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Kingsmen Resources Ltd Drilling Confirms Continuity of Mineralization 70 Meters Down-Dip Cuts 15.7m @ 74 g/t Ag Eq Incl. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m

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Executive Summary

Kingsmen Resources Ltd has announced significant assay results from its latest drilling campaign on the Soledad mineralized structure, confirming the continuity of mineralization 70 meters down-dip from previous work. The company completed three diamond drill holes (LC-25-005, LC-25-006, and LC-25-007) that returned notable silver equivalent grades, with the highlight being 15.7 meters grading 74 grams per tonne silver equivalent.

The drilling program yielded exceptionally high-grade intercepts within the broader mineralized zone, including 704 grams per tonne silver equivalent over 0.35 meters and 1379 grams per tonne silver equivalent over 0.6 meters. These results demonstrate the presence of bonanza-grade silver mineralization within the broader mineralized envelope, suggesting potential for high-value extraction zones.

The confirmation of mineralization continuity 70 meters down-dip is particularly significant as it extends the known mineralized zone and provides greater confidence in the structural controls of the deposit. This down-dip extension suggests the mineralized system may have greater scale and continuity than previously understood, which could positively impact future resource estimates and mine planning scenarios.

For the silver sector, these results highlight the potential for discovering high-grade silver deposits in established mining regions. The combination of broad mineralized zones with localized bonanza-grade intercepts represents an attractive exploration target that could advance toward resource definition and eventual development studies.
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