Kingsmen Resources Continues Drilling at Las Coloradas Silver Project in Mexico

Kingsmen Resources Ltd. has continued its drilling operations at its Las Coloradas silver-gold project located in Chihuahua, Mexico. The company has initiated its 2026 drilling program, focusing on the Soledad, Soledad II, and Saddle zones.

The Las Coloradas project is situated within the historically significant Parral Mining District, an area known for silver and gold production spanning over 400 years. Kingsmen's consolidated land package presents opportunities for modern exploration in areas that have not been previously explored using contemporary geoscience. The project area exhibits epithermal vein, skarn, and porphyry targets.

The company has previously reported several promising drill results from Las Coloradas. According to recent releases in September 2026, drill hole LC-26-020 intersected a new structure, yielding 6.45 meters of mineralization grading 218 g/t silver equivalent (AgEq), including a 1.95-meter interval averaging 338 g/t AgEq. In August 2026, drill holes LC-26-014 and LC-26-015 are understood to have expanded a high-grade silver zone, stepping out 90 to 96 meters down-dip from historical ASARCO workings.

Kingsmen Resources also holds the Almoloya project in the same region, which has a history of production. The Cigarrero Mine at Almoloya previously produced over 1.25 million tonnes grading 12 g/t gold. The company is currently focused on advancing Las Coloradas through its ongoing drill program, while exploration at Almoloya continues.