Mr. Simon Studer reports

KINGMAN COMPLETES DRONE MAGNETIC SURVEY AND ADVANCES DRILL PERMITTING AT MOHAVE PROJECT

In conjunction with the completion of a high-resolution drone-based magnetic survey, Kingman Minerals Ltd. has filed a Bureau of Land Management (BLM) notice of intent to conduct exploration for phase III drill program at its high-grade gold and silver Mohave Project in Arizona.

Since completing its oversubscribed financing in late 2025, the company has fast-tracked targeted technical work to enhance its geological and structural understanding ahead of permitting and drilling at its flagship project, including the historic Rosebud mine.

Geophysics completed

The company completed a high-resolution drone magnetic survey designed to support drill planning in covered areas and for property-wide structural reconnaissance. The survey comprised approximately 305 line kilometres flown on 30-metre line spacing at approximately 25 metres above ground level (AGL). Data were collected using a high-sensitivity potassium magnetometer and corrected using a ground-based magnetometer for diurnal variation. Processing deliverables include standard magnetic products such as total magnetic intensity (TMI), reduced to pole (RTP), and derivative maps including first vertical derivative (1VD), analytical signal and tilt derivative. The data set has been delivered for further processing, including three-dimensional magnetic inversion.

Simon Studer, interim chief executive officer, president and director, stated: "The immediate goal of the magnetic survey was to confirm and lock in drill locations for permitting. Depth-to-source estimates indicate that magnetic features deepen rapidly to the northwest while remaining relatively shallow to the southeast, making the southeast the most efficient first-pass target area for stepout drilling. Once the magnetic inversion is complete, we will work with the geophysicist to define final drill orientations from the permitted pad locations."

The company has delivered the magnetic data set for further processing, including three-dimensional magnetic vector inversion (MVI) modelling and geological analysis, to refine interpretations of structural geometry at depth and support finalization of drill collar locations and orientations for the next drill phase. Results will be integrated with historical mapping and geochemical sampling, and the company will provide updates as processing and interpretation are completed.

Permitting update

The company has filed its BLM notice of intent for drilling at Mohave. The application is under review and approval is expected in the near term. Once approved, Kingman intends to mobilize and commence drilling promptly. The proposed phase III program is designed to test the Southwick vein corridor extensions to the southeast of the Rosebud mine area of the Mohave project.

Technical disclaimer

The magnetic survey identifies variations in magnetic response and relative depth to magnetic sources only. It does not identify mineralization or economic potential. All interpretations remain preliminary pending final processing and validation.

Qualified person

The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Bradley C. Peek, MSc, CPG, qualified person for Kingman Minerals.

About Kingman Minerals Ltd.

Kingman Minerals is a publicly traded exploration and development company focused on precious metals in North America. The company's flagship project is the fully owned historic Rosebud mine, located in the Music Mountains, Mohave county, Arizona. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot main shaft and approximately 2,500 feet of drifts, raises and crosscuts.

We seek Safe Harbor.