Kingsman Resources Unveils Promising Silver Findings at Lost Colorus, Chihuahua

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YouTube video ID: hY4JoL15gQg

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Overview

Kingsman Resources, a junior mining explorer focused on Chihuahua, Mexico, announced significant drill results from its flagship Lost Colorus project. The company, recently backed by new investors, highlighted a high‑grade silver intercept and outlined its aggressive 2026 drilling plan.

Project Background

  • Location: Chihuahua state, northern Mexico
  • Lost Colorus: Consolidation of several fragmented claims into a single district‑scale target
  • Historical mine: Operated 1944‑1952, 300 m long and 150 m deep, produced high‑grade underground silver
  • Resource estimate: Company believes the district could host ~200 million ounces silver equivalent

Recent Drilling Results

  • Hole 1 (parallel structure, 1.5 km from historic mine):
  • 2 m interval grading >1,000 g/t silver

  • No gold detected (laughter noted by presenters)
  • Surface sampling: 300‑600 g/t silver with trace lead and zinc, supporting the drill target
  • Additional holes: Two more drill holes returned mineralization, confirming the presence of pathfinder metals and indicating the broader system is active.
  • Geological footprint: Mineralization now confirmed within a 2.5 km × 1 km rectangle (≈2 mi × 0.6 mi).

Exploration Strategy

  • Mapping & sampling: One year of intensive work to compile historic data, geophysics, and surface assays.
  • Step‑out drilling: Targeted a parallel vein system 1.5 km away from the known mine, demonstrating the district’s potential breadth.
  • Drill program: Fully funded 2026 campaign aimed at delineating the size and continuity of the silver system.
  • Future targets: Plans to replicate the Lost Colorus approach at the Amaloya project, with a 3,000 m drill program slated for Q1.

Financial Position & Company Structure

  • Shares outstanding: 29 million
  • Cash on hand: ~US$4 million
  • Operating model: Small, hands‑on team (no large overhead), focused exclusively on Chihuahua assets.

Investor Perspective

  • Value driver: "Drill bit is what drives value" – the company emphasizes that high‑grade drill results are the primary catalyst for shareholder upside.
  • Risk acknowledgement: Management admits the exploration stage is speculative but stresses disciplined, data‑driven drilling.
  • Engagement: Founder Scott Emerson is accessible to investors via phone, email, Instagram, and LinkedIn; the company is a sponsor of the interview channel.

Upcoming Milestones

  • Q1: Release of additional drill results from Lost Colorus and initial data from Amaloya.
  • Q2: Commencement of a second‑phase drilling campaign at Lost Colorus.
  • 2026: Full‑scale, fully funded drill program to test the district’s extent and grade continuity.

Contact Information

  • Website: www.kingsmanresources.com
  • Email: [email protected]
  • Phone: Direct line provided during interview (call and leave a message)
  • Social media: Instagram, LinkedIn (regular updates)

Kingsman Resources’ recent high‑grade silver intercept at Lost Colorus validates a district‑scale target and positions the company for an aggressive, fully funded 2026 drilling campaign, making it a compelling watch for investors seeking upside in junior silver exploration.

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