Kingman Minerals Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to $350,000 and to settle $456,725 of debt with shares. The Company will use the net proceeds of the Offering for working capital purposes. Private Placement Subject to the approval of the TSX Venture Exchange , the Company intends to [...]
Inflation in the U.S. is at its highest level in 30 years, lifting the price of gold back well above the USD 1,800 per ounce mark and a key resistance. But if you believe Chris Vermeulen of https://TheTechnicalTraders.com, for example, this is just the beginning! In his opinion, the gold price should rise to USD 2,600 - and gold companies should [...]
Kingman Minerals Ltd. is pleased to announce the completion of the Phase I Drilling Program and report the receipt of assays for borehole MH-05. The Phase I Drilling Program completed a total 2552.5 feet of diamond core drilling which provides a fresh catalog of modern drill core for data collection and a significant and increased understanding of [...]
Kingman Minerals Ltd. is pleased to announce the receipt of assays for borehole MH-04 which completed at a depth of 882 ft and an angle of -70 degrees to horizontal during its Phase I Drilling Program at the Company's flagship Mohave Gold Project located near Kingman, Arizona, USA. The Phase I Drilling Program consisted of five confirmation drill [...]
Kingman Minerals Ltd. is pleased to announce that the Company MH-03 was completed at a total depth of 457 ft . It was drilled at an angle of -60 degrees to horizontal. It contained two incredibly significant mineralized intercepts, both of which were adjacent to and on either side of the rhyolite dike, as anticipated from historic reports. The [...]
Kingman Minerals Ltd. is pleased to announce that the receipt of assays for borehole MH-02 which completed at a depth of 806 ft . The hole was angled at -70 degrees to horizontal so that it would pass through the two veins beneath the 250-foot level of the mine workings. The first intersection was encountered at 272-276 ft and assays showed gold [...]
Kingman Minerals Ltd. is pleased to announce that core hole MH-05 was drilled at a -60 degree angle for a length of 449.5 feet . It intersected the first vein on the east side of the rhyolite dike from 391.6 to 395.0 feet . The second vein, on the west side of the rhyolite was not intersected because the drill hole broke into some of the old mine [...]
Kingman Minerals Ltd. is pleased to announce that the Company completed MH-01 at a depth of 225 ft . Core hole MH-01 was drilled 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 [...]
Kingman Minerals Ltd. is pleased to announce that core hole MH-04 was drilled at an angle of -70 degrees to intersect the two veins at depth, below the historic mine workings. The hole reached a total depth of 726 feet . It successfully reached the upper portion of the target zone at a depth between 365 and 383 feet and passed through a strongly [...]
Kingman Minerals Ltd. is pleased to announce 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 . It passed through a strongly altered and partlyoxidized zone, typically coincident with gold mineralization. Part of the zone contained up to an [...]
Kingman Minerals Ltd. is pleased to announce 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 [...]
Kingman Minerals Ltd. is pleased to announce that the Company completed MH-03 which was drilled at a -60° angle and reached a depth of 346 feet . It passed through 272 ft of the quartz diorite gneiss, which is the "country rock" in this region. It then entered a short 2 ft zone with sulfide stringers before entering a void. The void is presumed to [...]
