Northwire Canada EditionSaturday, July 11, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

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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