Mike Fagan,
Editor
Jan. 20, 2026
Kingsmen Resources Ltd. (TSX-V: KNG)(OTC: KNGRF) — currently trading around C$2.70 per share in a record precious metals market — has announced a new high-grade silver-gold discovery at its flagship, 100%-owned Las Coloradas project in the Parral Mining District of Chihuahua, Mexico.
The latest results are from Hole LC-25-004, drilled on the DBD Zone, where shallow silver-rich mineralization marks a new discovery within the broader Las Coloradas system, effectively expanding the project’s mineralized footprint.
Hole LC-25-004 returned:
- 241 grams per tonne silver equivalent (g/t AgEq) over 3.15 meters, including
- 525 g/t AgEq over 1.15 meters, with a gold component of 0.185 g/t
Notably, the intercept begins roughly 70 meters downhole, highlighting the near-surface nature of the mineralization — a key attribute in a district where many operating mines exploit deeper systems.
Kingsmen Resources president & CEO Scott Emerson — whom you’ll hear from next in our exclusive interview — commented on the latest drill-hit from Las Coloradas via press release:
“The drilling has confirmed the prospective character of the DBD zone. Further drilling is planned in 2026 to fully test the various targets identified/confirmed by the reconnaissance drilling. The DBD zone sits within the vein/structure systems targeted by Kingsmen which occur within a NW-trending area approximately 2.5 km long by approximately 1 km wide.”
As noted, this result is particularly significant as it represents the first drill test of the DBD Zone — an area defined by strong surface silver values and historic artisanal workings with no prior drilling.
The zone hosts approximately 300 meters of undrilled strike length with additional surface anomalies extending beyond the current intercept.
Reconnaissance drilling in the area also intersected brecciated zones and elevated gold values in adjacent holes, suggesting the presence of a broader mineralized system that may evolve into multiple silver and gold targets at depth.
Geological work indicates the zones remain open along strike and down dip, reinforcing the discovery potential. Importantly, the DBD Zone lies within KNG’s broader NW-trending structural corridor spanning roughly 2.5 km in length by 1 km in width.
Multiple high-grade silver-gold zones have now been identified within this corridor, confirming that Las Coloradas is evolving into a broader, district-scale system.
That evolution has been reinforced by recent step-out drilling, where Hole-12 — a 1.5-km step-out from Hole-10 — returned 270 g/t silver equivalent over 1.3 meters, highlighting Kingsmen’s systematic expansion of the mineralized footprint at Las Coloradas via the drill bit.
With only a handful of holes drilled across kilometers of prospective ground, these early results continue to validate Kingsmen’s exploration model at this newly consolidated district.
Further drilling is planned throughout 2026 to systematically test strike continuity, depth potential, and new targets across Las Coloradas.
At the same time, KNG plans to advance exploration at its nearby Almoloya gold-silver project — located ~40 km northwest of Las Coloradas — representing the company’s second strategic foothold in the Parral region.
Hot on the story as always, our own Gerardo Del Real of Junior Resource Monthly caught up with Kingsmen Resources president & CEO Scott Emerson to discuss what this new discovery reveals about the scale, structure, and next phase of drilling at Las Coloradas. Please enjoy!
For additional information on Vancouver-based Kingsmen Resources Ltd., be sure to contact the company’s IR department at 604-685-9316 or via email at info@kingsmenresources.com.
Sign up to receive updates directly from the company at the Kingsmen Resources corporate website. View the most recent Corporate Presentation here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
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