Kingsmen Drills a New Discovery of High Grade Silver Mineralization: 3.15 Meters Grading 241 g/t Ag/Eq Including 525 g/t Ag/Eq with 0.185 g/t Gold over 1.15 Meters
Original announcement by yahoo_press on
- Company
- Kingsmen Resources Ltd.
- Ticker
- KNG
- Exchange
- TSXV
- Region
- Chihuahua, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Drill results
- Extracted
- 2026-08-21 03:18:43 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Kingsmen Resources has reported high-grade silver mineralization at the Las Coloradas project in Mexico. Drill hole LC-25-004 intersected a new zone with 3.15 meters at 241 g/t Ag/Eq.
Reasoning: The announcement reports a high-grade silver discovery in a new area with significant silver-equivalent grades.
Positive factors
- High grade silver intercept
- New discovery area
Facts used in scoring: 3
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole LC-25-004 intersected mineralization in a new area.
Evidence · text
“Hole LC-25-004 intersected significant silver rich mineralization in a new area.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
LC-25-004Las Coloradas · silverGrade: 241Grade Unit: g/t Ag/EqIntercept: 3.15 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- LC-25-004
- Project
- Las Coloradas
- Commodity
- silver
- Region
- mexico
- Reported Region
- Chihuahua, Mexico
- Ticker
- KNG
Geometry
- Grade
- 241
- Grade Unit
- g/t Ag/Eq
- Intercept
- 3.15 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LC-25-004:0-3.15
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: 241 g/t Ag/Eq is a strong intercept for silver exploration.
Positive factors
- Strong silver grade
Evidence · text
“3.15 Meters Grading 241 g/t Ag/Eq”
LC-25-004Las Coloradas · silverGrade: 525Grade Unit: g/t Ag/EqIntercept: 1.15 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- LC-25-004
- Project
- Las Coloradas
- Commodity
- silver
- Region
- mexico
- Reported Region
- Chihuahua, Mexico
- Ticker
- KNG
Geometry
- Grade
- 525
- Grade Unit
- g/t Ag/Eq
- Intercept
- 1.15 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LC-25-004:0-3.15
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: 525 g/t Ag/Eq represents a high-grade sub-interval within the main intercept.
Positive factors
- Bonanza grade sub-interval
Evidence · text
“Including 525 g/t Ag/Eq with 0.185 g/t Gold over 1.15 Meters”
LC-25-004Las Coloradas · goldGrade: 0.185Grade Unit: g/tIntercept: 1.15 mView all detailsHide details
Identity
- Hole ID
- LC-25-004
- Project
- Las Coloradas
- Commodity
- gold
- Region
- mexico
- Reported Region
- Chihuahua, Mexico
- Ticker
- KNG
Geometry
- Grade
- 0.185
- Grade Unit
- g/t
- Intercept
- 1.15 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LC-25-004:0-3.15
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-01-13T00:00:00.000Z
Reasoning: Gold grade is a minor component of the silver-equivalent intercept.
Evidence · text
“0.185 g/t Gold over 1.15 Meters”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.