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Kingsmen Resources consolidates silver-gold assets in Mexico
Kingsmen Resources (TSXV: KNG) has consolidated several former producing brownfield properties in the Parral District of Chihuahua, Mexico, under a single entity. The company reports having over 13 million CAD in cash and a capital structure consisting of 34.5 million shares.
At the Las Coloradas flagship project, recent drilling results identified silver equivalent grades of up to 931 g/t over 1.60 meters. The current drilling program is focused on testing the Soledad and Soledad II vein systems, as well as tectonic structural intersections, to expand known silver mineralization.
The company is also developing the Almoloya project, where historical mining ceased in the 1920s due to groundwater levels, leaving underlying sulfide and CRD systems untouched. A primary drilling program for Almoloya is scheduled to begin in the first quarter of 2027.
Entities
Almoloya · Chihuahua · Kingsmen Resources · Las Coloradas · Parral District
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The first drilling program at Almoloya is planned for the first quarter of 2027. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] Mining at the Almoloya project stopped in the 1920s at the groundwater limit. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] The current drilling program targets the Soledad and Soledad II vein systems. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] Kingsmen Resources has consolidated former producing brownfield properties in the Parral District of Mexico. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] Drilling at Las Coloradas showed up to 931 g/t silver equivalent over 1.60 meters. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] Kingsmen Resources has 34.5 million shares outstanding. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] The company holds over 13 million CAD in cash. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] Historical mining at the Almoloya project stopped in the 1920s at the groundwater limit. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] The first drilling program for Almoloya is planned for the first quarter of 2027. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de
- [● 3 SOURCES] The company has 34.5 million shares outstanding. neue-pressemitteilungen.de · schlaunews.de · www.mittelstandcafe.de