Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

Kingsmen Hits 270 g/t AgEq Over 1.3 m in 1.5 km Step-Out on Parallel Structure at Las Coloradas

Kingsmen Proves District Scale with 1.5km Step-Out at Las Coloradas as Exploration Thesis Gains Momentum

By The Northwire Desk — AI Analysis Jan 08, 2026 · 08:24 KNG · 2.28 Kingsmen Resources Ltd.
Executive Summary

The most recent news (January 8, 2026) reports assay results from a three-hole diamond drilling program at the Las Coloradas project in Chihuahua, Mexico. The standout result is from hole LC-25-012, which intersected 270 g/t Silver Equivalent (AgEq) over 1.3 meters. This hole targeted the Soledad II structure, representing a 1.5 km step-out to the northwest from previous drilling. The company has now confirmed mineralization in three distinct parallel or sub-parallel structures: Soledad, Soledad II, and the newly identified "No. 8" structure.

Material Impact

This news is Material - Positive for several reasons:

  • Expansion of Scale: The 1.5 km step-out is significant. It moves the project from a localized "mine-site" exploration play to a "district-scale" system. Confirming mineralization across 1.5 km of strike length on a parallel structure validates the management's thesis that Las Coloradas is a larger system than historically understood.
  • Proof of Concept: The discovery of mineralization on the Soledad II and "No. 8" structures suggests that the 8.5 km2 property contains a complex network of mineralized veins rather than just a single structure.
  • Grade Consistency: While the width of 1.3 meters is relatively narrow, the grade of 270 g/t AgEq is respectable for a discovery hole in a new area. It follows previous high-grade intercepts (e.g., 1,742 g/t AgEq over 0.7m in September 2025 and 931 g/t AgEq over 1.6m in December 2025), showing that high-grade "sweet spots" exist across the property.
  • Critical Perspective: Investors should note that "true widths" are still undetermined. The reported intervals are "drilled widths," and many high-grade hits to date have been under 2 meters. While high-grade, narrow-vein mining is common in the Parral district, these widths require high precision and potentially higher operating costs if they do not widen at depth.
KNG · Price
Company Overview

Kingsmen Resources is focused on the Parral Mining District in Chihuahua, Mexico. - Flagship Project: Las Coloradas (8.5 km2). It is a past-producing silver-gold-lead-zinc mine previously operated by ASARCO (1943-1952). The project targets depth extensions of known veins and new parallel structures. - Second Project: Almoloya (866 hectares). An optioned project 30 km from Las Coloradas, targeting high-grade gold and Carbonate Replacement Deposits (CRD).

Read the original news release →

More from Kingsmen Resources Ltd.

Oct 27, 2026 · 08:02

Kingsmen hit Best Soledad II with unproven tonnage at a 52-week-low price.

Drill Results Oct 20, 2026 · 08:32

Kingsmen advances drilling at Las Coloradas, using drone surveys to refine targeting for the project.

Drill Results Sep 22, 2026 · 08:31

Kingsmen reports its best silver grade-by-width to date on a second structure, though no true width or resource has been defined.

Drill Results Aug 20, 2026 · 08:31

Kingsmen reports step-outs extending depth and strike at its project, though grades remain below the 2025 anchor target.

Drill Results Jul 22, 2026 · 08:31

Kingsmen’s Soledad depth extension returned 5.2m at 257 g/t AgEq, marking an incremental discovery despite narrow intervals and equity dilution.

Drill Results May 12, 2026 · 08:31

Survey Precision Confirms Execution as Stock Corrects from Discovery Highs

Drill Results