Kingsmen Resources Confirms Extension of High-Grade Mineralization at Mexican Silver Mine

en.Wedoany.com Reported - Kingsmen Resources, a Canadian company, has released the first assay results from its diamond drilling program at the Las Coloradas silver project in Chihuahua, Mexico, confirming the extension of high-grade silver-gold mineralization at depth within the Soledad system. Drill hole LC-26-013, the deepest hole drilled to date in this system, shows that high-grade mineralization continues to expand at depth and remains open in all directions.

Drill hole LC-26-013 intersected a 5.20-meter interval grading 257 g/t silver equivalent, including a 1.40-meter high-grade section with 641 g/t silver equivalent and a pure silver grade of 425 g/t. These results represent some of the highest silver intercepts reported by the company in this area. Combined with data from previous drill holes LC-25-005 and LC-25-010, the drilling network demonstrates continuity of mineralization over a vertical depth of at least 135 meters. Drill hole LC-26-013 passed through a 116.9-meter broad alteration zone and continuous mineralization, including phyllic alteration, stockwork zones, and massive sulfide-rich rocks.

Geological analysis reveals a structural flexure and dilation zone associated with increasing width and grade of the deposit at depth, identifying a new priority drilling target along the southeast and northwest trends. Kingsmen Resources President Scott Emerson stated that these results confirm the robustness, continuity, and extensiveness of the Soledad system, noting that over 1,000 samples have been sent to ALS Geochemistry laboratory in Chihuahua, and the current drilling program is only beginning to unlock the regional-scale potential of the deposit.

The company reported that the drilling program is fully funded, with results from most samples from the 19 completed holes pending processing and will be released progressively.