Kingsmen Resources Commences Drilling at Las Coloradas Silver Project

Kingsmen Resources Ltd. has commenced a drilling program at its Las Coloradas silver and gold project, located in the Parral Mining District of Chihuahua, Mexico. This marks a significant step in the company's exploration efforts at the project, which it has been actively acquiring and developing.

Over recent years, Kingsmen Resources has undertaken several exploration initiatives at the Las Coloradas project. These included acquiring total ground magnetic coverage of the area, conducting 3D IP surveys, and performing multi-element sampling. The company has also occupied drill pads and reported significant silver grades from surface sampling, alongside progress updates for its Almoloya project.

During this period, Kingsmen Resources also successfully raised capital through multiple private placements. These financing rounds have funded the company's exploration and development activities, enabling the commencement of drilling programs aimed at further unlocking the project's mineral potential.

The Las Coloradas project is situated in a historic mining district where Kingsmen Resources has expanded its land position and identified new targets, such as the Silvia La Plata zones. Previous analyses from the Soledad mine area have also yielded notable results, indicating further discovery potential.