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Kingsmen Resources ( (TSE:KNG) ) has provided an update.
Kingsmen Resources Ltd. announced new geochemical data supporting selected drill targets at its Las Coloradas project in Chihuahua, Mexico. The analysis of pathfinder elements suggests different mineralization styles and pulses, prompting the upcoming drill program to explore these variations. The program aims to test the depth extent of known silver-rich mineralization and potential gold-enriched targets, potentially enhancing the company’s exploration success and reinforcing its position in the mining sector.
More about Kingsmen Resources
Kingsmen Resources Ltd. operates in the mining industry, focusing on exploration activities in the Central Mexican Silver Belt. The company is primarily engaged in the exploration and development of mineral resources, with a specific focus on silver and possible gold enrichment in its projects.
YTD Price Performance: 43.84%
Average Trading Volume: 39,549
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$24.52M
See more insights into KNG stock on TipRanks’ Stock Analysis page.