Mr. Scott Emerson reports

KINGSMEN GRANTED OPTION TO ACQUIRE 100% OF THE GOLD/SILVER ALMOLOYA PROJECT IN THE PARRAL MINING DISTRICT, CHIHUAHUA, MEXICO

Kingsmen Resources Ltd. has completed the previously announced transaction to acquire an option to acquire a 100-per-cent interest in the Almoloya gold/silver project, located 30 kilometres west of its 100-per-cent-owned Las Coloradas project, has been successfully completed. Both projects are located in the mining-friendly jurisdiction of Parral, Chihuahua, Mexico. The terms of the option require Kingsmen to make staged cash payments over an eight-year period, with the amount to be paid in the first two years being a total of $325,000 (U.S.) (including $75,000 (U.S.) in the first year). The option remains subject to the approval of the TSX Venture Exchange. For more information regarding the terms of the option, please see the company's press release dated July 9, 2025.

The Almoloya project includes the historic past-producing Cigarrero and Las Juliettas mines. The project represents a consolidation of five mineral claims into a single, contiguous land package covering 866.25 hectares (2,140.55 acres).

President Scott Emerson commented: "This acquisition strengthens our presence in the Parral district. The acquisition aligns with Kingsmen's objective of bringing new life to historically producing assets through claim consolidation. The acquisition terms also allows us to focus costs on exploration work rather than tenure payments in the initial years of the option. With the addition of Almoloya, we expand our land position in the region and continue to advance Kingsmen as a pre-eminent explorer in the Parral mining district with current exploration programs designed to deliver near-term significant discoveries."

Kingsmen is pleased with the Almoloya project area, which is prospective for high-grade silver, lead, zinc and gold mineralization. The project is situated within a large, 12-kilometre-by-14-kilometre, regional hydrothermal system. This is the first time the entire area has been consolidated by the same company. Many companies have explored portions of the current holdings but none have controlled the entire block, including Anglo American Exploration (Canada) Ltd., Newmont Corp., Western Copper Corp., Queenston Mining Inc., Quaterra Resources Inc., Alamos Gold Inc. and Hemlo Gold Mines Inc. Kingsmen is currently compiling and evaluating a number of significant databases. As well, Kingsmen is completing regional sampling and evaluation and looks forward to quickly advancing the Almoloya project to drill-ready status.

About Amoloya

The Almoloya project represents the culmination of a land consolidation process that has taken over 20 years to complete. The now-contiguous land package brings together historically fragmented claims, many of which were previously held and explored by major operators. Extensive historical data from these programs, conducted up until the early 2000s, is available to Kingsmen and provides a valuable foundation for future exploration. Since that time, the project has seen no systematic exploration by either junior or major companies, leaving significant potential untapped in a highly prospective and historically productive district.

Qualified person

Dr. Kieran Downes, PhD, PGeo, a director of Kingsmen and qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.

About Kingsmen Resources Ltd.

Kingsmen Resources is a mineral exploration company focused on advancing its 100-per-cent-held projects, the Las Coloradas silver/gold project and the Almoloya gold/silver project located in the prolific mining district of Parral, Mexico. The projects host historic past-producing high-grade silver mines. They are considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other, on-trend, high-grade deposits. In addition, the company has a 1-per-cent net smelter return royalty on the La Trini claims, which form part of the Los Ricos North project operated by GoGold Resources Inc. in Mexico. Kingsmen is a publicly traded company and is headquartered in Vancouver, B.C.

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