Aankondiging • Apr 22
Kingman Minerals Ltd Completes Drilling at High-Grade Mohave Project and Historic Rosebud Mine Kingman Minerals Ltd. has completed its 8-hole Phase III core drilling using Altar Drilling of Tucson, Arizona. Phase III drilling targeted a previously untested area near the historic Rosebud Mine, which produced high-grade gold approximately 100 years ago. The target area lies southeast of a fault identified through the Company’s recent drone magnetic survey. The survey was flown by Storm Exploration LLC and interpreted by Fathom Geophysics LLC. The survey revealed the location of several faults on the property and the magnetic properties of each fault block. The Phase III drilling focused on the southeast side of a major NE-SW trending fault, herein named the “Rosebud South” fault. The fault was previously undetected because recent gravel deposits hid it. Veins on the northwest side of the fault, the two parallel Southwick veins, were mined 100 years ago and have been confirmed by the Company’s underground sampling program and two phases of drilling. These veins are high-grade (up to several hundred g/T Au) but narrow structures. The veins were traced across the Rosebud South fault by the magnetic survey. Observed iron-oxide staining in surface runoff reflects oxidation of iron-bearing minerals exposed during drilling, consistent with hydrothermal alteration processes commonly associated with gold systems. While not indicative of mineralization on its own, the feature supports ongoing geochemical activity and warrants further analysis. Observed drill core displays intervals of alteration and variable mineralization textures, including zones of oxidation and veining consistent with hydrothermal processes. The initial four holes of the Phase III program have intersected projections of the two Southwick veins and several other structures. The veins are much thicker than anything seen in the Rosebud Mine workings or in the first two drilling phases but appear to consist of the same type of mineralization as in the mine workings. Intercepts of visually encouraging alteration/mineralization up to 26 feet (7.9 meters) (not true width) have been recorded and are being sampled. The first samples have been delivered to Skyline Laboratories in Tucson, Arizona, for analysis. Assays are pending. Standard NI 43-101 protocols are being used for the handling and sampling of the core. Aankondiging • Feb 14
Kingman Finalizes 3D Magnetic Vector Model Kingman Minerals Ltd. announced that it has completed a project-scale, three-dimensional magnetic vector inversion ("3D MVI") model and has engaged Altar Drilling Inc. ("Altar") to carry out the proposed Phase III diamond drill program for its high-grade gold-silver Mohave Project ("Project") in Arizona. Magnetic data were collected over the Project area in December 2025 using a high-resolution drone-based airborne magnetic ("MAG") survey. Subsequently, the Company retained Ohio-based Fathom Geophysics LLC to process the magnetic data and complete the 3D MVI interpretation. Work included staged filtering and inversion steps, including standard magnetic data filtering, two-dimensional structural detection, magnetic vector inversion, three-dimensional structural detection, and integrated structural and lithological interpretations. Based on this workflow, the 3D MVI model outlines the geometry and orientation of interpreted magnetic lineaments and boundaries across the Mohave Project area, including a population of northwest-trending lineaments broadly parallel to mapped vein orientations. Three-dimensional edge detection of the magnetization-vector amplitude was used to sharpen these boundaries and help constrain the continuity of the northwest-t trending lineaments. A three-dimensional PDF visualization of the magnetic vector inversion model around the Rosebud Mine claims is available on the Company's website for reference. Phase III Drill Contractor Engagement. Kingman has engaged Tucson-based Altar Drilling Inc. to complete the Company's Phase III HQ diamond drill program at Mohave. Altar is comprised of experienced team with extensive experience in diamond drilling for mineral exploration projects across the southwestern United States, including structurally complex terrains. The Phase III program comprises seven HQ-diameter diamond drill holes totaling approximately 815 metres (2,673 feet), as previously disclosed. The program is designed to test the southeastern and northwestern extensions of the Southwick vein corridor contiguous to the historic Rosebud Mine. Drilling will be conducted from existing disturbances under the recently approved Bureau of Land Management Notice of Intent. Simon Studer, Interim CEO, President and Director of Kingman states: "With the drill permits in hand, the 3D MVI interpretation complete, and the drill contractor engaged, the next steps are mobilization and drilling. Mobilization is planned to commence immediately following receipt of final water-use authorization from the Arizona Department of Water Resources. Subject to receipt of that authorization and timely mobilization of crews and equipment by Altar, drilling is expected to begin on or about February 25. Drill core will be logged, sampled, and processed under the supervision of the Company's technical team in accordance with industry best practices and applicable regulatory requirements. Samples are planned to be submitted to Skyline Assayers Inc. for analysis. Technical Disclaimer. The magnetic survey and associated magnetic vector inversion (MVI) results identify variations in magnetic response and support interpretation of structural features and their continuity at depth. Magnetic data do not directly identify mineralization or economic potential. All interpretations remain preliminary pending further geological work, including mapping and drilling. Qualified Person. The technical information contained in this news release has been reviewed and approved by Brad Peek, MSc, CPG, who is a Qualified Person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Aankondiging • Nov 01
Kingman Minerals Ltd. announced that it has received CAD 1.499995 million in funding On October 31, 2025, KINGMAN MINERALS LTD. closed the transaction. The company announced that it has issued 21,428,500 units at a price of CAD 0.07 per unit for gross proceeds of CAD 1,499,995. Each unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0..09 per share, for a period of 24 months from the closing date. The company will pay finders' fees totaling CAD 82,558.20 and issue 470,910 non-transferable finders' warrants in connection with certain subscriptions under the offering. All securities issued pursuant to the offering will be subject to a statutory four-month hold period. The offering, including finders' fees and warrants, is subject to final approval by the TSX Venture Exchange. Aankondiging • Oct 02
Kingman Minerals Ltd. announced that it expects to receive CAD 1.5 million in funding Kingman Minerals Ltd. announced a non-brokered follow-on private placement to issue 21,428,571 units at a price of CAD 0.07 per unit for gross proceeds of CAD 1,499,999.97 October 1, 2025. Each unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0..09 per share, for a period of 24 months from the closing date. The Company may pay finders’ fees equal to 6.0% of the gross proceeds and issue finders’ warrants equal to 6.0% of the number of units sold. Each finders’ warrant will entitle the holder to purchase one common share of the Company at a price of CAD 0.09 for a period of 24 months from the date of closing. The closing of the offering is subject to all necessary regulatory approvals, including approval of the TSX Venture Exchange. All securities issued under the offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws. Aankondiging • Sep 10
Kingman Minerals Ltd. announced that it has received CAD 0.612953 million in funding On September 9, 2025, Kingman Minerals Ltd. closed the transaction. The company announced that it has closed 1,620,000 Units at a price of CAD 0.07 per Unit for aggregate gross proceeds of CAD 113,400 in second and final tranche. The transaction is oversubscribed. Together with the first tranche of the Offering, the Company issued 8,756,471 Units, raising gross proceeds of CAD 612,953 and issued an aggregate of 163,200 finder’s warrants and paid CAD 11,424 in finder’s fees. No insiders participated in the second tranche. In connection with this closing tranche, will pay a cash finder’s fee of CAD 6,804 and issue 97,200 non-transferable finder’s warrants (the “Finder Warrants”) to eligible arm’s-length parties. Each Finder Warrant entitles the holder to acquire one common share of the Company at an exercise price of $0.09 until September 9, 2027. Each Unit issued in the Offering consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of CAD 0.09 for a period of 24 months from the date of issuance. All securities issued pursuant to the Offering will be subject to a statutory four-month hold period. The Offering, including finder’s fees and warrants, is subject to final approval by the TSX Venture Exchange. Aankondiging • Jul 13
Kingman Minerals Ltd. announced that it expects to receive CAD 0.504 million in funding Kingman Minerals Ltd. announces a private placement to issue 7,200,000 units at a price of CAD 0.07 per unit for gross proceeds of CAD 504,000 on July 11, 2025. Each Unit will be comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CAD 0.09 per common share, for a period of 24 months from the date of closing of the Offering. The Company may pay finder’s fees equal to 6.0% of the gross proceeds and issue finder’s warrants equal to 6.0% of the number of Units sold. Closing of the Offering is subject to all applicable regulatory approvals, including approval of the Exchange. All securities issued under the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.