Kingsmen Resources Ltd - Mining Stock Analysis & Updates

Kingsmen Resources Provides Update on Private Placement

Kingsmen Resources received TSX Venture approval for its private placement, increased warrant exercise price to $1.05, and sponsors the Resource Stock Digest. It focuses on the Las Coloradas silver project in Mexico.

Kingsmen Resources Announces $1.5 Million Private Placement

Kingsmen Reports Successful Completion of 3D IP Survey

Kingsmen Resources Ltd. reported successful results from a 3D IP survey at its Las Coloradas project in Mexico, identifying five new high-priority drill targets. The survey validates previous findings and proposes 14 drill holes to explore mineralization further.

Kingsmen Reports Expanded Geochemical Data Silvia - La Plata Zones

Kingsmen Resources Ltd. announces positive exploration results from its Las Coloradas project in Mexico, highlighting geochemical variations in the Silvia and La Plata zones that indicate high mineralization potential for future drilling campaigns.

Kingsmen Reports New Geochemical Data Supports Selected Drill Targets

Kingsmen Resources Ltd. reports on its exploration program for the Las Coloradas project in Mexico, revealing significant geochemical variations indicating multiple mineralization styles. Upcoming drill tests will explore depth and potential gold targets along identified structures.

Kingsmen Resources Continued High Grade Silver in Sampling Expands Drill Targets

Kingsmen Resources Ltd. announced positive exploration results from its Las Coloradas project in Mexico, confirming mineralization across key structures. The company identified a new diamond drilling target (DBD) alongside existing areas, indicating potential for further discoveries.

Kingsmen Commences 2025 Las Coloradas Exploration

Kingsmen Resources Ltd. will begin a field reconnaissance program at the Saddle Extension zone of its Las Coloradas project in Mexico, aiming to define a new drill target. The project is located in a historic mining district known for its silver-gold resources.

Kingsmen Identifies Significant New Silver-Gold Drill Target on the Las Coloradas Project

Kingsmen Resources Ltd. has identified a significant silver-gold drill target named Saddle at its Las Coloradas project in Mexico. This target, located between magnetic highs, suggests potential for discovering substantial mineralization based on geophysical and geochemical analyses.

Kingsmen Resources Announces Closing of $1 Million Private Placement

Kingsmen Resources Ltd. has successfully closed its non-brokered private placement financing, raising $1,000,000 by issuing 4,000,000 units at $0.25 each. Each unit includes one common share and one warrant, which allows the holder to buy another share at $0.40 within two years. The funds will be used to develop the Las Coloradas Silver/Gold project in Mexico and for working capital. The securities issued are subject to a four-month hold period and necessary regulatory approvals. An insider of the company purchased 60,000 units, which is considered a "related party transaction" but did not require special approval since it didn't exceed 25% of the company's market capitalization.

Kingsmen Selects Diamond Drill Targets at Las Coloradas Project

Kingsmen Resources Ltd. is progressing with its exploration program on its 100% owned Las Coloradas project, located in the Parral mining district of the Central Mexican Silver Belt in Chihuahua, Mexico. The company has chosen three main target areas for its planned diamond drill program: the Mine, Aguilar, and Leona. The Company's recently announced private placement is fully subscribed and will close once final approvals have been received from the TSX Venture Exchange. Kingsmen has also granted 1,300,000 incentive stock options to directors and officers at a price of .36 cents per share for two years.

Kingsmen Resources Announces $1 Million Private Placement

Kingsmen Resources Ltd. has arranged a non-brokered private placement financing to raise up to $1 million. The financing will involve the sale of up to 4 million units, each containing one common share and one common share purchase warrant, at a price of $0.25 per unit. Each warrant gives the holder the right to purchase an additional common share at $0.40 for two years. All securities issued in the financing are subject to a four-month hold period and necessary regulatory approvals. The focus of the company is on exploration and development of high-margin metallic mineral deposits in the Parral mining districts.