Northwire Canada EditionTuesday, October 20, 2026
Northwire
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GOLD 4161.80 +0.0% SILVER 58.22 +1.6% COPPER 6.61 +0.5% OIL 97.01 −1.6% PALLADIUM 1117.50 −0.5% ADZ 0.120 +0.0% NXS 0.150 +0.0% ETG 2.89 −4.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.39 +1.3% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.11 −5.4% GOLD 4161.80 +0.0% SILVER 58.22 +1.6% COPPER 6.61 +0.5% OIL 97.01 −1.6% PALLADIUM 1117.50 −0.5% ADZ 0.120 +0.0% NXS 0.150 +0.0% ETG 2.89 −4.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.39 +1.3% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.11 −5.4%
Drill Results

Kingman Completes Drilling at High-Grade Mohave Project and Historic Rosebud Mine; Intersecting Thickest Intervals to Date

High-Grade Mohave Project Drilling Completion Signals Potential Resource Upside Pending Assay Confirmation

Executive Summary
  • Kingman Minerals completed its 8-hole Phase III core drilling program targeting a previously untested area near the historic Rosebud Mine in Arizona.
  • Initial results from the first four holes have intersected visually encouraging alteration and mineralization with intercepts up to 26 feet (7.9 meters) not true width.
  • The drilling targeted the southeast side of the "Rosebud South" fault identified via recent drone magnetic surveys.
  • Samples have been delivered to Skyline Laboratories in Tucson Arizona; assay results are currently pending.
  • All handling and sampling of the core followed standard NI 43-101 protocols.
  • This follows previous announcements regarding Phase III mobilization in February 2026 and underground sampling in March 2026.
Material Impact
  • The news confirms execution of the planned exploration program announced in early 2026 which is a positive operational milestone.
  • Visual intercepts are encouraging but lack assay confirmation; therefore the market cannot yet value the grade potential accurately.
  • This is considered Routine - Positive as it validates the drilling plan rather than introducing new unexpected financial data or resource estimates.
  • The completion of drilling reduces execution risk but does not eliminate geological risk until assays are released.
  • No material change to valuation is expected immediately without assay numbers confirming high-grade continuity.
KGS · Price
Company Overview
  • Kingman Minerals Ltd. focuses on the Mohave Gold and Silver Project in Arizona which includes the historic Rosebud Mine.
  • The project is 100% owned by Kingman Minerals with over 2,300 feet of underground workings historically.
  • Historic resource estimates suggest up to 664,000 oz Au and 2.6M oz Ag across multiple veins though these are non-NI 43-101 estimates.
  • The company is currently in Phase 1 exploration with a focus on converting historic grades into NI 43-101 compliant resources.
  • Management includes Simon Studer as Interim CEO and Brad Peek as Qualified Person and Director.
Read the original news release →

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