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The latest announcement is out from Kingsmen Resources ( (TSE:KNG) ).
Kingsmen Resources reported a new high‑grade silver discovery at the DBD zone of its Las Coloradas project, where drill hole LC‑25‑004 intersected 3.15 meters grading 241 g/t silver equivalent, including 1.15 meters at 525 g/t silver equivalent with associated lead, zinc and gold values in shallow, near‑surface massive sulphide mineralization. Reconnaissance drilling, including holes LC‑25‑002 and LC‑25‑003, has also outlined brecciated structures, localized high‑grade silver and anomalous gold at depth, while surface sampling along 300 meters of undrilled Soledad vein/structure with strong silver values underscores significant discovery potential and supports Kingsmen’s plans for expanded drilling in 2026 to further define mineralization and advance the project’s exploration upside.
More about Kingsmen Resources
Kingsmen Resources Ltd. is a mineral exploration company focused on silver and associated base and precious metals, with its flagship Las Coloradas silver project located in the Parral mining district of the Central Mexican Silver Belt in Chihuahua, Mexico. The company is targeting vein and structure systems within a northwest-trending corridor approximately 2.5 km long by 1 km wide, including historically worked but previously undrilled zones such as the DBD target on the Soledad structure.
Average Trading Volume: 37,959
Technical Sentiment Signal: Buy
Current Market Cap: C$76.88M
For detailed information about KNG stock, go to TipRanks’ Stock Analysis page.