Kingsmen Acquires 100% Ownership of the Claudia 2 Claim, Adding Never-Drilled Saddle Target and District-Scale Extensions to Las Coloradas Silver-Gold Project

• On 7 Apr 2026 Kingsmen exercised its option to acquire 100 % of the Claudia 2 claim at the Las Coloradas silver‑gold project (Parral, Chihuahua, Mexico).
• The claim is free of any NSR royalty.
• It introduces the never‑drilled “Saddle” target (~5 km west of the core high‑grade zone) and adds district‑scale extensions to the Soledad vein system.
• A 2026 drill program will test Saddle and follow‑up on 2025 successes.
• Qualified Person Dr Kieran Downes (NI 43‑101) approved the disclosure.

• Scope: The acquisition adds a new, blind target and enlarges the land package to a district‑scale footprint, increasing the upside potential of Las Coloradas.
• Capital requirement: No immediate cash outlay; the claim was exercised under previously secured financing (Feb 2026 private placement).
• Market expectation: Prior announcements (Feb 2026) hinted at “new priority targets” including Saddle, but no formal ownership was confirmed. Securing 100 % control removes execution risk and validates the drill schedule.
• Impact: The news is genuinely new and materially positive – it upgrades the project’s exploration upside without diluting shareholders or adding debt. It does not constitute a game‑changer (e.g., a major resource estimate) but moves the company closer to a potential discovery that could drive share price toward prior resistance levels (~$1.50).

Kingsmen Resources Ltd is a TSX‑V listed junior explorer focused on high‑grade silver‑gold systems in Mexico’s prolific Parral district. Its flagship asset, Las Coloradas, hosts the Soledad vein system (historically high‑grade silver‑gold) and now includes the newly acquired Claudia 2 claim with the “Saddle” blind target, expanding the project to a district‑scale exploration play.