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Kingman Minerals Ltd Reports Significant Sulfide Breccias and High-Grade Gold and Silver Results from Borehole MH-04 From the Mohave Project, Kingman, AZ, USA
VANCOUVER, BC / ACCESSWIRE / April 9, 2021 / Kingman Minerals Ltd. ("Kingman" or the "Company...
About this update from Kingman Minerals Ltd.
[{"type":"text","content":"Kingman Minerals Ltd Reports Significant Sulfide Breccias and High-Grade Gold and Silver Results from Borehole MH-04 From the Mohave Project, Kingman, AZ, USAVANCOUVER, BC / ACCESSWIRE / April 9, 2021 / Kingman Minerals Ltd. (\"Kingman\" or the \"Company\") (TSXV:KGS)(FSE:47A1) is pleased to announce the receipt of assays for borehole MH-04 which completed at a depth of 882 ft (268.9 m) and an angle of -70 degrees to horizontal during its Phase I Drilling Program at the Company's flagship Mohave Gold Project located near Kingman, Arizona, USA. The Phase I Drilling Program consisted of five confirmation drill holes to verify both the nature and grades of historic mineralization and mining performed at the previously producing Rosebud Mine.Borehole MH-04 intersected a broader halo of mineralization compared to other boreholes which was focused within a brecciated and sulfide-rich diabase-hosted zone from 377 - 383 feet (114.9 - 116.7 m). Results within this 6-foot (1.8-meter) interval, which had a true width of 1.25 feet, showed an average grade of 6.76 g/t Au and 26.3 g/t Ag with several highlight intervals including overlimit assays of 20.3 g/t Au and 36.4 g/t Ag from 379-380 ft (115.5-115.8 m) and 10.1 g/t Au with 34.7 g/t Ag from 380-381 ft (115.8-116.1 m) which focused within the sulfide breccias of very little iron oxidation suggesting that the sulfides are likely carrying the predominant gold within the mineralogy.Figure 1 - Hydrothermal sulfide breccia where 20.3 g/t and 10.1 g/t Au assay values were intersected\"The extent of alteration, total length of intercept, abundant amounts of sulfides, and concurrent gold and silver grades in and around these highlight intervals are intriguing as they have now been intersected and encountered in several holes with similar results,\" commented Brad Peek, M.Sc. CPG and Qualified Person for the Mohave Project.Figure 2 - Summary of gold and silver assay results from MH-04.\"The Phase I Drilling Program confirmation and exploration drilling continues to exceed the expectations of Kingman Minerals Ltd. and crew with assay-proof of gold and silver grades coupled with intriguing geological observations suggestive of greater ore-deposit bearing. These intersected sulfide breccias and conspicuous alteration signatures highlight the considerable potential for further delineation and discover...