of $2,112,953, ensuring full funding for ongoing exploration efforts [4] Exploration Activities - The company is proactively pursuing alternative exploration initiatives during the government shutdown to maintain value generation and geological insight [2] - The upcoming drone survey is expected to commence in the coming weeks, with results anticipated shortly thereafter, which will guide future exploration phases [4][5] Technical Reporting - An updated NI 43-101 compliant technical report on the property has been completed and will be available on SEDAR+ upon approval [5][6] - The technical information has been prepared in accordance with Canadian regulatory requirements and reviewed by a qualified person [6] Company Background - Kingman Minerals Ltd. focuses on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [7] - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development already completed [7]