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Kingsmen Hits 270 g/t AgEq Over 1.3 m in 1.5 km Step-Out on Parallel Structure at Las Coloradas

  • Kingsmen Resources
  • 22 hours ago
  • 11 min read

Vancouver, British Columbia--(January 8, 2026) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report assays from three diamond drill holes at its Las Coloradas silver-gold project, Chihuahua, Mexico.


Key Results: 

Drillhole LC-25-012 is the first hole testing the +1 km long Soledad II vein/structure. The hole was drilled approximately 1.5 km northwest of the Soledad discovery (which returned 1.45 m @ 1,028 g/t AgEq; reported September 24, 2025). Highlights include: 

  • 4.8 m @ 90 g/t AgEq (52.6 g/t Ag) from 56.7 m, including: 

    • 1.3 m @ 270 g/t AgEq (143 g/t Ag & 0.72 g/t Au) from 56.7 m, including: 

    • 0.8 m @ 360 g/t AgEq (220 g/t Ag & 0.223 g/t Au) from 57.2 m 


Drillhole LC-25-009 is a 70 m step-out from discovery hole LC-25-008 (which returned 1.6 m @ 931 g/t AgEq and 1.28 g/t Au). 


Results confirm: 

  • Extension of LC-25-008 mineralization intersected, demonstrating continuity 70 m along strike

  • Structure remains open and undrilled for 200 m to the south


President & CEO, Scott Emerson, commented: "These results demonstrate two critical factors for any discovery: grade and scale.

"On grade, hole LC-25-012 returned 270 g/t silver equivalent over 1.3 m in the first hole ever drilled on the Soledad II vein/structure (see Table 1) This follows our Soledad discovery intercept of 1,028 g/t silver equivalent over 1.45 m (see NR September 24, 2025). We are consistently intersecting high-grade mineralization across multiple structures.

"On scale, we have now confirmed significant mineralization in three separate structures-Soledad, Soledad II, and the newly identified No. 8-spanning a distance of 1.5 km northwest (see NR December 3,2025). The Soledad II structure alone extends over one km at surface, where rock chip sampling has returned values up to 352 g/t silver and 2.42 g/t gold. We have drilled one hole on a km of prospective structure.

"The combination of high-grade intercepts and multiple parallel and sub-parrel mineralized vein/structures is what distinguishes a district-scale system from an isolated vein. Las Coloradas is demonstrating both."


WHY THIS MATTERS: GRADE + SCALE

These results confirm two key attributes of an emerging district: high-grade mineralization and the scale to host multiple targets. The vein/structure systems targeted by Kingsmen occur in a NW-trending area approximately 2.5 km long and approximately 1 km wide. Kingsmen has now intersected significant mineralization in three separate structures. This is not a single vein-it is a mineralized system.


High-Grade Confirmed Across Three Structures

  • Soledad - Discovery hole returned 1,028 g/t AgEq over 1.45 m

  • Soledad II - First drill hole returns 270 g/t AgEq over 1.3 m (this release)

  • No. 8 Structure - New discovery 1.6 m @ 931 g/t AgEq and 1.28 g/t Au


Soledad II: A 1.5 km Step-Out with Km-Scale Potential

Hole LC-25-012 is the first hole drilled on the Soledad II structure, located 1.5 km northwest of the original Soledad discovery. Surface sampling along the +1 km strike length has returned:

  • 352 g/t Ag & 0.71 g/t Au

  • 200 g/t Ag & 2.42 g/t Au

One hole has been drilled on a kilometre of prospective structure. Multiple targets remain untested.


Strike Continuity Confirmed at Rosario

Hole LC-25-009 extended mineralization 70 m along strike from discovery hole LC-25-008. The structure remains open and undrilled for 200 m to the south. Pathfinder geochemistry-including antimony, arsenic, bismuth, lead, and zinc-confirms the mineralizing system continues.


DETAILED DRILL DISCUSSION

Leona Target

Hole LC-25-012 is the first hole drilled on the +1 km-long Soledad II vein/structure. The hole was designed to test silver-gold mineralization beneath surface samples collected near the middle of the structure (Figures 1 and 2), which returned:

  • 352 g/t Ag & 0.71 g/t Au

  • 200 g/t Ag & 2.42 g/t Au

The hole intersected the mineralized structure at 56.7 m downhole, returning a 4.8 m wide zone dipping to the west (Figure 3, Table 1). This intersection confirms the potential of the Soledad II structure to host significant silver-gold mineralization, as first indicated by surface sampling. Anomalous silver and gold values extend along the full strike length of the structure, defining multiple targets for future drilling.


Table 1: LC-25-012 Assay Results

Hole ID

From (m)

To (m)

Width (m)

AgEq (g/t)

Au (g/t)

Ag (g/t)

Pb (%)

Zn (%)

LC-25-012

56.70

61.50

4.80

90

0.00

52

0.91

1.22

incl

56.70

58.00

1.30

270

0.72

143

2.45

3.42

incl

57.20

58.00

0.80

360

0.22

220

3.10

4.32


138.30

138.55

0.25

209

0.14

157

0.61

1.91

 

The silver equivalent calculation formula is AgEq(g/t) = ((Ag grade (g/t) x (Ag price per ounce/31.10348) x Ag recovery) + (Pb grade (%) x (Pb price per tonne/100) x Pb recovery) + (Zn grade (%) x (Zn price per tonne/100) x Zn recovery) + (Au grade (g/t) x (Au price per ounce/31.10348) x Au recovery)) / (Ag price per ounce/31.10348 x Ag recovery). The prices used were US$3675/oz gold, US$2960/t zinc, US$2003/t lead and US$42/oz silver. Recoveries are estimated at 40% for gold, 91% for lead, 85% for zinc and 92% for silver based on published figures by Kootenay Silver Inc. for sulphide mineralization in the Cigarra deposit, Chihuahua, Mexico, a deposit with similar style mineralization (https://kootenaysilver.com/news/kootenay/2024/kootenay-silver-announces-updated-mineral-resource-estimate-for-la-cigarra-project-chihuahua-mexico).


Rosario Target

Holes LC-25-009 and LC-25-011 were collared 90 m northwest of LC-25-008 to test mineralization in the vicinity of the historic Rosario shaft (Figure 4).


Hole LC-25-009 targeted the mineralised structure intersected in LC-25-008, which returned 200 g/t AgEq & 0.28 g/t Au over 10.5 m, including 931 g/t AgEq & 1.28 g/t Au over 1.60 m. The hole intersected the structure at 118.0 m downhole, including a 0.65 m zone of anomalous gold and silver (118.15-118.8 m) with elevated pathfinder elements (antimony, arsenic, bismuth, lead, zinc; Table 2). This intersection is interpreted as an extension of the LC-25-008 mineralization, located approximately 70 m along strike to the southeast. The structure remains open and undrilled for 200 m south of LC-25-008.


Hole LC-25-011 intersected a broad alteration/structural zone from 90.73-157.8 m. Three zones of anomalous geochemistry were identified, characterised by low silver values, sporadic gold (up to 0.76 g/t over 0.6 m), and strong pathfinder signatures including antimony, arsenic, bismuth, and zinc (Table 2). The Rosario mine structure is interpreted between 131.75-137.65 m. The presence of pathfinder geochemistry, narrow silver-gold intersections, and associated alteration confirms the potential for mineralization in this area.


QAQC

The drill core (HQ size) is currently being geologically logged and sampled. The full drill core is sawn with a diamond blade rock saw. One half of the sawn drill core is bagged and tagged for analysis. The remaining half portion is returned to the drill core tray and stored. Bagged samples are securely stored prior to submission for analysis. Samples are being submitted to ALS Geochemistry-Chihuahua for multielement analysis following four-acid digestion (code ME-MS61), and gold by fire assay-AA (code Au-AA23). Quality assurance and quality control (QA/QC) is maintained by the systematic insertion of certified standard reference materials (CSRM), blanks and duplicates into the sample stream. Assay results will be announced following receipt, compilation and confirmation. ALS Geochemistry operates under a Global Geochemistry Quality Manual that complies with ISO/IEC 17025:2017.


About Las Coloradas

The Las Coloradas Project (8.5 km²) consolidates a historic mining district covering numerous silver-gold-lead-zinc-copper mines previously operated by ASARCO. Located in the Parral mining district of the Central Mexican Silver Belt, approximately 30 km southeast of Hidalgo de Parral.

Recent drilling has confirmed new zones of shallow, high-grade mineralization and highlighted potential for multiple parallel structures across a 4.5 km trend.


Qualified Person

Kieran Downes, Ph.D., P.Geo., a director of Kingsmen and Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.


About Kingsmen Resources

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) is a discovery-driven explorer focused on unlocking the potential of two 100%-owned precious-metal districts Las Coloradas and Almoloya located in the historic Parral region of Chihuahua, Mexico, one of the most productive silver belts in the world. Both projects cover past-producing high-grade silver and gold mines and lie directly on the structural corridors that host many of Mexico's most notable silver-gold deposits. Recent drilling at Las Coloradas has confirmed new zones of shallow, high-grade mineralization and highlighted the potential for multiple parallel structures across a 4.5 km trend. At Almoloya, historic drilling, extensive underground workings, and multiple vein systems point to strong potential for both vein-hosted and carbonate-replacement style mineralization. Kingsmen also owns a 1% NSR royalty on the La Trini claims within GoGold Resources' Los Ricos North project in Jalisco State, Mexico.


On behalf of the Board,"Scott Emerson"

Scott Emerson, President & CEO Phone: 604-685-9316

Follow us on: LinkedInInstagram and X


Forward-Looking Statements:

Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. 

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Figure 1 Leona silver samples & LC-25-012

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9640/279781_9af7e376944f49cc_004full.jpg


Figure 2 Leona gold samples & LC-25-012

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9640/279781_9af7e376944f49cc_005full.jpg


Figure 3 Leona Hole LC-25-012 section

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9640/279781_9af7e376944f49cc_006full.jpg


Figure 4 Rosario: LC-25-009 & LC-25-011

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9640/279781_9af7e376944f49cc_007full.jpg


Table 2:

HOLE ID

FROM

TO

WIDTH

Au ppm

Ag ppm

As ppm

Bi ppm

Cu ppm

Pb ppm

Sb ppm

Zn ppm

LC-25-009

114.15

114.60

0.45

0.005

1.18

214

2.74

33.8

69.6

3.42

115

LC-25-009

114.60

115.20

0.60

0.016

2.20

1340

2.90

21.6

248

3.91

2150

LC-25-009

115.20

115.70

0.50

0.041

2.91

4570

5.11

28.0

156

6.05

4220

LC-25-009

115.70

116.15

0.45

0.069

1.24

9620

3.12

19.5

42.2

9.84

3900

LC-25-009

116.15

116.65

0.50

0.014

0.63

1125

3.75

29.1

31.3

4.69

1200

LC-25-009

116.65

117.30

0.65

0.078

1.20

5900

5.02

33.0

45.4

14.50

3460

LC-25-009

117.30

117.60

0.30

0.024

2.55

808

6.03

57.0

111

10.15

8440

LC-25-009

117.60

118.15

0.55

0.192

3.40

10000

5.33

25.7

234

31.70

4980

LC-25-009

118.15

118.40

0.25

0.354

104.00

10000

237.00

47.0

5650

173.00

58700

LC-25-009

118.40

118.65

0.25

0.244

68.00

10000

99.70

374.0

4890

113.50

2380

LC-25-009

118.65

118.80

0.15

0.572

24.10

10000

77.20

27.1

1470

318.00

287

LC-25-009

118.80

119.25

0.45

0.012

2.06

455

2.70

10.5

158

12.80

328

LC-25-009

119.25

120.10

0.85

0.007

0.95

480

1.18

11.9

86.6

14.30

275

 

 

 

 

 

 

 

 

 

 

 

 

HOLE ID

FROM

TO

WIDTH

Au ppm

Ag ppm

As ppm

Bi ppm

Cu ppm

Pb ppm

Sb ppm

Zn ppm

LC-25-011

62.00

62.55

0.55

0.000

1.44

38.2

14.45

45.3

156

22.10

3150

LC-25-011

62.55

63.60

1.05

0.000

0.30

87.8

2.30

16.2

32

13.35

136

LC-25-011

63.60

64.00

0.40

0.000

0.27

99.3

2.07

13.9

21.1

6.84

152

LC-25-011

76.25

77.20

0.95

0.209

1.19

3330

1.74

16.2

15.1

57.60

71

LC-25-011

77.20

77.50

0.30

0.102

1.52

2910

1.88

12.8

17.2

112.50

126

LC-25-011

77.50

78.00

0.50

0.189

1.50

3200

2.58

30.1

29.6

146.50

1955

LC-25-011

78.00

79.00

1.00

0.087

3.91

1425

4.30

43.5

51.8

114.50

627

LC-25-011

79.00

80.00

1.00

0.000

2.52

200

5.99

35.8

58.3

103.50

2230

LC-25-011

80.00

81.00

1.00

0.059

5.33

1910

40.30

39.1

122

136.00

4630

LC-25-011

81.00

81.80

0.80

0.088

2.86

3820

6.45

31.3

35.1

207.00

931

LC-25-011

81.80

82.80

1.00

0.047

2.24

2510

2.97

31.7

29.3

119.00

2290

LC-25-011

82.80

83.70

0.90

0.059

2.39

4370

1.81

14.6

10.2

112.00

98

LC-25-011

83.70

83.95

0.25

0.338

10.80

10000

81.90

22.7

120.5

167.50

184

LC-25-011

83.95

84.75

0.80

0.051

1.60

1970

3.38

16.6

25.3

74.10

397

LC-25-011

86.00

86.25

0.25

0.000

1.02

59

15.25

36.9

50.8

10.70

3480

LC-25-011

118.00

119.00

1.00

0.000

0.67

72.9

2.82

36.7

30.1

1.35

159

LC-25-011

119.00

120.00

1.00

0.000

0.81

84.7

3.20

36.4

34.6

3.28

204

LC-25-011

120.00

120.60

0.60

0.008

2.60

659

7.68

122.0

79.4

8.31

19850

LC-25-011

120.60

121.55

0.95

0.000

0.53

113

2.07

35.5

24.7

2.57

176

LC-25-011

121.55

122.00

0.45

0.000

0.59

56.2

1.91

29.4

26.3

2.61

552

LC-25-011

122.00

123.00

1.00

0.007

1.01

663

3.16

55.5

52.3

2.89

3260

LC-25-011

123.00

123.50

0.50

0.033

5.34

7210

24.00

76.0

192

7.23

7730

LC-25-011

123.50

124.10

0.60

0.018

5.05

4070

44.20

75.6

157.5

5.96

9080

LC-25-011

124.10

124.80

0.70

0.029

4.58

9370

23.00

81.8

140.5

7.56

13050

LC-25-011

124.80

125.40

0.60

0.012

1.96

2540

14.30

60.9

67.7

3.32

5490

LC-25-011

125.40

126.00

0.60

0.758

19.90

10000

310.00

77.3

512

38.00

23600

LC-25-011

126.00

127.00

1.00

0.013

1.26

2260

4.09

55.9

51

2.93

3270

LC-25-011

127.00

128.00

1.00

0.008

0.97

1225

3.24

37.0

44.8

1.81

1425

LC-25-011

128.00

129.00

1.00

0.006

1.63

1465

3.28

33.3

77.9

2.24

1250

LC-25-011

129.00

130.00

1.00

0.000

0.93

291

2.16

21.5

66.1

2.33

979

LC-25-011

130.00

131.00

1.00

0.000

0.80

240

1.77

32.9

42.6

2.59

2210

LC-25-011

131.00

132.00

1.00

0.006

3.03

794

5.51

68.7

137

8.36

9140

LC-25-011

132.00

132.50

0.50

0.069

5.66

10000

4.83

7.3

861

17.00

9020

LC-25-011

132.50

133.00

0.50

0.016

1.38

1655

1.23

6.5

173.5

15.60

807

LC-25-011

133.00

133.55

0.55

0.139

2.23

10000

2.76

2.8

50.8

63.60

58

LC-25-011

133.55

133.90

0.35

0.519

56.80

10000

145.00

18.3

3880

698.00

8190

LC-25-011

133.90

134.50

0.60

0.017

3.86

1240

5.65

24.7

231

36.00

3380

LC-25-011

134.50

135.00

0.50

0.035

4.49

7060

6.28

20.9

217

58.90

301

LC-25-011

135.00

136.00

1.00

0.000

0.59

267

0.98

19.4

36.7

28.00

159

 

 

 

 

 

 

 

 

 

 

 

 

HOLE ID

FROM

TO

WIDTH

Au ppm

Ag ppm

As ppm

Bi ppm

Cu ppm

Pb ppm

Sb ppm

Zn ppm

LC-25-012

29.35

29.85

0.50

0.006

3.95

136

1.14

32.9

1060

49.90

1360

LC-25-012

29.85

30.05

0.20

0.396

44.80

10000

12.10

72.1

8130

252.00

19050

LC-25-012

30.05

31.00

0.95

0.005

2.44

239

0.19

39.9

486

60.30

1175

LC-25-012

31.00

32.00

1.00

0.000

0.19

59.2

0.11

10.5

15.1

9.48

186

LC-25-012

35.00

35.60

0.60

0.005

0.23

112

0.07

4.4

36.7

5.81

123

LC-25-012

50.00

50.40

0.40

0.050

12.20

10000

0.38

3.5

2210

82.90

882

LC-25-012

50.40

50.80

0.40

0.079

1.88

10000

0.34

1.6

295

71.70

139

LC-25-012

56.50

56.70

0.20

0.008

2.23

182.5

0.53

15.1

324

30.40

409

LC-25-012

56.70

57.20

0.50

1.510

18.95

10000

2.26

21.7

2430

457.00

2730

LC-25-012

57.20

58.00

0.80

0.223

220.00

10000

33.50

104.0

38400

313.00

54000

LC-25-012

58.00

59.00

1.00

0.034

16.10

3670

8.97

7.7

2340

19.20

2630

LC-25-012

59.00

60.00

1.00

0.013

10.75

709

1.37

8.2

2110

15.50

692

LC-25-012

60.00

61.00

1.00

0.047

24.70

5530

3.62

17.2

4830

41.10

3860

LC-25-012

61.00

61.50

0.50

0.027

27.70

3350

7.35

25.1

5120

36.40

14150

LC-25-012

69.50

70.05

0.55

0.011

0.89

73.3

0.16

32.3

81.9

51.20

145

LC-25-012

70.05

70.75

0.70

0.008

0.82

57.9

0.13

33.7

64.6

54.20

127

LC-25-012

70.75

71.15

0.40

0.000

0.80

20.6

0.07

18.9

99.1

41.30

65

LC-25-012

71.15

71.40

0.25

0.065

72.40

6950

2.70

59.9

15700

197.50

11650

LC-25-012

76.15

76.30

0.15

0.008

1.48

124

0.26

91.8

44.1

31.40

204

LC-25-012

138.00

138.30

0.30

0.041

8.26

6590

21.90

20.1

336

11.20

1630

LC-25-012

138.30

138.55

0.25

0.140

157.00

10000

380.00

33.4

6010

26.90

19150

LC-25-012

145.50

146.00

0.50

0.005

0.23

35.1

0.64

19.2

22.8

2.29

92

LC-25-012

146.00

146.30

0.30

0.005

2.29

322

3.83

18.6

204

1.56

277

LC-25-012

148.60

149.30

0.70

0.007

3.79

117

2.20

10.6

828

5.27

97

LC-25-012

151.35

151.80

0.45

0.000

0.28

34.5

0.44

9.1

39.3

1.93

48

 

True width cannot be determined at this time and reported widths are drilled intervals.

Table 3: Collar Information

Hole_ID

Easting

Northing

Elevation

Az

Dip

EOH

LC-25-009

464669

2964549

1660

220

-75

215.65

LC-25-011

464669

2964549

1660

250

-45

315.8

LC-25-012

463522

2964744

1640

45

-45

151.8

 

 
 

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