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Kingsmen Resources ( (TSE:KNG) ) has shared an update.
Kingsmen Resources announced the commencement of a diamond drill program at its Las Coloradas silver project in Mexico’s Parral mining district. The program aims to explore the Soledad and Soledad II vein systems, with 14 proposed drill holes targeting significant silver grades and potential gold values. This initiative marks a strategic step for Kingsmen, as it seeks to uncover deeper mineralizing systems in a historically fragmented mining area, potentially enhancing its industry positioning and shareholder value.
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 company specializes in exploring high-grade silver deposits and has a 1% NSR on the Los Ricos North project operated by GoGold Resources Inc. Kingsmen is publicly traded and headquartered in Vancouver, British Columbia.
Average Trading Volume: 37,041
Technical Sentiment Signal: Buy
Current Market Cap: C$23.37M
See more insights into KNG stock on TipRanks’ Stock Analysis page.