District-Scale Silver-Gold in Mexico

TSX-V: KNG | OTCQB: KNGRF

Mexico’s Newest High-Grade
Silver-Gold Discovery

 Las Coloradas Project: The Consolidated Heart of 
the Historic Parral Mining District

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FIRST EVER MODERN DRILLING IN MEXICO’S PARRAL SILVER-GOLD BELT

Phase-Two Drilling On-Deck
— Early-Stage Positioning BEFORE the Next Rerate —

First Modern Test of Mexico’s
Historic Parral Silver-Gold District

For more than a century, the Parral Mining District in Chihuahua State, Mexico, has been synonymous with high-grade silver and gold.

Its veins built early fortunes, supplied major smelters, and helped define one of North America’s most enduring precious metals addresses.

Yet despite that rich history, the district has never been systematically explored — or fully consolidated under a single operator.

Until now.

Kingsmen Resources Ltd. (TSX-V: KNG)(OTCQB: KNGRF) has done what generations before could not: unite the entire historic Parral silver-gold camp into one cohesive, district-scale exploration asset.

Fifteen concessions — once fragmented among multiple holders — now sit fully under Kingsmen’s control, giving the company the ability to drill the full extent of the silver-gold system as a unified district for the first time.

And the timing could not be better.

Silver is trading above US$80 per ounce as you read this, leading a powerful move across the precious metals complex. And just like clockwork, gold has eclipsed the US$5K mark as underlying support for the world’s most sought-after safe haven metal continues to build amid the Middle East turmoil.

Against that backdrop, Kingsmen Resources (“KNG”) has now completed its maiden drill program at the flagship, 100%-owned Las Coloradas project — a historic high-grade silver-gold system long mined at surface but never properly tested at depth.

The program is already validating the company’s “deeper-mineralization” thesis with early holes delivering high-grade silver-gold mineralization with additional assays pending, setting up a steady stream of potentially needle-moving catalysts with Phase-Two drilling set for early Q2 2026.

With first-pass drilling now complete, Kingsmen is getting its first real view of how the system extends at depth and along strike… and we’ll get into those initial high-grade hits in just a moment.

But first… it should be noted that the company's district-scale exploration and drilling are being guided by a highly experienced team of industry professionals.

President & CEO Scott Emerson — whom you’ll meet shortly in our exclusive interview — has kept Kingsmen tightly structured and sharply focused throughout the program’s early execution, while professional geologist Mark Pryor brings critical in-district insight just as the broader exploration model is beginning to take shape.

It’s a potent combination:

  • District-scale control of the Parral Mining District
  • A newly completed Phase-One drill program with standout hits and Phase-Two drilling on-deck
  • A tight, clean capital structure
  • Seasoned leadership — all aligned with strong silver and gold prices

Adding to Kingmen’s district-scale stronghold, the company’s nearby and newly acquired Almoloya project provides a second strategic, drill-ready foothold in the Parral region — expanding the company’s land position and creating potential synergies as exploration advances.

For speculators looking to position ahead of a full wave of modern drill results from a newly unified, high-grade North American silver-gold district, KNG provides an exciting opportunity at a pivotal moment in the Parral Mining District’s revitalization.

And that’s where we’re headed next: Las Coloradas — the historic heart of the region and the focal point of Kingsmen’s exploration and drilling.

 

Las Coloradas: Flagship Silver-Gold Core
of the Parral Mining District

When Kingsmen president & CEO Scott Emerson returned to Mexico following COVID, he wasn’t looking for “just another junior hand-me-down exploration property.”

As he puts it, he wanted a project “no junior had ever held” — something without the baggage of past fragmented exploration where he and his team could write the first modern chapter via the drill-bit.

He found it in Las Coloradas.

What began as a single past-producing silver-gold mine — operated by ASARCO from 1944 to 1952 — has now been reshaped by Kingsmen into a unified district-scale opportunity.

The original Las Coloradas mine sat on a small claim surrounded by 14 other fragmented concessions. Emerson spent the better part of a year negotiating with each owner, ultimately consolidating all 15 claims into a continuous land package roughly 5 x 5 km in size.

Within that footprint are the historic Soledad I & II, Santo Niño, Eva, and Rosario veins — structures that once delivered 600–800 grams per tonne (g/t) silver underground but were only ever mined to about 150 meters depth and roughly 300 meters along strike.

Kingsmen’s geological modeling and systematic exploration have now traced those same veins out to approximately 1.4 km and 1.7 km, respectively, with modern surface sampling — and now drilling — replicating and in some cases exceeding the kinds of grades ASARCO mined decades ago.

At the district scale, Las Coloradas sits in a classic brownfields setting just 40 km from GoGold’s Parral operations — within easy trucking distance of infrastructure, power, water, and a skilled mining workforce anchored by the city of Parral.

GoGold’s nearby processing facility, built to handle gold, silver, lead, and zinc, will require ongoing ore feed for years to come… an attractive strategic upside for KNG as exploration and drilling advance.

What’s more, this is a mining address long recognized by majors, yet one that had never been unified, modeled, or drilled as a single system until the Kingsmen team arrived.

Emerson sums up the opportunity succinctly:

“We wanted a project with real scale — one where nobody could say, ‘We’ve already tried that and it didn’t work.’ Las Coloradas gives us exactly that: a historic mine in the middle of a district that’s never been properly drilled.”

Phase-One Drilling: Early High-Grade Hits
amid a Catalyst-Rich Cycle

With the land package consolidated, Kingsmen hit the ground running, moving quickly from maps to drill pads.

Most importantly, Phase-One wasn’t about rehashing old data — it was about finally testing what ASARCO never could: the deeper architecture of the system.

Kingsmen’s recently completed 3,227-meter, 12-hole program at Las Coloradas had three core goals:

  • Test below and along strike from the historic Soledad mine workings
  • Begin probing the deeper architecture of the broader epithermal vein system
  • Ground-truth magnetic, structural, and 3D IP resistivity targets
  • Set the stage for Phase-Two drilling (slated for early Q2 2026)

What stands out immediately from Phase-One is that the results delivered exactly the kind of mineralized intercepts Kingsmen was targeting — while also revealing something entirely new.

That “something new” is a previously unknown high-grade silver-gold structure — one that early drill results are now systematically delineating just 160 meters north of the Mine Zone hole and one that remains wide open for expansion.

Highlights from Phase-One (with additional assays pending) include:

  • Hole-4 returned 241 grams per tonne silver equivalent (g/t AgEq) over 3.15 meters from 70.1 meters, including 525 g/t AgEq over 1.15 meters (292 g/t silver) from 71.2 meters, with a gold component of 0.185 g/t.
  • Hole-5 returned 74 g/t AgEq over 15.7 meters, indicating significant silver mineralization is increasing in width and is open at depth and along strike.
  • Hole-8 returned 931 g/t AgEq with 1.28 g/t gold over 1.60 meters (521 g/t silver) from 156.4 meters, confirming a gold-rich structure not previously recognized on the property.
  • Hole-9 returned 931 g/t AgEq over 1.6 meters, including 1.28 g/t gold.
  • Hole-10 returned 1,028 g/t AgEq over 1.45 meters (455 g/t silver) from 190.25 meters, including 1,742 g/t AgEq over 0.70 meters (770 g/t silver).
  • Hole-12 returned 270 g/t AgEq over 1.3 meters from 56.7 meters; the first hole ever drilled on the Soledad II vein structure.

In addition to the impressive grades, the widths also exceed those historically mined by ASARCO — underscoring two key points:

  1. High-grade silver mineralization continues below and beyond the old workings.
  2. A gold-rich structure appears to exist 160 meters to the north, supporting Kingsmen’s thesis that multiple gold-rich vein sets extend along strike and at depth beyond what earlier miners could see.

As Emerson puts it:

“The gold rich silver mineralization intersected in hole LC-25-008 is an exciting discovery on a previously unknown structure. The mineralized intercepts in this hole and hole LC-25-010 are significantly wider than those historically reported and mined by ASARCO for the Soledad mineralization. This new discovery potentially adds a 3rd structure in what is a new area and the gold values significantly enhance the value of the mineralization. This mineralization is believed to be similar to that of the old La Prieta mine whose tailings are being reprocessed at GoGold's Parral operation. In addition, it opens the potential for additional significant discoveries in, to-date, untested structures which can be mapped at surface.”

That comparison to La Prieta — the system feeding GoGold’s tailings operation 40 km away — adds important regional context and highlights the geological continuity within the Parral district.

Kingsmen VP Exploration Kieran Downes, Ph.D., P.Geo., expanded on the emerging geological picture:

“The property continues to deliver exciting and promising results that show the potential for additional, new high-grade discoveries. There are many kilometers of veins/structures, all of which are prospective especially where dilatant zones for mineralization may be created by changes in attitude, splays, lithologic contacts and intersections. The shape of the mineralization may vary from simple vein to chimney to manto. The role of the intrusion intersected at depth, if any, will be evaluated in conjunction with the receipt of assays.”

Looking ahead, KNG is in the advanced planning stages of its upcoming Phase-Two drill program (slated for early Q2 2026) with a focus on:

  • Stepout and deeper drilling planned on the Soledad I and Soledad II vein systems
  • Approximately 700 meters of the Soledad structure remains untested
  • The 1.7-km Soledad II trend remains largely undrilled
  • New priority drill targets emerging at:
    • Saddle Zone
    • Silvia / La Plata Zones
  • Multiple large-scale targets reinforce district-scale upside

As noted above, follow-up holes across the broader Soledad area will include first-pass drilling at the Saddle prospect, a separate silver-gold target situated roughly 5 km to the north that could open an entirely new discovery front within the Parral district.

The main takeaway is that KNG is evolving from initial confirmation drilling toward systematic expansion across a fully consolidated high-grade silver-gold district that historically saw only limited shallow mining across fragmented parcels.

Expect plenty of news flow as Phase-Two drilling gets underway in the coming weeks.

 

Kingsmen’s Multi-Project Strategy
Taking Shape in Parral

While Las Coloradas remains the flagship and near-term value driver, it is also the foundation of a broader district strategy Kingsmen is steadily building around Parral.

The company’s recent accretive acquisition of the nearby Almoloya project — a drill-ready gold-silver system with past production and a large historical dataset — adds a second district-scale asset roughly 30 km northwest of Las Coloradas.

And as was the case for Las Coloradas, Almoloya was once fragmented among multiple claim holders until the Kingsmen team methodically stitched those pieces together.

Taken together, the two projects give Kingsmen something few juniors can claim:

  • A fully consolidated, past-producing silver-gold district with high-grade hits already confirmed and more results pending.
  • A second district-scale gold-silver asset now being prepared for its first modern, systematic evaluation with Phase-One drilling slated for late Q2 2026.

With the start of Phase-Two drilling at Las Coloradas just around the corner, KNG’s broader Parral thesis is beginning to crystallize: a unified exploration corridor anchored by two district-scale assets with the structural framework and geologic continuity to support multiple high-grade discoveries.

With that in mind, let’s take a deeper dive into Almoloya — the newest addition to Kingsmen’s growing district-scale portfolio.

 

Almoloya: Kingsmen’s
Second Strategic Foothold in Parral

Phase-One Drilling Straight Ahead

With Las Coloradas driving the near-term story, the newly acquired Almoloya project broadens Kingsmen’s district footprint, opening up a second structural corridor with meaningful gold-silver discovery potential.

Located roughly 30 km northwest of Las Coloradas along the same regional trend, Almoloya is a past-producing gold-silver system that — much like Las Coloradas before consolidation — had been divided among multiple small claim holders for generations.

Kingsmen has now brought those pieces together, creating a coherent land package positioned for its first modern geological evaluation and drilling.

As Scott Emerson states:

“At Almoloya, the combination of historic production, extensive underground workings and compelling structural controls provides an exciting opportunity to unlock significant new gold-silver discoveries. 2026 will be a transformative year for the company.”

Early fieldwork is underway to validate historical data, refine structural mapping, and prepare the project for systematic geophysics and geochemistry — the first modern geological work ever carried out on the property.

Just as importantly, Almoloya sits within the same trucking corridor as Las Coloradas with proximity to the infrastructure supporting GoGold’s Parral operations.

That district-level activity reinforces the relevance of the broader region and underscores the practical advantages of advancing two consolidated projects within an active North American mining hub.

Almoloya’s significance lies in the optionality it creates, giving Kingsmen:

  • A second past-producing system with a complementary gold-silver profile
  • An expanded drill-ready footprint in a historic precious metals district
  • Proximity to established regional infrastructure, a familiar permitting environment, and an experienced local labor pool
  • Flexibility to stage and sequence exploration and drilling as both projects advance side by side

Backed by historic workings and past production, Almoloya adds meaningful gold-silver discovery potential with Kingsmen preparing to commence Phase-One drilling in late Q2 2026 to test structurally controlled, gold-rich zones:

  • Initial diamond drilling planned on the Juliettas structures
  • District-scale oxide and CRD-style potential identified
  • Reconnaissance exploration underway at the Cigarrero Mine area
  • Past production highlights the scale and fertility of the system

Together, these two accretive assets position KNG as the emerging district leader in Parral in a strong precious metals price environment.

 

Right Metals Mix at the Right Time

Silver Above US$80. Gold Above US$5,000.
KNG is Advancing at the Right Moment.

Kingsmen Resources is pushing into its most important stage yet: multi-phase exploration and drilling across two newly consolidated precious metals zones in the heart of Mexico’s historic Parral district.

And it’s doing so at a moment when the broader market is finally rewarding grade, scale, and genuine discovery potential.

Silver has eclipsed US$80 per ounce as industrial demand from solar, EVs, and advanced manufacturing tightens an already strained supply chain.

Gold has surged beyond US$5,000 an ounce — just below its all-time high — driven by escalating geopolitical turmoil and systemic currency debasement.

That backdrop matters because Las Coloradas and Almoloya were built for markets exactly like this.

Las Coloradas — Kingsmen’s current drilling focus — is delivering the first high-grade intercepts ever recorded in a truly modern test of the district with Phase-Two drilling up next. Almoloya adds a second drill-ready project, expanding Kingsmen’s precious metals footprint and discovery upside with Phase-One drilling slated for late Q2 2026.

It’s a potent combination:

  • Active drilling into a high-grade silver-gold system
  • A second district-scale, drill-ready gold-silver project entering the pipeline
  • Strong precious metals prices amplifying every mineralized intercept

For speculators, it’s a powerful alignment of rising metals prices, the first modern drilling ever completed at Las Coloradas, early high-grade hits, meaningful district-scale optionality via the drill-bit, and a full suite of multi-project catalysts building into 2026.

To explore exactly how KNG is executing on that opportunity — and what comes next as Phase-Two drilling nears at Las Coloradas — we turn now to our exclusive interview with Mr. Scott Emerson, president & CEO of Kingsmen Resources.

 

Exclusive Interview with Kingsmen Resources
President & CEO Scott Emerson

As promised, our own Gerardo Del Real of Resource Stock Digest and Junior Resource Monthly caught up with Kingsmen Resources president & CEO Scott Emerson for a firsthand look at the company’s early high-grade hits at Las Coloradas, the strategy behind this newly consolidated district, and the catalysts now lining up as Phase-Two drilling approaches in one of Mexico’s richest precious metals addresses.

Behind every meaningful discovery is a management team capable of recognizing scale long before the market catches on — and Kingsmen is built around that exact type of stewardship.

Leading the charge is president & CEO Scott Emerson, a resource veteran with decades of capital markets experience and a track record of guiding exploration companies through financing, consolidation, and strategic growth.

It was Emerson’s disciplined approach that allowed KNG to assemble all 15 concessions of the Las Coloradas camp — something no operator before him had managed — and position the project for its first truly cohesive evaluation.

Supporting him is director Mark Pryor, a professional geologist with 40-plus years of experience advancing precious metals projects globally, including a key role in the development of the Los Gatos Mine in the Central Mexican Silver Belt.

Mark’s career spans senior technical positions with majors Anglo American and Placer Dome, reinforcing the team’s depth in brownfields exploration and regional expertise.

Adding significant depth on the technical side is VP Exploration Kieran Downes, Ph.D., P.Geo., a 40-year industry veteran whose global experience in structural geology, precious metals systems, and epithermal environments is proving invaluable as KNG maps out the deeper architecture of the Parral district.

Kieran’s early work is already helping the company vector toward new structures, refine priority targets, and better understand how the mineralized system at Las Coloradas evolves at depth and along strike.

Kingsmen’s broader technical team brings deep in-country experience and the operational discipline needed to advance the district’s full discovery potential. You can meet the full KNG team here.

So let’s dive in as Emerson walks us through what these early results are revealing about Las Coloradas — and how KNG is gearing up for more district-scale exploration and discovery-focused drilling across multiple projects in 2026.

Gerardo Del Real

Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the CEO of Kingsmen Resources, once again, announcing a new silver-gold discovery — Mr. Scott Emerson.

Scott, it feels like we’re having a similar conversation to the one we had last week, except this time it’s in a different area with wider widths and, dare I say, even better grades on some of the mineralization. Congratulations again. How are you today?

Scott Emerson

Scott Emerson: Thank you. Very well, Gerardo. And thanks for having me on as we deliver these results. I appreciate it.

Gerardo Del Real

Gerardo Del Real: Well, listen, let me provide some context on the numbers. This was 3.15 meters grading 241 grams per tonne silver equivalent, including a 1.15-meter intercept of 525 grams per tonne silver equivalent. There was also a gold kicker — 0.185 grams per tonne gold.

I have to say the same thing I said last week: this mineralization starts from relatively shallow depths, especially for what’s typical in the Parral Belt. It starts around 70 meters, and I think that’s an important point for the audience. I’d like you to provide context on that hole.

And just like last week, I’m going to play devil’s advocate and ask about the other two holes. I’ve heard two reactions. One was, “They missed on the other two holes.” Another, from a geologist friend, was, “I’m really intrigued by what’s at the bottom of that hole where there may be a gold target at depth.”

So give us the context on the hole that hit, and then let’s talk about the holes some people think missed.

Scott Emerson

Scott Emerson: Okay, to put it in perspective for your listeners, I always keep this simple, Gerardo. If you drew a straight line and pretended that’s a vein or structure — it’s obviously not perfectly straight, but take it as a straight line — we mapped and traced that structure for over 780 meters.

We took the surface samples that generated big numbers — again, 200, 300, even 600 grams per tonne on surface — and we went into the middle of that 750 meters and poked a hole. That’s the discovery hole.

So if you think about the entire property package, that’s what we’ve been doing. We’ve been testing these structures, and here we have extremely good mineralization — think of it as Kingsmen drilling right smack dab in the middle.

If you read the release, you’ll see that the extension is 300 meters to the northwest. In the other direction, it’s open for another 500 meters. So in total, we’ve got over 700 meters of strike length that we’ve drilled one hole on. Obviously, this year we’ll be diligently working and plugging more holes in there.

I hope that gives you some perspective as to why we’re so excited about the program and the program to come. While I’d like to say we expected something to be there, we didn’t know — and that’s why I call it a new discovery hole. And like we said in the last interview, every hole on this project is a discovery hole because it’s never been drilled.

Gerardo Del Real

Gerardo Del Real: Having that kind of scale has to be exciting, and I have to believe you weren’t just lucky enough to hit the best grades and widths on that hole. The likelihood of that is next to nil.

Scott Emerson

Scott Emerson: Correct, the likelihood of that is basically zero. That gives us confidence because grade and scale are what it’s about. If you look at the previous hole — it was a step-out 1.5 km away from Hole 10. That’s why I try to put it into a rectangle box.

I think I talked about this last time: a mile wide by two miles long. Think of it as a rectangle — everything we’ve drilled within that system has been a hit. That’s why I’m pretty ecstatic about what’s to come.

And to your point, this hit was at 70 meters deep. It’s shallow in comparison to the operating mines that surround us. We talk about that because people ask, “What’s your exit strategy?” We’re shallow, and that surprised us.

We expected the mineralization to be deeper even though we only drilled these holes to an average depth of about 150 meters. We don’t know what’s lurking below but we do know that whenever we’ve hit something deeper in the system it has gotten better.

Gerardo Del Real

Gerardo Del Real: Let’s talk about the other holes — the ones that didn’t have that type of mineralization but obviously had something. And to your point about drilling shallow holes, I’m going to ask you in a second about the future exploration approach because I know you and your team are working that out as we speak. But first, explain the context on the other two holes.

Scott Emerson

Scott Emerson: Those holes were angle holes, and they did not miss. They hit gold mineralization. I can’t remember the exact numbers — maybe 0.6 or 0.7 over half a meter, 0.19 — but when you look at the cross-sections, you can see the analogy between where we’re hitting this gold intersection and where we’ve hit the higher mineralization above.

You can follow that down at an angle and ask, “What’s happening deeper?” Something in the system has pushed up the gold, and something has pushed up the silver. Our next step in drilling is to see what’s deeper — is it a gold target, a silver target, or a gold-silver target?

We don’t know. But they didn’t come back with zero. The two holes you’re talking about had mineralization. Even though it was narrow, it contains the right minerals to indicate something is going on in the system.

We’re moving as fast as we can but we’re also being diligent. We won’t just start poking holes everywhere — we’ll have a plan and a strategy. And that drilling will start soon and continue throughout the year, so shareholders should see continuous news.

Gerardo Del Real

Gerardo Del Real: I can’t wait. I should also note that there are assays pending, and I’m looking forward to those. I’m also looking forward to hearing the plan for both Las Coloradas and Almoloya. Almoloya has extensive historic work — not a cheat sheet, but close — so you already have an idea of widths and grades from prior drilling.

Two districts, strong gold and silver prices — it should be a transformative 2026. I’m looking forward to having you back for the next assays and an exploration update.

Scott Emerson

Scott Emerson: Yes, and I thank you, your listeners, and our shareholders for supporting us through this journey. A strong shareholder base is critical, and with your help we’ve built that. It’s going to be an exciting 2026.

We have 29 million shares outstanding, and cost of capital is everything. We’ve maintained a strong shareholder base with very little dilution — and if the drill bit delivers, we’ve got a lot of room.

Gerardo Del Real

Gerardo Del Real: I couldn’t agree more. Thank you for your time, Scott.

Scott Emerson

Scott Emerson: Thank you, Gerardo.

 

The Kingsmen Resources Opportunity

Kingsmen Resources Ltd. (TSX-V: KNG)(OTCQB: KNGRF) heads into Q2 2026 with the strongest momentum in its history: fresh high-grade drill results from Las Coloradas, Phase-Two drilling ahead, and a growing structural model that now includes the potential emergence of a third silver-gold mineralized zone.

Phase-One drilling at Las Coloradas has already delivered the first modern confirmation of grade and continuity across the Soledad trend.

You heard directly from CEO Scott Emerson who says:

“With the successful completion of our upsized bought deal financing, Kingsmen is exceptionally well positioned to aggressively advance exploration across both the Las Coloradas and Almoloya projects. The results from our inaugural drill program at Las Coloradas confirmed shallow, high-grade silver-gold mineralization that remains open in all directions, while multiple large-scale targets remain virtually untested.”

Those targets will be tested in earnest in Phase-Two — including first-pass drilling at the high-priority Saddle target — driving home the point that the exploration runway at Las Coloradas remains wide open.

At the same time, Kingsmen is advancing its second consolidated asset at Almoloya, adding meaningful district-scale optionality within the same mining corridor. Early work is underway to prepare Almoloya for a Phase-One drill program, giving the KNG team a parallel pipeline of gold-silver targets as exploration progresses.

Importantly, Kingsmen closed a ~C$13 million financing in Q1 2026, leaving the company well funded to execute its near-term exploration initiatives across both projects.

With ~34.4 million shares outstanding on a fully diluted basis — for a current market cap below C$60 million — KNG remains one of the most attractively structured exploration stories in the junior resource sector, offering genuine leverage to each new round of results.

With silver above US$80 per ounce and gold north of US$5K an ounce, this is exactly the kind of market where KNG’s district-scale growth runway and tight structure can generate the type of rerating resource speculators look for in the small-cap space.

With multi-project drilling lined up for 2026, Kingsmen Resources is well positioned for a transformational year in what’s shaping up to be a precious metals bull market for the ages.

A great place to further your due diligence is the company’s corporate website where you can view the projects, meet the team, and sign up for direct updates from the company.

View the most recent Corporate Presentation here.

Kingsmen Resources Ltd. trades on the TSX-V under the symbol KNG and on the US OTCQB under the symbol KNGRF.

— Resource Stock Digest Research

Click here to see more from Kingsmen Resources
 

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