Business
Kingman Minerals Prepares for Drilling at High-Grade Mohave Project amid Record Gold Prices
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Kingman Minerals Ltd. (TSXV: ...
About this update from Kingman Minerals Ltd.
[{"type":"text","content":"Kingman Minerals Prepares for Drilling at High-Grade Mohave Project amid Record Gold PricesVancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF) (FSE: 47A) (\"Kingman\" or the \"Company\") is pleased to update shareholders on the significant progress to date at its flagship Mohave Project in Mohave County, Arizona, which includes the historic Rosebud Mine. Given the current strength in the gold market, Kingman believes the Mohave Project is exceptionally well-positioned for near-term value creation.Historic High-Grade District with Substantial UpsideThe Mohave Project comprises 72 lode claims (1467 acres or 594 hectares), inclusive of the historic Rosebud Mine. The underground workings include over 2,300 feet of drifts, raises, and crosscuts. Historical (non-NI 43-101) data suggest a potential for up to 664,000 ounces of gold and 2.6 million ounces of silver across multiple parallel vein structures.1Kingman's focus is to continue to replicate and validate these historic values, then expand and upgrade them according to modern exploration standards.Modern Work Programs & High-Grade Sampling ResultsKingman has executed multiple phases of work to date, including two underground reconnaissance programs and two drilling phases, both confirming high-grade gold and silver intercepts at depth. Underground sampling from mineralized veins returned exceptional results, including 688 g/t Au and 468 g/t Ag over 0.18 m, and 252 g/t Au and 341 g/t Ag over 0.46 m.Phase 1 Underground Reconnaissance & SamplingConfirmed access to historic workings and collected high-grade channel and chip samples. A standout result was **252 g/t Au + 341 g/t Ag over 0.46 m** on the 100 ft level of the Rosebud Mine.2Phase 2 Underground Reconnaissance & SamplingExpanded sampling efforts on the 100 ft and 200 ft levels, clearing debris to access lower levels, and sending assays to ALS Laboratories (method ME-GRA21).3Key highlights include:SampleLevelWidth (m)Au (g/t) Ag (g/t) RB200-11100 ft, N Stope0.18 m **688 g/t****468 g/t**RB200-10100 ft, N Stope0.15 m 109 g/t 164 g/t RB200-13100 ft, N Stope0.28 m 70.5 g/t 93 g/t RB200-4 100 ft 0.25 m 2.88 g/t 133 g/t  These values confirm the presence of bonanza-grade veins, supporting the historic high grades and underscoring the vertical and lateral...