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Kingsmen Resources ( (TSE:KNG) ) has provided an announcement.
Kingsmen Resources Ltd. has commenced construction of drill pads for a diamond drilling program at its Las Coloradas silver project in Mexico’s Parral mining district. This initiative marks a significant step in unlocking the value of the project, focusing on the Soledad and Soledad II vein systems, which have shown promising silver and gold grades. The drilling is set to continue through May, June, and July, potentially enhancing Kingsmen’s position in the mining industry and offering potential benefits to stakeholders.
More about Kingsmen Resources
Kingsmen Resources is a mineral exploration company focused on advancing its 100% held Las Coloradas Project in the Parral mining district of Mexico. The project includes the historic Las Coloradas silver mine and is considered prospective for further precious metal deposits. Kingsmen also holds a 1% NSR on the La Trini claims, part of the Los Ricos North project operated by GoGold Resources Inc. The company is publicly traded and headquartered in Vancouver, British Columbia.
YTD Price Performance: 43.84%
Average Trading Volume: 48,981
Technical Sentiment Signal: Sell
Current Market Cap: C$24.54M
Find detailed analytics on KNG stock on TipRanks’ Stock Analysis page.