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Kingman Prepares NI 43-101 Technical Report on the Mohave Project

VANCOUVER, BC / ACCESSWIRE / May 28, 2020 / Kingman Minerals Ltd. (TSXV:KGS)(FSE:47A1) ("King...

articleKingman Minerals Ltd.May 28, 20204/company/kingman-minerals-ltd/news/kingman-prepares-ni-43-101-technical-report-on-the-mohave-project
Kingman Prepares NI 43-101 Technical Report on the Mohave Project

About this update from Kingman Minerals Ltd.

[{"type":"text","content":"Kingman Prepares NI 43-101 Technical Report on the Mohave ProjectVANCOUVER, BC / ACCESSWIRE / May 28, 2020 / Kingman Minerals Ltd. (TSXV:KGS)(FSE:47A1) (\"Kingman\" or the \"Company\") is pleased to report that the Company is currently in the process of preparing a NI43-101 compliant technical report on the Mohave Project (\"Mohave\").In 2020, Burgex Mining Consultants (\"Burgex\") were contracted to determine accessibility of the Rosebud Mine and complete two underground sampling programs. During the prior program, Burgex was able to use ropes and ladders to assess the safety and stability of the main production shaft and lower themselves down to the 100-foot level of the abandoned mine. Below the 100ft level the shaft was blocked by debris and garbage, which Burgex was able to successfully clear during this second program in order to gain access to the 200ft level. Additional debris was blocking the shaft below the 200ft level preventing them from accessing the 250ft level.A photo tour, videos and additional details of the first and second reconnaissance programs are available on Company website at https://kingmanminerals.com/projects/mohave-project/first-underground-program/ and https://kingmanminerals.com/projects/mohave-project/2nd-phase-underground-reconnaissance-sampling-program/Figure 1 - Burgex examines and samples the interior of the 100ft drift level during the 1st of 2 underground programs. Figure 2 - Burgex examines and samples the interior of the 200ft drift level during the 2nd of 2 underground programs.Figure 3 - Longitudinal section of the Rosebud Mine (Mohave Project) with underground sampling results and locations from first and second Burgex reconnaissance programs. All values are presented in Au (g/t)/Ag (g/t).The samples that Burgex collected were sent to ALS Laboratories in Reno, Nevada and were analyzed using the ALS method ME-GRA21 for gold and silver. This method is a fire assay method for optimal precious metal recovery. The ME-GRA21 method is described as \"Au and Ag by fire assay and gravimetric finish \". This is what ALS recommends for the type samples from Rosebud.QA/QC procedures used for this second round of underground sampling included the use of two different Au/Ag standards and one blank standard prepared by MEG, Inc. of Reno, Nevada. These standards and blank were inserted into the sample b...

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