SILVER GOLD STOCK KINGSMEN (TSXV: KNG) REPORTS HIGH GRADE GOLD SAMPLES ON SOUTH BLOCK OF ITS GOLD/SILVER ALMOLOYA PROJECT IN THE PARRAL MINING DISTRICT, CHIHUAHUA

Core Viewpoint - Kingsmen Resources Ltd. has reported high-grade gold samples from its Almoloya project in the Parral mining district of Chihuahua, Mexico, indicating significant exploration potential and the presence of a robust mineralization system [3][6][15]. Group 1: Project Overview - The Almoloya project is 100% owned by Kingsmen and is located 30 km west of the Las Coloradas silver project, encompassing historically significant mines such as Cigarrero and Las Juliettas [3][15]. - The project represents a consolidation of previously fragmented claims, providing a contiguous land package with extensive historical data available for future exploration [13][15]. Group 2: Sampling Results - A total of 527 samples were collected from historic underground workings and surface samples, revealing significant gold values over approximately 500 meters [4][6]. - Notably, one sample returned a high grade of over 34.1 g/t gold over 0.5 meters, with additional samples showing values ranging from 1.14 to 5.9 g/t and 0.13 to 1.02 g/t gold [6][10]. - The presence of structurally controlled high-grade gold mineralization at the Juliettas prospect suggests high exploration potential, with ongoing sampling planned for the South Block [6][15]. Group 3: Geological Characteristics - The identified structures range from 50m to 400m in length, up to 1.2m wide, and extend to depths of 200m, with gold mineralization associated with various minerals including calcite, dolomite, and pyrite [4][6]. - The host rock is primarily limestone, exhibiting moderate to strong marbling and recrystallization, which is conducive to mineralization [4][6]. Group 4: Company Strategy and Future Outlook - The company aims to leverage the high gold values from the Almoloya project to identify new targets and drive growth and value creation for shareholders [6][15]. - Kingsmen Resources is focused on unlocking the potential of its two 100%-owned precious-metal districts, with both projects situated in a historically productive silver belt [15].