Kingsmen Resources reports high-grade silver at Las Coloradas

Kingsmen Resources has reported high-grade silver intersections at its Las Coloradas Project located in the Parral mining district of Mexico. Recent step-out drilling from two holes, LC-26-014 and LC-26-015, confirmed the extension of the Mine zone mineralization.

Hole LC-26-014 returned 1.4m at 433g/t silver equivalent (AgEq), while hole LC-26-015 returned 1.7m at 185g/t AgEq. The drilling has extended the mineralization across a minimum strike length of 106m to a vertical depth of 155m. The company noted that the mineralization remains open both at depth and along the strike.

These results represent a small portion of the 8.5km2 project area. President Scott Emerson stated that the company is seeing mineralization similar to what was historically mined in the district, which previously included mines operated by ASARCO. The project is situated in the Central Mexican Silver Belt, approximately 30km southeast of Hidalgo de Parral.