Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Kingsmen Intersects 1,742 g/t Silver Equivalent over 0.7 Meters (190.85 - 191.55 m) in Its First Drill Program at Its Las Coloradas Silver Project, Chihuahua, Mexico

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Executive Summary

  • Kingsmen Resources reported first assay results from hole LC‑25‑010, intersecting high‑grade silver mineralization (up to 1,028 g/t AgEq over 1.45 m) at shallow depth (~125 m).
  • The drill program covered 12 holes and 3,227.2 m on the 100 % owned Las Coloradas project; assays from 11 additional holes are pending.
  • Results highlight a wide (13.35 m), near‑surface zone with multiple mineralization styles, significant pathfinder elements (antimony, indium, bismuth) and potential for further high‑grade discoveries in the underexplored Parral Silver District.

Key Details

  • High‑Grade Intercept: 1,028 g/t AgEq (455 g/t Ag) over 1.45 m from 190.25–191.70 m; includes 1,742 g/t AgEq (770 g/t Ag) over 0.70 m (190.85–191.55 m).
  • Wide Zone: 138 g/t AgEq (64.3 g/t Ag) over 13.35 m (178.35–191.70 m).
  • Shallow Depth: Mineralization encountered from ~125 m depth; multiple massive sulphide styles observed.
  • Pathfinder Elements: Strong anomalies in antimony, indium, bismuth, arsenic indicating a larger system.
  • Associated Metals: Notable gold (0.60 g/t) and base‑metal grades (Pb, Zn, Au) reported in assay tables.
  • Assay Tables Provided: Detailed multi‑element intervals for hole LC‑25‑010 (Tables 1–3).
  • Drill Program Scope: 12 holes, total 3,227.2 m; holes targeted historic ASARCO mining zones and untested structures.
  • QA/QC Procedures: Core split, bagged samples, analysis by ALS Geochemistry with certified standards, blanks, duplicates; ISO/IEC 17025:2017 compliance.
  • Future Work: Assays pending for 11 additional holes; ongoing geological logging, petrographic studies, and further drilling planned to expand the discovered zone.
  • Qualified Person: Dr. Kieran Downes, Ph.D., P.Geo., reviewed and approved technical disclosure (NI 43‑101).

Notable Quotes

“Our first hole confirms our thesis to drill below historic mining areas and has demonstrated the two essential elements of both grade and scale… Hole LC‑25‑010 delivered high‑grade, shallow silver mineralization… demonstrating the potential for the discovery of additional high‑grade mineralization in this area.” – Scott Emerson, President & CEO


All forward‑looking statements are subject to risks and uncertainties as described in the release.

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