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Kingsmen Resources ( (TSE:KNG) ) has provided an update.
Kingsmen Resources Ltd. has completed its initial drilling program at the Las Coloradas silver project, covering 3,227.2 meters across 12 core holes. The drilling aimed to test mineralized zones on the Soledad and Soledad II structures and validate the company’s geological model. The program confirmed the extension of mineralization along strike and beneath the water table, supporting the potential for a significant discovery. The project is situated in a historically productive mining district, enhancing its strategic importance.
More about Kingsmen Resources
Kingsmen Resources Ltd. operates within the mining industry, focusing on the exploration and development of mineral properties. The company’s primary project is the Las Coloradas silver project located in the Parral mining district of the Central Mexican Silver Belt, Chihuahua, Mexico.
Average Trading Volume: 16,310
Technical Sentiment Signal: Buy
Current Market Cap: C$30.15M
For a thorough assessment of KNG stock, go to TipRanks’ Stock Analysis page.