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Las Coloradas Project Surface Sampling of the SE Soledad Structure
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2023) - Kingsmen Resources Ltd. (TSXV: ...
About this update from Kingsmen Resources Limited
[{"type":"text","content":"Las Coloradas Project Surface Sampling of the SE Soledad StructureVancouver, British Columbia--(Newsfile Corp. - June 7, 2023) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (\"Kingsmen\" or the \"Company\") is pleased to report first results from its on-going surface sampling program of old workings along the Soledad and Soledad II structures, and their subsidiary structures, in the southeast part of the Las Coloradas project located 30km from Hildago, Parral, Chihuahua, Mexico. The Soledad structure is one of two previously mined structures identified on the project. Sixteen old workings were accessed and sampled on the SE part of the Soledad structure. Results are presented on Figure 1 and Table 1. HighlightsThirty-nine (39) samples were collected. 2 > 500 g/t silver4 > 200 g/t silver9 >100 g/t silverThree separate target areas recognized on the Soledad vein/structure.New 300 meter long mineralized structure recognized.Prospecting and sampling are continuing.Scott Emerson, President commented: \"These results are very encouraging and they align well with the reported historic silver and gold production grades of 300 to 518 g/t silver, 0.6 to 0.8 g/t gold, 6.2 to 10.9% lead and 6.5 to 10.3 % zinc.\" The distribution of old workings on the southeastern part of the Soledad structure indicates three areas of interest (Figure 1 and Figure 2). The concentration between El Tronco (mine) and El Contrapozo (shaft) is developed on a flexure in the Soledad vein. This suggests the potential for strong structural control on mineralization with significant depth extent. The concentration between Las Jaras and La Cometa, and the flanking occurrences of El Barril, La Sirena and El Catrin, appear to be related to structures in/along felsic intrusives. The La Rama and La Casa area occur in volcanic-sedimentary rocks but may also be related to buried felsic intrusives. The alignment of the El Cubo to El Pescado workings clearly maps a separate, 300 meter long mineralized structure, separate from the Soledad. The El Negrito and La Campana workings do not lie on currently known structures. The mineralization is structurally controlled and typically quartz vein related, and exploits structures in both the felsic intrusives and the volcanic-sedimentary rocks. Geophysical surveys will better the define the lateral and depth extents of...