Las Coloradas Project Surface Sampling of the Soledad II Structure

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[{"type":"text","content":"Las Coloradas Project Surface Sampling of the Soledad II StructureVancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (\"Kingsmen\" or the \"Company\") is pleased to report new 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, Chihuahua, Mexico. Located 30km from Hildago de Parral, Chihuahua, the Soledad structures were historically mined by ASARCO (American Smelting and Refining Company), from 1943 to 1952. Results are presented in Figure 1 and Table 1.Highlights Twenty-one (21) samples were collected.4 > 300 g/t silver 2 > 200 g/t silver 2 > 100 g/t silver Three areas with high grade silver values are recognized.Prospecting and sampling are continuing. Scott Emerson, President, commented: \"These first results are extremely encouraging as they clearly demonstrate the persistence of high-grade silver mineralization on part of a second important structure which is 1.2 km to the NW of the old Las Coloradas mine. Work is continuing along the entire extent of the structure. This is an area, of unexplored potential due to the previously fragmented property ownership.\"The old workings on the NW-trending Soledad II structure are distributed over approximately 1,000 meters (Figure 1). The best silver grades are found over a 400 meters length of the northern part of the structure where it occurs in volcanics and tracks felsic intrusives. The best silver grades are found in the El Nido, Enjambre and La Pila mines. At El Nido the quartz vein structure is offset to the northeast, likely due to an intersection with the NE-trending La Chiquita structure, indicating structural complexity with high grade silver. This is a positive setting for mineralization. A similar structural intersection with high grade silver occurs where the NE-trending La Avispa structure intersects at the La Pila mine. Anomalous silver also occurs in the La Avispa mine. The La Avispa structure tracks the contact of volcanics with felsic intrusives.The overall structural picture is one where the two principal NW-trending mineralized structures (Soledad and Soledad II) are cut by NE-trending structures (+/- mineralization). Unsurprisingly, the projected ...

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