Kingman Permits for Additional 16-Hole Drill Program at High-Grade Mohave Gold Project and Historic Rosebud Mine Site

About this update from Kingman Minerals Ltd.

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF) (FSE: 47A1) ("Kingman" or the "Company") is pleased to announce that the Company has received approval for an additional 16-hole exploratory drill program in and around the historic Rosebud Mine site. The addition of 16 new drill holes is designed to systematically expand known mineralized zones, test priority step-out targets, and evaluate deeper structures that may represent the core of the system. Figure 1 - (left) overview of the proposed drilling, adding an additional 16 exploratory holes to the 8 already completed in the most recent phase of drilling. And (right) representative core drilling equipment for use on the Project. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9368/298163_kingsmanfig105192026.jpg "Historically, these systems demonstrated strong gold and silver mineralization at surface and underground in the Rosebud Mine, yet modern exploration techniques have barely scratched the surface of what we believe is a much larger, structurally controlled gold system at depth. With 16 additional drill holes targeting extensions of known mineralization and new high-priority zones, we are positioning the project for meaningful discovery and rapid advancement. Located in a proven gold district near Kingman, Arizona, and surrounded by active operations, we see strong potential and upside," stated Interim CEO & Director, Simon Studer. Kingman has proposed sixteen prospecting directional core holes from eight pads (2 holes from each pad) with associated access on federal surface and mineral, under the management of the Bureau of Land Management - Kingman Field Office (BLM), centred approximately 16.5 miles northwest of Antares, Mohave County, Arizona. The sixteen prospecting core holes are proposed to a maximum depth of 250 feet (77 meters) within a southeast to northwest trend focused on historic exploration data, effectively exploring four federal lode claims for metallic resources while minimizing overall surface disturbance. The proposed exploration project, coupled with existing data from historic exploration, would facilitate development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of resource quantit...

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