Kingsmen Acquires 100% Ownership of the Claudia 2 Claim, Adding Never-Drilled Saddle Target and District-Scale Extensions to Las Coloradas Silver-Gold Project

Kingsmen Resources has completed the acquisition of 100% ownership in the Claudia 2 claim, exercising its option to secure the property free of any net smelter return royalty obligations. This strategic acquisition represents a significant expansion of the company's Las Coloradas Silver-Gold Project footprint.

The Claudia 2 claim brings notable exploration upside to Kingsmen's portfolio, featuring a previously undrilled Saddle Target that offers immediate drill-ready opportunities. The property also provides district-scale extensions to the existing Las Coloradas project, potentially expanding the overall resource envelope and exploration potential across the broader land package.

This acquisition demonstrates Kingsmen's commitment to consolidating high-potential silver and gold assets within proven geological districts. The absence of NSR royalty obligations provides the company with enhanced economic flexibility for future development scenarios. The addition of never-drilled targets suggests potential for new discoveries that could materially impact the project's overall value proposition.

The transaction positions Kingsmen to advance systematic exploration across an expanded land position, with the Saddle Target representing a near-term catalyst for potential resource expansion. For the precious metals sector, this type of strategic consolidation within established mining districts reflects ongoing industry focus on building critical mass around quality assets in jurisdictions with demonstrated mineralization potential.