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The latest update is out from Kingsmen Resources ( (TSE:KNG) ).
Kingsmen Resources Ltd. announced a significant discovery in its Las Coloradas silver project, with the first drill program intersecting high-grade silver mineralization. The initial results from Hole LC-25-010 revealed a silver equivalent of 1,742 g/t over 0.7 meters, indicating the potential for further high-grade discoveries. This discovery underscores the project’s potential, with less than 5% of the property explored, and highlights the company’s strategic focus on expanding its resource base in a historically rich mining district.
More about Kingsmen Resources
Kingsmen Resources Ltd. operates in the mining industry, focusing on the exploration and development of silver projects. The company is primarily engaged in the Las Coloradas silver project located in the Parral mining district of the Central Mexican Silver Belt, Chihuahua, Mexico.
Average Trading Volume: 21,032
Technical Sentiment Signal: Buy
Current Market Cap: C$32.94M
For an in-depth examination of KNG stock, go to TipRanks’ Overview page.