Kingsmen Resources Ltd. has reported assay results from two diamond drill holes at the Las Coloradas silver project in Chihuahua, Mexico, highlighted by hole LC-26-014 intersecting 1.40 metres grading 433 g/t silver equivalent from 190.0 metres.

The latest drilling targeted underviews beneath historic workings within the project's Mine zone. Hole LC-26-014 intersected the mineralized system 90 metres down-dip of old workings, returning an interval that included 0.75 metres at 787 g/t silver equivalent from 190.4 metres. A second step-out hole, LC-26-015, was drilled 96 metres down-dip of historic workings and intersected 1.70 metres grading 185 g/t silver equivalent from 201.65 metres, including 0.68 metres at 438 g/t silver equivalent.

Reported widths represent drilled core lengths, with true widths not yet determined. The new intercepts expand known Mine zone mineralization across a minimum strike length of 106 metres in three drill fences spaced 50 metres apart, extending to a vertical depth of 155 metres. Mineralization remains open at depth and along strike.

We are continuing to grow the project footprint, and we are seeing mineralization similar to what was historically mined, which gives us confidence we are in a mineral-rich system. We have now reported results from only 3 of our current 19 holes drilled at Las Coloradas, and this area represents a small portion of the targets drilled across our 3-square-mile project, leaving continued discovery upside untouched.

— Scott Emerson, President

The 8.5-square-kilometre Las Coloradas project consolidates a historic mining district previously exploited by ASARCO between 1942 and 1952. The property sits in the Parral mining district of the Central Mexican Silver Belt, where regional activity includes Kootenay Silver Inc. filing an independent technical report supporting the preliminary economic assessment for its La Cigarra silver project in August 2026, sharing silver, gold, and zinc commodities with Las Coloradas.

Earlier in the year, Kingsmen exercised its option to acquire a 100% interest in the Claudia 2 claim at Las Coloradas on April 7, 2026, adding the Saddle target to its portfolio. The company will announce assay results from its ongoing diamond drilling program following receipt, compilation, and confirmation.

Read the full announcement: Kingsmen Drills 1.40 Metres of 433 g/t AgEq (239 g/t Ag) at Las Coloradas, Expanding a High-Grade Silver Zone Open at Depth and Along Strike