Kingman Receives ADWR Approval and Mobilizes Altar For Phase III Drilling at Mohave

Executive Summary

• Kingman Minerals received approval from the Arizona Department of Water Resources to drill seven exploration holes for Phase III at its 100% owned Mohave Project.
• Mobilization orders have been issued to Altar Drilling Inc., with drilling slated to start on or about February 25, 2026.
• Phase III will test the continuity of the Southwick gold‑silver vein corridor beyond the Rosebud Mine, leveraging a newly completed 3D Magnetic Vector Inversion model and structural interpretation.

Key Details

• Regulatory Approval: Notice of Intention (NOI) approved by ADWR authorizing seven exploration holes for Phase III.
• Drilling Contractor: Altar Drilling Inc. has been directed to mobilize to the Mohave Project site.
• Start Date: Planned commencement of drilling on or about 25 Feb 2026.
• Phase III Objective: Test continuity of Southwick gold‑silver vein corridor beyond Rosebud Mine; incorporate targets identified by recent 3D Magnetic Vector Inversion (MVI) model and structural work.
• Project Ownership: Mohave Project is 100% owned by Kingman Minerals Ltd.
• Qualified Person: Technical information reviewed and approved by Brad Peek, M.Sc., CPG (Director, Qualified Person under NI 43‑101).

Notable Quotes

(No direct quotes were provided in the release.)