Kingsmen Resources Reports Significant Mineral Results from Soledad Mine Area

Kingsmen Resources Ltd. has reported significant multi-element assay results from rock samples collected in and around the historically mined Soledad mine area, located within its Las Coloradas project in Chihuahua, Mexico. The analyses confirmed high-grade silver mineralization alongside gold, lead, zinc, and copper.

The results from the Soledad mine area, which was previously mined by ASARCO between 1944 and 1952, show compelling silver equivalent values that significantly exceed silver grades, reflecting a complex mineralization composed of silver, lead, zinc, gold, and copper. The mineralization is hosted in quartz-calcite veins within structures cutting all rock types. The Soledad structure/vein system, as currently recognized, extends approximately 1.7 km, with historical underground workings on the south end reaching over 250 meters along strike and to a vertical depth of approximately 125 meters on four levels.

These newly reported analyses suggest that the mineralization at Soledad likely continues at depth below the historical mine's water table. The widths of sampled mineralization ranged from 0.5 to 1.3 meters where accessible in old workings. Crucially, these mineralized structures have not been explored by drilling. Kingsmen noted strong similarities to the mineralization found in the Santa Barbara mine, operated by Grupo Mexico, which features larger vein systems with significant vertical extensions.

Scott Emerson, President of Kingsmen Resources, stated that the results confirm the potential for substantial mineralization in the district, indicating areas for further exploration. The company is proceeding with a systematic exploration approach and intends to drill-test the identified mineralized structures and any newly identified zones.