- Kingsmen Resources Ltd. (KNG, KNGRF) features prominently in the recent Exploring Mining Podcast episode, discussing significant developments in their Mexico-based projects.
- The company is running a 24/7 drilling program at Las Coloradas and has acquired the Almoloya Project, which is three times larger, expanding their land holdings.
- Kingsmen is fully funded for its 14-hole drill program at Las Coloradas and initial exploration at Almoloya, with both projects structured through payments over eight years.
Kingsmen Resources Ltd. (TSXV: KNG, OTCQB: KNGRF) is making significant strides in the mining sector, as highlighted in the latest episode of the Exploring Mining Podcast. The company is actively advancing two key projects in Mexico's Parral district: the Las Coloradas and Almoloya projects.
The Las Coloradas project is currently undergoing a 24/7 drilling operation beneath a historic high-grade silver mine. This extensive program is fully funded, supporting a 14-hole drill initiative that aims to tap potential new deposits.
In addition, Kingsmen has recently acquired the Almoloya Project, a substantial land package three times larger than Las Coloradas. This acquisition aligns with the company’s strategy to expand its presence and role as a leading explorer in the historically productive Parral district.
The financial framework for both projects involves structured payments over eight years, ensuring steady progress and sustainable development. The company's advancements reflect a strategic approach to leverage the rich mineral heritage of the region, with a focus on increasing exploration activities and potential reserves.
