Kingsmen Resources Ltd Drilling Confirms Continuity of Mineralization 70 Meters Down-Dip Cuts 15.7m @ 74 g/t Ag Eq Incl. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m

Core Insights - Kingsmen Resources Ltd. has reported significant silver mineralization from recent diamond drill holes on the Soledad mineralized structure, indicating potential for further exploration and development [1][3]. Summary by Sections Drill Results - Holes LC-25-005, LC-25-006, and LC-25-007 were drilled to explore the Soledad mineralization at depth, confirming continuity of mineralization that is open along strike and at depth [3][4]. - Hole LC-25-010 intersected a 13.5-meter wide zone grading 64.3 g/t silver, including high-grade intersections of 455 g/t silver over 1.45 meters and 770 g/t silver over 0.7 meters [4][7]. - Hole LC-25-005 intersected two zones of high-grade silver within a 15.3-meter alteration zone, with significant grades of 704 g/t silver over 0.35 meters and 1379 g/t silver over 0.6 meters [5][7]. Mineralization Characteristics - The mineralization in the reported holes contains high levels of zinc and lead, along with anomalous levels of pathfinder elements such as arsenic, bismuth, and antimony [4][9]. - The geological sequence consists of variably sheared and interbedded arenite and lutite, with alteration comprising green chlorite-epidote-nontronite and sericite with pyrite-calcite veinlets [3][6]. Exploration Potential - The high-grade silver and gold intersections in holes LC-25-006 and LC-25-007, along with the wide alteration zones, indicate untested potential for additional mineralization along strike and at depth [3][10]. - The Soledad zone has been previously mined by ASARCO, but the current drilling has identified unmined mineralization that could enhance the resource potential [6][10]. Company Overview - Kingsmen Resources is focused on exploring and developing its 100%-owned precious-metal districts, including Las Coloradas and Almoloya, located in a historically productive silver belt in Mexico [28][26]. - The company aims to unlock the potential of these districts, which cover past-producing high-grade silver and gold mines [28].