Kingsmen Resources – 15,000 Meter Drill Program This Year At Las Coloradas and Almoloya Projects

Scott Emerson, President and CEO of Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) joins me for a visual overview of the company exploration initiatives at their 2 silver and gold projects, Las Coloradas and Almoloya, located in the Parral District, in Chihuahua, Mexico.

 

>> To view the VIDEO version of this interview click below: https://youtu.be/GFGX6VW7thI

 

We start off with Scott sharing some of the background on how this company came together over the last few years, where he consolidated 15 mining concessions around the prior-producing Las Coloradas Mine to form their flagship Las Coloradas Project, and ensure that their land package has district-scale size potential.  After a few years of work consolidating the land, sampling and mapping, and reviewing historical data from Asarco, the Company drilled its maiden 3,000-meter reconnaissance drill program in 2025; with 12 holes that encountered broad intercepts and contained pockets of high-grade silver and gold mineralization for follow-up drilling. There are also a few compelling regional targets that will be drilled this year.

 

The company has raised capital to go after a 15,000 meter follow-up program at both their Las Coloradas Project and initial drilling at the Almoloya Gold/Silver Project.

 

 Las Coloradas High Grade Silver Project

 

• Step-out and deeper drilling planned on the high-grade Soledad and Soledad II vein systems
• Approximately 700 metres of the Soledad structure remains to be tested
• Significant discovery potential in the largely undrilled (1 hole) 1.7 km Soledad II structure
• New priority drill targets emerging at Saddle and Silvia/La Plata zones
• Multiple large-scale, largely untested targets highlight district-scale discovery potential at Las Coloradas

 

Almoloya Gold/Silver Project

• Initial diamond drilling planned on the gold-rich Juliettas structures
• District-scale CRD and oxide potential identified at Cigarrero Mine área
• Both projects located in prolific mining districts with geological similarities to major silver-gold deposits in Mexico

 

Wrapping up Scott highlights the financial health of the company, the closing of the upsized bought deal financing in January, continued support from key stakeholders, the pattern of raising money at higher and higher valuations, the ability of in-the-money warrants to potentially bring in more funds.  We also discuss the value in the 1% royalty on GoGold’s Los Ricos North, which if purchased back would bring in more non-dilutive capital.  Scott reiterated that the future value creation will be determined with the drill bit, and the Company is cashed up well to execute on this exploration program, and will remain drilling for the balance of this year.

 

 

If you have any questions for Scott regarding Kingsmen Resources, then please email those to me at [email protected].

 

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