Kingsmen Granted Option to Acquire 100% of the Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua, Mexico

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[{"type":"text","content":"Kingsmen Granted Option to Acquire 100% of the Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua, MexicoVancouver, British Columbia--(Newsfile Corp. - October 24, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) (\"Kingsmen\" or the \"Company\") is pleased to report that the previously announced transaction to acquire an option (the \"Option\") to acquire a 100% interest in the Almoloya Gold/Silver project, located 30 km west of its 100%-owned Las Coloradas project, has been successfully completed. Both projects are located in the mining-friendly jurisdiction of Parral, Chihuahua, Mexico. The terms of the Option require Kingsmen to make staged cash payments over an eight year period, with the amount to be paid in the first two years being a total of US$ 325,000 (including US$75,000 in the first year). The Option remains subject to the approval of the TSX Venture Exchange (\"TSXV\"). For more information regarding the terms of the Option, please see the Company's press release dated July 9, 2025.The Almoloya project includes the historic past producing Cigarrero and Las Juliettas mines. The project represents a consolidation of five mineral claims into a single, contiguous land package covering 866.25 hectares (2,140.55 acres).President, Scott Emerson, commented, \"This acquisition strengthens our presence in the Parral district. The acquisition aligns with Kingsmen's objective of bringing new life to historically producing assets through claim consolidation. The acquisition terms also allows us to focus costs on exploration work rather than tenure payments in the initial years of the option. With the addition of Almoloya, we expand our land position in the region and continue to advance Kingsmen as a preeminent explorer in the Parral Mining District with current exploration programs designed to deliver near-term significant discoveries.\"Kingsmen is pleased with the Almoloya project area which is prospective for high grade silver, lead, zinc and gold mineralization. The project is situated within a large, 12 X 14 km, regional hydrothermal system. This is the first time the entire area has been consolidated by the same company. Many companies have explored portions of the current holdings but none have controlled the entire block including Anglo American Exploration (Canada)...

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