Business
Kingsmen Signs Land Access Agreements
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Kingsmen Resources Ltd.  (TS...
About this update from Kingsmen Resources Limited
[{"type":"text","content":"Kingsmen Signs Land Access AgreementsVancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (\"Kingsmen\" or the \"Company\") is pleased to report that multiyear land access agreements have been signed for its Las Coloradas Project located 30km from Hildago, Parral, Chihuahua, Mexico. Kingsmen will commence it's planned exploration program in preparation of a diamond drilling program.Scott Emerson, President commented: \"obtaining land access at Las Coloradas is a key step in the progression of exploration work. Access has been granted over key areas of historic silver-gold mining activities.\"The Las Coloradas Project ( 8.5 km2 -3.3 sq miles) represents a consolidation of a historic mining district which covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO (American Smelting and Refining Company), the U.S. based subsidiary of Grupo Mexico.Las Coloradas is in the Parral mining district of the Central Mexican Silver Belt, and is located approximately 30 kilometers southeast of the city of Hildago de Parral and 40 kilometers east of the San Francisco de Oro and Santa Barbera mining districts where several old major mines are located, such as La Prieta, Veta Colorada, Palmilla, Esmeralda, San Francisco del Oro and Santa Barbara. As well, new major mining projects are currently being explored in the district; Cordero (Discovery Silver Corp.), 35 kms north of Parral, and La Cigarra (Kootenay Silver Inc.), 35 kms northwest of Parral. Click here to see locator map, https://www.kingsmenresources.com/area-history.Qualified PersonKieran Downes, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.About Kingsmen ResourcesIn line with Kingsmen's organic-growth strategy, the Company's focus is on exploration and development, and is currently focused on district-scale exploration for high -margin metallic mineral deposits in the prolific mining districts of Parral Mexico. In addition, the company has a 1% NSR on the Los Ricos North project in Mexico operated by GoGold Resources Inc. The Company's leaders have extensive experience in the mining and financial sectors. Kingsmen is a publicly-traded company (TSXV: KNG) (OTCQB: KNGRF) a...