Kingsmen Updates Drilling Progress at Las Coloradas Silver Project in Chihuahua, Mexico

Original announcement by tmx on

Company
Kingsmen Resources Ltd.
Ticker
KNG
Exchange
TSX
Region
Chihuahua, Mexico
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Drill results
Extracted
2026-09-16 07:46:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Kingsmen Resources has completed a maiden drill program of 3,227.2 meters across 12 core holes at the Las Coloradas silver project in Mexico. The drilling successfully validated the geological model by confirming mineralization extends along strike and beneath the water table, with assay results pending.

Reasoning: The company has completed its maiden drill program, validating the geological model and confirming mineralization extension, though specific assay grades are not yet released.

Positive factors

  • completion of maiden drill program
  • validation of geological model
  • confirmed mineralization extends along strike and beneath water table

Negative factors

  • assay results pending

Facts used in scoring: 12

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.

Evidence · text

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

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: Not applicable as QA/QC is disclosed.

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

LC-25-001Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-001
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
594 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464675
Northing
2964907
Elevation
1630 m
Azimuth
185 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-002Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-002
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
201 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464161
Northing
2964857
Elevation
1634 m
Azimuth
190 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-003Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-003
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
200.35 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464161
Northing
2964857
Elevation
1634 m
Azimuth
190 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-004Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-004
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
203.45 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464122
Northing
2964879
Elevation
1634 m
Azimuth
200 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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 ColoradasView all details
Link to this fact

Identity

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

Geometry

Hole Depth
248.45 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464770
Northing
2964455
Elevation
1661 m
Azimuth
220 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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 ColoradasView all details
Link to this fact

Identity

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

Geometry

Hole Depth
152.85 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464804
Northing
2964418
Elevation
1660 m
Azimuth
220 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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 ColoradasView all details
Link to this fact

Identity

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

Geometry

Hole Depth
167.6 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464731
Northing
2964485
Elevation
1662 m
Azimuth
220 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-008Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-008
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
506.8 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464731
Northing
2964485
Elevation
1660 m
Azimuth
337 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-009Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-009
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
215.65 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464669
Northing
2964549
Elevation
1660 m
Azimuth
220 °
Dip
-75 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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 ColoradasView all details
Link to this fact

Identity

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

Geometry

Hole Depth
269.45 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464864
Northing
2964572
Elevation
1651 m
Azimuth
220 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-011Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-011
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
315.8 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
464669
Northing
2964549
Elevation
1660 m
Azimuth
250 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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-25-012Las ColoradasView all details
Link to this fact

Identity

Hole ID
LC-25-012
Project
Las Coloradas
Region
mexico
Reported Region
mexico
Ticker
KNG

Geometry

Hole Depth
151.8 m

Classification

Program
exploration
Sample Type
drill

Location

Easting
463522
Northing
2964744
Elevation
1640 m
Azimuth
45 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-08-26T00:00:00.000Z

Reasoning: Hole completed; assays pending.

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.