New Risk • Apr 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.99m market cap, or US$4.39m). Duyuru • 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. Duyuru • 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). Duyuru • 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. Duyuru • 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. Duyuru • 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. New Risk • Sep 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.48m market cap, or US$1.07m). Duyuru • 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. Board Change • Jul 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brad Peek was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 18
Kingman Minerals Ltd., Annual General Meeting, Aug 21, 2025 Kingman Minerals Ltd., Annual General Meeting, Aug 21, 2025. Board Change • Jun 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brad Peek was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$252k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$252k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.32m market cap, or US$914.8k). Board Change • Jan 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brad Peek was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Brad Peek was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 27
Kingman Minerals Ltd. announced that it expects to receive CAD 2 million in funding Kingman Minerals Ltd. announced a non-brokered private placement that it will issue up to 22,222,222 units at an issue price of CAD 0.09 per unit for the gross proceeds of up to CAD 2,000,000 on October 25, 2024. 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 0.15 per common share, for a period of 12 months from the date of closing of the Offering, provided that if the closing price of the Company’s common shares for a period of 10 consecutive trading days is CAD 0.30 or higher, the Company will have the right to accelerate the expiry date of the warrants upon notice given by press release and the warrants will thereafter expire on the 30th calendar day after the date. 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 the approval of the Exchange. All securities are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. There is no minimum upon which the closing of the Offering is conditional, and any upsize will be announced in the context of the market. It is anticipated that certain insiders of the Company will acquire Units. New Risk • Feb 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$135k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$135k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$882.2k market cap, or US$654.1k). Duyuru • Dec 30
Kingman Minerals Ltd. announced that it expects to receive CAD 1 million in funding Kingman Minerals Ltd. announced a private placement of 14,285,714 units at a price of CAD 0.07 per unit for the gross proceeds of CAD 1 million on December 29, 2023. 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 0.10 per common share, for a period of 5 years from the date of closing of the offering. Closing of the Offering is subject to all applicable regulatory approvals, including the approval of the Exchange. All securities are subject to a hold period of four months and one day in accordance with applicable securities laws. Duyuru • Nov 13
Kingman Minerals Ltd., Annual General Meeting, Jan 11, 2024 Kingman Minerals Ltd., Annual General Meeting, Jan 11, 2024. New Risk • Oct 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 82% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$222k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.45m market cap, or US$1.06m). Duyuru • Jan 18
Kingman Minerals Ltd. announced that it expects to receive CAD 0.806725 million in funding Kingman Minerals Ltd. announced a non-brokered private placement of 3,500,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 350,000 and 4,567,250 common shares at a price of CAD 0.10 per share for gross proceeds of CAD 456,725; for aggregate gross proceeds of CAD 806,725 on January 17, 2023. Each unit will be comprised of one common share 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 0.12 per common share, for a period of 5 years from the date of closing of the transaction. No finder's fees are payable in connection with the transaction. Closing of the transaction is subject to all applicable regulatory approvals, including the approval of the Exchange. All securities are subject to a hold period of four months and one day in accordance with applicable securities laws. Duyuru • May 07
Kingman Minerals Ltd., Annual General Meeting, Jul 11, 2022 Kingman Minerals Ltd., Annual General Meeting, Jul 11, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Cyrus Driver was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 09
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Cyrus Driver was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 30
Kingman Minerals Ltd. Announce Results from Phase II Drill Program on Mohave Project near Kingman, Arizona, USA Kingman Minerals Ltd. announced its assay results for Phase II diamond drilling on the Mohave Project near Kingman, Arizona, USA. Kingman Minerals experienced slow drilling and technical issues caused by supply chain and other pandemic related problems, which led to a temporary suspension of the Phase II diamond drilling. As such, the Company was unable to fully test all desired targets. Yet, two of the partially completed holes (MH- 07, MH-08) were capped and are to be re-entered at some point in 2022 and completed to their respective target depths. All of the 24 fully permitted holes are intended to define the continuation of the vein systems away from the Rosebud shaft area and to test some deeper targets suspected to be present within the Rosebud claim group. Diamond drill hole MH-06 intersected both main vein systems with the East vein yielding 0.7 gpt Au, & 132 gpt Ag. The west vein showed values of 4.3 gpt Au, & 68.3 gpt Ag. These intercepts extend the veins to the southeast of the mine workings, where previously no vein mineralization was known to occur. The MH- 06 discoveries open an entirely new area for future Mohave Project exploration. Core hole MH-07, which has a target depth of 2000 feet (610m) was temporarily suspended at 1185 feet (361m) due to escalating drilling costs. Although the hole is not yet completed, a Tertiary-age porphyry intrusive and associated alteration in the lower part of the hole indicate the possibility that there could be a larger mineralizing system at depth. Duyuru • Dec 22
Kingman Minerals Ltd. announced that it has received CAD 0.69225 million in funding Kingman Minerals Ltd. announced a private placement to issue 13,845,000 units at a price of 0.05 per unit for gross proceeds of CAD 692,250 on December 21, 2021. Each unit consists of one common share and one transferable share purchase warrant exercisable at a price of 0.075 till December 21, 2025. All shares and warrants issued pursuant to this financing will be subject to a statutory hold period of four months plus one day from the date of closing. No insiders or pro-group members participated in this placement. A finder's fee of 10% cash and 5% broker warrants will be payable to Canaccord Genuity Corp. Duyuru • Sep 24
Kingman Minerals Ltd. Commences Drilling Mohave Gold Project Phase II Program Kingman Minerals Ltd. announced that Godbe Drilling of Kingman Arizona has commenced drilling the Phase II drill program on the Mohave Gold Project in Arizona, USA. The program is permitted for up to 24 holes in total, ranging in depths from approximately 207ft (63 m) to 2,000 ft (610 m). The twenty-four prospecting core holes are proposed to various directional depths within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources. The proposed exploration project coupled with existing data from historic exploration would facilitate development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of reserve quantity and quality. The program will commence with an initial two holes; an angle hole to test for the veins southeast of the Rosebud workings and one 2000-foot-deep hole to test for possible porphyry copper/moly type mineralization. These holes are to be drilled from one site just below the old Rosebud mine dump. Duyuru • Jul 03
Kingman Minerals Ltd. Announces Received Permits for its Upcoming Phase II Drill Program on the Mohave Project Kingman Minerals Ltd. announced that it has received permits for its upcoming Phase II drill program on the Mohave Project, and historical Rosebud Mine. The company has proposed a 24-hole program including a number of significant holes down to depths of 3000 ft (914m). The twenty-four
prospecting core holes are proposed to various directional depths within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources while minimizing overall surface disturbance. The proposed exploration project coupled with existing data from historic exploration would facilitate development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of reserve quantity and quality. The proposed plan includes the following: a) New access road construction for multiple pass ingress and egress across 1,225 feet of federal surface (12-foot width) totaling 0.34 acres of estimated disturbance; b) New exploration core hole site construction of twelve 15-foot by 12-foot pads totaling 0.05 acres of estimated disturbance; c) Construction of one drilling sump (five-foot square by four-foot deep) on each core hole pad, d) Directional hole coring of twenty-four holes (two core holes per pad) within existing claims to determine the quality and quantity of federal metals reserves within the project area and better understand the underground geologic strata; e) Sequential plugging, immediately following drilling, of the core holes to Arizona State Department of Water Resources specifications; and f) Solidification with cement and reclamation of the sump, core hole site. Coring of the holes by track-mounted coring equipment would account for the majority of work to be completed in the project area and is anticipated to take up to three months to complete. Duyuru • May 08
Kingman Minerals Ltd. Completes the Graduation of Its US Listing from the OTC Pink Sheets to the OTCQB Kingman Minerals Ltd. announced that the Company has completed the graduation of its US Listing from the OTC Pink Sheets to the OTCQB. Effective as at market open on May 4, 2021. The OTCQB® Venture Market offers investors transparent trading in entrepreneurial and development stage U.S. and international companies that may not yet quality for OTCQX. Kingman is in the final stages of permitting a second phase of drilling of the Mohave Project and the historic Rosebud Mine. The Company has proposed a 24-hole program including a number of significant holes down to depths of 3000 ft (914m). This program is designed to further examine the size and extent of the 8 veins on the Property including any pinch and swell trends as well as further indicators supporting larger porphyry system. Duyuru • Mar 21
Kingman Minerals Ltd. Announces Drilling Results at Kingman Drills Hole MH-04 in Historic Mine Area Kingman Minerals Ltd. announced that the Company is drilling MH-04 which at a -70° angle and successfully reached the upper portion of the target zone at a depth between 365 and 383 feet (110.6 and 116.7 m). It passed through a strongly altered and partlyoxidized zone, typically coincident with gold mineralization. Part of the zone contained up to an estimated 10% arsenopyrite. The zone is intermingled with felsic and mafic intrusives and hydrothermal breccias. Hydrothermal breccias are usually formed through hydrofracturing of rocks by hydrothermal fluids under great pressure. They are common in the epithermal ore environment and can be associated with intrusive-related ore deposits which include skarns, greisens and porphyry-related mineralisation. Epithermal deposits are commonly mined for copper, silver and gold. Duyuru • Mar 18
Kingman Minerals Ltd. Permits Phase 2 Drill Program on Past Producing Mohave Project Kingman Minerals Ltd. announced that the Company has submitted a new permit application to the Kingman Field Office of the Arizona Bureau of Land Management for a Phase II drill program to be conducted on the Mohave Project near Kingman Arizona. The Mohave Project is comprised of 71 lode claims including the historic past producing high-grade gold Rosebud Mine. The Phase II Drill Program would consist of 24 drill holes to a maximum depth of 400ft (122m) and include the following: a) New access road construction for multiple pass ingress and egress across 1,225 feet of federal surface (12-foot width); b) New exploration core hole site construction of twelve 15-foot by 12-foot pads; c) Construction of one drilling sump (five-foot square by four-foot deep) on each core hole pad, d) Directional hole coring of twenty-four holes (two core holes per pad) within existing claims to determine the quality and quantity of federal metals reserves within the project area and better understand the underground geologic strata; e) Sequential plugging, immediately following drilling, of the core holes to Arizona State Department of Water Resources specifications; and f) Solidification with cement and reclamation of the sump, core hole site and access road. Duyuru • Mar 11
Kingman Drills Mohave Project and Past Producer Rosebud Mine: Hole Mh-01 Favorable Rhyolites Kingman Minerals Ltd. announced that Kingman continues to drill the Mohave Project in the Rosebud Mine area. MH-03 is being drilled at an angle of -60 degrees and is expected to intersect mineralized veins on either side of a rhyolite dike. The veins are to be intersected below the lowest (250-foot) level of the historic Rosebud Mine. The drilling is expected to verify the thickness and grade of the veins recorded in previous exploration activity reports.
This is an example of core from first of five proposed drill holes. It is a close-up photo of brecciated vein material filled with iron oxide, probably hematite. The rock type here is an altered rhyolite and it came from 44 meters deep on core hole MH-01. The technical information contained in this news release has been reviewed and approved by Brad Peek., M.Sc., CPG, who is a Qualified Person with respect to Kingman’s Mohave Project as defined under National Instrument 43-101. Duyuru • Mar 07
Kingman Minerals Ltd. Drills Mohave Project and Announce the Completion of Hole MH-02 Kingman Minerals Ltd. ("Kingman" or the "Company") announced the completion of Hole MH-02 at a depth of 806 ft and an angle of - 70° drilled in the Rosebud Mine area of the Mohave Project. The Mohave Project (the "Project") is located in the Music Mountains in Mohave County, Arizona and is comprised of 71 lode claims which are inclusive of the past producing Rosebud Mine (the "Rosebud"). MH-02 intersected two mineralized veins on either side of a rhyolite dike, as also seen in MH-01, which are exposed and have been sampled in the historic underground workings. MH-02 appeared to intersect the rhyolite dike and veins between approximately 266' (81.1 m) and 345' (105.2 m). MH-02 encountered sulfide/galena veinlets to 2 cm wide at around 271 ft (82.6 m). The sulfides and galena were deposited in fractures and in the intrusive breccia by hydrothermal fluids that are responsible for the gold and silver mined in the historic workings. This phase of drilling is expected to verify the thickness and grade of the veins recorded in previous exploration activity reports. The technical information contained in this news release has been reviewed and approved by Brad Peek., M.Sc., CPG, who is a Qualified Person with respect to Kingman's Mohave Project as defined under National Instrument 43-101. Duyuru • Mar 04
Kingman Minerals Ltd. Announces Kingman Is Continuing to Drill the Mohave Project in the Rosebud Mine Area Kingman Minerals Ltd. announce that Kingman is continuing to drill the Mohave Project in the Rosebud Mine area. The five core holes are proposed to various directional depths within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources. MH-02 is expected to intersect two mineralized veins on either side of a rhyolite dike, as were seen in MH-01 and are exposed and have been sampled in the historic underground workings. The drilling is expected to verify the thickness and grade of the veins recorded in previous exploration activity reports. The technical information contained in this news release has been reviewed and approved by Brad Peek., M.Sc., CPG, who is a Qualified Person with respect to Kingman's Mohave Project as defined under National Instrument 43-101. Duyuru • Feb 28
Kingman Completes Hole MH-01 @ 225 Ft in Rosebud Mine Area Intersecting 2 Mineralized Veins Kingman Minerals Ltd. announced that the company completed MH-01 at a depth of 225 ft (68.6m). Core hole MH-01 was intended to intersect the two veins that were mined primarily in the 1930s for gold and silver. The hole was angled at -45 degrees to horizontal so that it would pass through the two veins between the 100- and 200-foot levels of the mine workings. The two veins in the mine are separated by a rhyolite dike (a Tertiary intrusive rock) that varies between 20 and 50 feet in width and which may have influenced the gold and silver mineralization. The surrounding "country rock" is the Precambrian-age Quartz Diorite Gneiss, a very old metamorphic rock. Other intrusive rocks encountered in the drill hole include a Porphyritic Diorite and a Diabase, also probably of Tertiary age. The intersection of the vein in two places was the objective of the drill hole and it will hopefully confirm the grades of gold and silver stated in historic reports on the property. Duyuru • Feb 26
Kingman Minerals Ltd. Commences Drilling the Mohave Project in the Rosebud Mine Area Kingman Minerals Ltd. announced that with final permits in place, Kingman has commenced drilling the Mohave Project in the Rosebud Mine area. Kingman will complete five exploration directional core holes from three pads with the intention of gaining maximum information while minimizing surface disturbance. The five core holes are proposed to various directional depths within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources. The proposed exploration project coupled with existing data from past and historic exploration programs will facilitate the further development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of resource quantity and quality. MH-01 is expected to intersect two mineralized veins on either side of a rhyolite dike, veins that are exposed and have been sampled in the historic underground workings. The drilling is expected to verify the thickness and grade of the veins recorded in previous exploration activity reports. Duyuru • Feb 19
Kingman Minerals Ltd. Receives Permits and Commences Phase 1 Drill Program on Past Producing Mohave Project Kingman Minerals Ltd. announced that the Company has received final permits and has commenced complete the Phase I Drill Program on the Mohave Project. A total of 5 holes will be drilled to a maximum depth of 890ft. This phase of drilling in the vicinity of the historic past producing Rosebud Mine was designed to further validate past exploration work on the Property. Through the completion of the program, the Company will be able to produce a current NI 43-101 resource estimate for the mine area. Gold was first discovered in the area in 1879. By the turn of the century, twelve mines were operating, 10 of which were within two miles of the present property. The largest mine was the Ellen Jane, with a 200- foot (61-meter) shaft and two working levels, with most mining carried out from the 100-foot level up. One mine is reported to have developed a shaft to the 400-foot level. High grade ore was reportedly recovered, mainly between the 100-foot level and the surface. This data estimates that there was a total of 24,820.4 (772,001 grams) contained gold ounces combined in the 8 identified blocks. Calculations performed by the Ed Harrington B.Sc. P.Geo (2005) show an overall gold grade of 1.148 ounces per ton (39.353 grams per ton) for the 21,621 tons indicated in the mineralized blocks on Jacobson's plan. Duyuru • Feb 12
Kingman Minerals Inc. Commissions Godbe Drilling to Complete Phase 1 Program on Mohave Project Kingman Minerals Ltd. announced that the company has engaged Godbe Drilling of Montrose, Colorado to complete the Phase I Drill Program on the Mohave Project. A total of 5 holes will be drilled to a maximum depth of 890ft. Godbe Drilling is a family-owned diamond core drilling company established in 1994, with the management and field experience of a 40-year veteran. The Godbe name is synonymous with the mining industry. In early 2020, Burgex Mining Consultants were contracted by the Company to determine the accessibility of the Rosebud Gold Mine and complete two underground sampling programs. During the first program, Burgex was able to use ropes and ladders to assess the safety and stability of the main production shaft and lower themselves down to the 100-foot level of the abandoned mine. Below the 100ft level the shaft was blocked by debris and garbage, which Burgex was able to successfully clear during this second program in order to gain access to the 200ft level. Additional debris was blocking the shaft below the 200ft level preventing them from accessing the 250ft level. Duyuru • Jan 29
Kingman Minerals Ltd. announced that it has received CAD 0.96309 million in funding On January 28, 2021, Kingman Minerals Ltd. (TSXV:KGS) closed the transaction. The company issued 10,700,999 units for gross proceeds of CAD 963,090. Each warrant exercisable at a price of CAD 0.12 for a period of 24 months expiring January 28, 2023. The company paid a finders fee of 6% in cash to be paid to various finders including CAD 5,940 to Ken Macleod, CAD 8,100 to Haywood Securities Inc, CAD 599.40 to o Echelon Wealth Partners, CAD 11,070 to Mackie Research Capital Corp, CAD 16,205.40 to Canaccord Genuity, and CAD 7,500.60 to Hampton Securities Limited. The transaction included participation from pro-group members for proceeds of CAD 63,000 and insiders of the company subscribed for proceeds of CAD 221,500. Duyuru • Jan 08
Kingman Minerals Ltd. announced that it expects to receive CAD 1.05 million in funding Kingman Minerals Ltd. (TSXV:KGS) announced a private placement for a maximum of 15,000,000 units at issue price of CAD 0.07 per unit for gross proceeds of up to CAD 1,050,000 on January 6, 2021. Each unit will consist of one share of the company and one transferrable common share purchase warrant. Each warrant can be exercisable at a price of CAD 0.10 for a period of one year from the date of issuance. The closing of the transaction is subject to necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued are subjected to hold period of four months plus a day from date of issuance, in accordance with applicable securities legislation. Duyuru • Sep 23
Kingman Minerals Ltd. Applies for Permit to Drill Mohave Gold Project Kingman Minerals Ltd. announced that the Company has submitted a Notice of Intent to Conduct Exploration on the past producing Mohave Project (Phase 1) located in the Music Mountain Mining District in Arizona. Kingman has proposed five prospecting directional core holes from three pads with associated access on federal surface and mineral, under the management of the Bureau of Land Management - Kingman Field Office (BLM), centered approximately 16.5 miles northwest of Antares, Mohave County, Arizona. The five prospecting core holes are proposed to a depth of 330 feet (100 meters) within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources while minimizing overall surface disturbance. The Company's 1st Phase of drilling will encompass: a) Multiple pass ingress and egress (12-foot width) of entirely existing disturbance access road (0.00 acres of estimated disturbance); b) Disturbance for three 70-foot by 30-foot exploration core hole sites (0.14 acres of estimated disturbance); c) Construction of one drilling sump (ten-foot square by four-foot deep) on each core hole pad; d) Directional hole coring of five holes within the claims to determine the quality and quantity of federal reserves within the project area and better understand the underground geologic strata to a depth of 330 feet (100 meters); e) Plugging of the core holes to Arizona State Department of Water Resources specifications; and f) Solidification with cement and reclamation of the sump, core hole site and access road as discussed in detail below. Coring of the holes by track-mounted coring equipment would account for the majority of work to be completed in the project area and is anticipated to take up to two months to complete. The prospecting program has been designed to maximize data recovery while minimizing overall surface disturbance within the project area with minimal vegetation and topsoil removal anticipated. This, coupled with the existing data from historic exploration would facilitate development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of reserve quantity and quality.