Kingsmen Resources Ltd Drilling Confirms Continuity of Mineralization 70 Meters Down-Dip Cuts 15.7m @ 74 g/t Ag Eq Incl. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m

The news release dated January 19, 2026, reports assay results from four diamond drill holes (LC-25-005, 006, 007, and 010) at the Las Coloradas project in Chihuahua, Mexico. Key findings include: - Hole LC-25-005 intersected 15.7 meters grading 74 g/t Silver Equivalent (Ag Eq), including narrower high-grade intercepts of 704 g/t Ag Eq over 0.35m and 1,379 g/t Ag Eq over 0.6m. - The results confirm that mineralization continues at least 70 meters down-dip from previously known areas. - Holes LC-25-006 and LC-25-007 intersected old, unmapped mine workings where the primary mineralization had been "mined out" by previous operators (ASARCO). However, remnant mineralization was still found in the footwall (e.g., 472 g/t Ag over 0.3m). - Management asserts that the mineralized system is increasing in width and remains open at depth and along strike.

The impact is routine-positive but carries a cautionary note. - Positive: The confirmation of continuity 70 meters down-dip validates the geological model and suggests the system has vertical scale beyond what historic miners extracted. - Negative/Risk: The intersection of "old workings" in two out of four holes highlights a significant exploration risk—drilling into empty space or "voids." This indicates that historic records are incomplete, and the company may struggle to calculate a reliable mineral resource if large portions of the high-grade core have already been extracted. - Grade Context: The headline width of 15.7m is attractive, but the bulk grade of 74 g/t Ag Eq is relatively low for an underground silver target. The value is heavily dependent on the narrow, high-grade "vein" portions.

Kingsmen Resources is focused on district-scale exploration in the Parral Mining District of Mexico. Its flagship project, Las Coloradas (8.5 sq km), is a past-producing silver-gold-lead-zinc mine. The company’s strategy involves consolidating fragmented claims and using modern geophysics (3D IP) to find extensions of veins that were historically mined only to shallow depths (above the water table).