Kingsmen Resources Ltd Drilling Confirms Continuity of Mineralization 70 Meters Down-Dip Cuts 15.7m @ 74 g/t Ag Eq Incl. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m

Original announcement by tmx on

Company
Kingsmen Resources Ltd
Ticker
KNG
Exchange
TSX
Region
Chihuahua, Mexico
Primary commodity
Silver
Secondary commodities
Gold, Zinc, Lead, Arsenic, Bismuth, Antimony, Indium
Document categories
Drill results
Extracted
2026-09-16 07:05:08 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kingsmen Resources reported high-grade silver and gold drill results from the Las Coloradas project in Mexico, confirming continuity of mineralization on the Soledad structure. Key intercepts include 15.7m at 74 g/t Ag Eq in hole LC-25-005 and significant high-grade silver at depth in hole LC-25-010.

Reasoning: The release reports significant high-grade silver and gold intercepts that confirm continuity and expansion of the Soledad structure, despite some holes hitting mined-out areas.

Positive factors

  • High-grade silver intercepts
  • Continuity of mineralization confirmed
  • Expansion of mineralization at depth and along strike
  • QA/QC protocols disclosed

Negative factors

  • Apparent width only (true width not determined)
  • Intersection of old workings in some holes

Facts used in scoring: 13

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions systematic insertion of CSRM, blanks, and duplicates, and notes ALS Geochemistry complies with ISO/IEC 17025:2017.

Evidence · text

“Quality assurance and quality control (QA/QC) was maintained by the systematic insertion of certified standard reference materials (CSRM), blanks and duplicates into the sample stream.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that true width cannot be determined at this time and reported widths are drilled intervals.

Evidence · text

“True width cannot be determined at this time and reported widths are drilled intervals.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Holes LC-25-006 and LC-25-007 were drilled as 50-meter step outs to the SW and NW respectively.

Evidence · text

“Hole LC-25-006 was drilled as 50-meter step out to the SW”

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Drill Results (13)

LC-25-005Las Coloradas · silverGrade: 46Grade Unit: g/tIntercept: 0.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
46
Grade Unit
g/t
Intercept
0.35 m
From
108.5 m
To
108.85 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:108.5-108.85
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 460 g/t Ag is an exceptional grade for this deposit type.

Positive factors

  • High grade silver intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-005Las Coloradas · silverGrade: 704Grade Unit: g/tIntercept: 0.35 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
704
Grade Unit
g/t
Intercept
0.35 m
From
108.5 m
To
108.85 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:108.5-108.85
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 704 g/t Ag Eq is a very strong intercept.

Positive factors

  • High grade silver equivalent

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-005Las Coloradas · silverGrade: 848Grade Unit: g/tIntercept: 0.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
848
Grade Unit
g/t
Intercept
0.6 m
From
115.6 m
To
116.2 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:115.6-116.2
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 848 g/t Ag is an exceptional grade.

Positive factors

  • High grade silver intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-005Las Coloradas · goldGrade: 0.88Grade Unit: g/tIntercept: 0.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
0.88
Grade Unit
g/t
Intercept
0.6 m
From
115.6 m
To
116.2 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:115.6-116.2
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 0.88 g/t Au is a modest grade.

Positive factors

  • Gold associated with silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-005Las Coloradas · silverGrade: 1379Grade Unit: g/tIntercept: 0.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
1379
Grade Unit
g/t
Intercept
0.6 m
From
115.6 m
To
116.2 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:115.6-116.2
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 1379 g/t Ag Eq is an exceptional grade.

Positive factors

  • Bonanza intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-005Las Coloradas · silverGrade: 74Grade Unit: g/tIntercept: 15.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-005
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
74
Grade Unit
g/t
Intercept
15.7 m
From
107.5 m
To
123.2 m
Intercept Depth
107.5 m

Classification

Sample Type
drill
Group ID
LC-25-005:107.5-123.2
Mining Method
unknown

Location

Location
alteration zone
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 15.7m at 74 g/t Ag Eq is a solid intercept.

Positive factors

  • Significant width and grade

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-010Las Coloradas · silverGrade: 455Grade Unit: g/tIntercept: 1.45 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-010
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
455
Grade Unit
g/t
Intercept
1.45 m
From
190.25 m
To
191.7 m
Intercept Depth
178.35 m

Classification

Sample Type
drill
Group ID
LC-25-010:190.25-191.7
Mining Method
unknown

Location

Location
Soledad mineralized structure
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 455 g/t Ag is an exceptional grade, but this was previously reported.

Positive factors

  • High grade silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-010Las Coloradas · silverGrade: 1742Grade Unit: g/tIntercept: 0.7 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-010
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
1742
Grade Unit
g/t
Intercept
0.7 m
From
190.85 m
To
191.55 m
Intercept Depth
178.35 m

Classification

Sample Type
drill
Group ID
LC-25-010:190.85-191.55
Mining Method
unknown

Location

Location
Soledad mineralized structure
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 1742 g/t Ag Eq is an exceptional grade, but this was previously reported.

Positive factors

  • Bonanza intercept

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-010Las Coloradas · silverGrade: 64.3Grade Unit: g/tIntercept: 13.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-010
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
64.3
Grade Unit
g/t
Intercept
13.5 m
From
178.35 m
To
191.7 m
Intercept Depth
178.35 m

Classification

Sample Type
drill
Group ID
LC-25-010:178.35-191.7
Mining Method
unknown

Location

Location
Soledad mineralized structure
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 13.5m at 64.3 g/t Ag is a solid intercept, but previously reported.

Positive factors

  • Significant width

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-006Las Coloradas · silverGrade: 472Grade Unit: g/tIntercept: 0.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-006
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
472
Grade Unit
g/t
Intercept
0.3 m
From
104.3 m
To
105.9 m
Intercept Depth
104.3 m

Classification

Sample Type
drill
Group ID
LC-25-006:104.3-105.9
Mining Method
unknown

Location

Location
remnant footwall
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 472 g/t Ag is high grade, but it is remnant mineralization in a mined-out area.

Positive factors

  • High grade silver

Negative factors

  • Intersected old workings

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-007Las Coloradas · silverGrade: 115Grade Unit: g/tIntercept: 0.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-007
Project
Las Coloradas
Commodity
silver
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
115
Grade Unit
g/t
Intercept
0.25 m
From
118.1 m
To
120.1 m
Intercept Depth
118.1 m

Classification

Sample Type
drill
Group ID
LC-25-007:118.1-120.1
Mining Method
unknown

Location

Location
remnant footwall
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 115 g/t Ag is moderate grade in a mined-out area.

Positive factors

  • Silver and gold intersection

Negative factors

  • Intersected old workings

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-007Las Coloradas · goldGrade: 0.49Grade Unit: g/tIntercept: 0.25 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-007
Project
Las Coloradas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
0.25 m
From
118.1 m
To
120.1 m
Intercept Depth
118.1 m

Classification

Sample Type
drill
Group ID
LC-25-007:118.1-120.1
Mining Method
unknown

Location

Location
remnant footwall
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 0.49 g/t Au is a modest grade in a mined-out area.

Positive factors

  • Gold intersection

Negative factors

  • Intersected old workings

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

LC-25-007Las Coloradas · goldGrade: 0.34Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
LC-25-007
Project
Las Coloradas
Commodity
gold
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
drill
Group ID
LC-25-007:null-null
Mining Method
unknown

Location

Location
remnant footwall
Loc. Source
document

QA/QC

Laboratory
ALS Geochemistry-Chihuahua
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-01-19T00:00:00.000Z

Reasoning: 0.34 g/t Au is a modest grade in a mined-out area.

Positive factors

  • Gold intersection

Negative factors

  • Intersected old workings

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.