Kingsmen Resources Reports High Silver Grades from Mexican Project

Kingsmen Resources Ltd. has reported new results from its ongoing surface sampling program at the Las Coloradas project in Chihuahua, Mexico. The company stated that assays from 24 samples returned values up to 448 grams per tonne of silver.

The sampling focused on historical mine workings along the Soledad and Soledad II structures in the southeastern part of the project area. This region, located approximately 30 kilometers from Hildago de Parral, was historically mined by ASARCO, a U.S. subsidiary of Grupo Mexico.

According to the company, three areas with high-grade silver values were identified within the northwest part of the Soledad structure. Prospecting and sampling activities are continuing in the area. The results, combined with previous findings, suggest significant silver mineralization over a distance of approximately 1.6 kilometers along the Soledad structure, Kingsmen stated.

The Las Coloradas project spans 8.5 square kilometers and is situated in the Parral mining district, known for its historical silver and gold production. The project area includes numerous former mines previously operated by ASARCO. Several other mining companies are also exploring in the vicinity, including Discovery Silver Corp. and Kootenay Silver Inc.