15:44:55 EDT Wed 20 May 2026
Enter Symbol
or Name
USA
CA



Kingman Minerals Ltd (2)
Symbol KGS
Shares Issued 43,237,521
Close 2026-05-19 C$ 0.14
Market Cap C$ 6,053,253
Recent Sedar+ Documents

Kingman Minerals receives approval for Rosebud drilling

2026-05-20 13:50 ET - News Release

Mr. Simon Studer reports

KINGMAN PERMITS FOR ADDITIONAL 16-HOLE DRILL PROGRAM AT HIGH-GRADE MOHAVE GOLD PROJECT AND HISTORIC ROSEBUD MINE SITE

Kingman Minerals Ltd. has received approval for an additional 16-hole exploratory drill program in and around the historic Rosebud mine site. The addition of 16 new drill holes is designed to systematically expand known mineralized zones, test priority stepout targets and evaluate deeper structures that may represent the core of the system.

"Historically, these systems demonstrated strong gold and silver mineralization at surface and underground in the Rosebud mine, yet modern exploration techniques have barely scratched the surface of what we believe is a much larger, structurally controlled gold system at depth. With 16 additional drill holes targeting extensions of known mineralization and new high-priority zones, we are positioning the project for meaningful discovery and rapid advancement. Located in a proven gold district near Kingman, Ariz., and surrounded by active operations, we see strong potential and upside," stated interim chief executive officer and director Simon Studer.

Kingman has proposed 16 prospecting directional core holes from eight pads (two holes from each pad) with associated access on federal surface and mineral, under the management of the Bureau of Land Management -- Kingman Field Office (BLM), centred approximately 16.5 miles northwest of Antares, Mohave county, Arizona. The 16 prospecting core holes are proposed to a maximum depth of 250 feet (77 metres) within a southeast-to-northwest trend focused on historic exploration data, effectively exploring four 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 3-D image of the geologic structure and stratigraphy underlying the project area and estimates of resource quantity and quality.

Technical information

The technical information in this news release 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 qualified person and director Bradley C. Peek, MSc, CPG, 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 in 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 shaft and approximately 2,500 feet of drifts, raises and crosscuts. The company believes that, to explore the full potential of the area, drilling and sampling along strike and depth extensions of existing and additional vein structures are essential.

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