KNG.V · 2026-01-19 12:00:00

Drilling Confirms Continuity of Mineralization 70 Meters

Exploration Programs

TSXV: KNG

OTCQB: KNGRF

FSE:TUY

___________________________________________________________________________________________________

DRILLING CONFIRMS CONTINUITY OF MINERALIZATION 70 METERS

DOWN-DIP CUTS 15.7m @ 74 g/t Ag Eq

INCL. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m

VANCOUVER, BRITISH COLUMBIA – January 19, 202 6 - Kingsmen Resources Ltd. (“Kingsmen or the

“Company”) (TSXV: KNG), (OTCQB: KNGRF) (FSE: TUY) is pleased to report assays from diamond drill holes LC-

25-005, LC-25-006 and LC-25-007 drilled on the Soledad mineralized structure. Assays from hole LC-25-010,

drilled as an undercut to LC-25-005, were previously reported on September 24, 2025.

Highlights:

1. LC-25-005: 15.7 meters @ 74 g/t Ag Eq (46 g/t Ag) in alteration zone (107.5-123.2m)

including:

• Upper zone:704 g/t Ag Eq (460 g/t Ag) over 0.35m (108.5 – 108.85m)

• Lower zone: 1379 g/t Ag Eq (848 g/t Ag & 0.87g/t Au) over 0.6m (115.6-116.2m)

2. Increasing width and grade of the silver mineralization in LC-25-010 (previously reported)

clearly show the potential at depth for untested significant high grade silver mineralization:

• 1,028 g/t Ag Eq over 1.45 meters (455 g/t Ag) from 190.25-191.70m including 1,742 g/t

Ag Eq over 0.70 meters (770 g/t Ag) from 190.85- 191.55m

3. Holes LC-25-006 and LC-25-007 intersected old workings where the Soledad mineralization

had been mined out by ASARCO. This accounts for the absence of Soledad mine

mineralization in hole LC-25-006 and LC-25-007

4. High-grade silver intersection in LC-25-006, and the high-grade silver and gold intersections

in LC-25-007, coupled with wide alteration show, show potential for untested silver and gold

mineralization along strike and at depth

President, Scott Emerson commented, “Holes LC-25-005 and LC-25-010 show the significant silver mineralization

is increasing in width and is open at depth and on strike. As well, the high-grade silver intersection in LC-25-006,

and the high-grade silver and gold intersections in LC-25-007, show untested potential along strike and at depth.

These four holes confirm continuity of mineralization that is open along strike and at depth.”

Holes LC-25-005, LC-25-006 and LC-25-007 were drilled to test for Soledad mineralization at depth. L C-25-006

and LC-25-007 intersected old workings where the Soledad mineralization had been mined out by ASARCO. LC-

25-005 did not intersect any old workings. The geological sequence consists of variably sheared and interbedded

arenite and lutite. The lutite is more ductile and deformation is most clearly seen in this rock type. Alteration

comprises green chlorite-epidote-nontronite and sericite with pyrite -calcite veinlets, sphalerite-(galena) veinlets,

grey to white bleaching +/ - disseminated pyrite (mm -cm) size. Alteration varies from 5 - 80% of the core,

frequently appears “foliated” and appears to be preferentially developed in ductile lutites and. Disseminated pyrite

is preferentially developed in arenite.

LC-25-010, drilled as an undercut, intersected a 13.5 meter wide zone grading 64.3 g/t silver (178.35-191.70m)

including 1.45 meters grading 455 g/t silver (190.25-191.70m) and 0.7 meters grading 770 g/t silver (Figures 1,

2 and 3) and Table 1. The intersection is approximately 70 meters down dip and below the intersection in LC-25-

005. In common with the other holes the mineralization contains high levels of zinc and lead, as well as anomalous

levels of pathfinder elements arsenic, bismuth and antimony as well as indium (Table 1). Significant gold of 0.60

g/t is associated with an arsenopyrite rich zone.

Hole LC-25-005 intersected two zones of high-grade silver within a 15.3 meter alteration zone (Figures 2 and 3).

• Upper zone:460 g/t Ag over 0.35m (108.5 – 108.85m)

• Lower zone: 848 g/t Ag & 0.88g/t Au over 0.6m (115.6-116.2m)

Both zones carry high levels of zinc and lead, as well as anomalous levels of pathfinder elements arsenic, bismuth

and antimony (Table 2). This unmined mineralization is interpreted to be part of the Soledad zone mineralization

that was mined by ASARCO.

Hole LC-25-006 was drilled as 50-meter step out to the SW (Figure 2). The Soledad zone has been mined out

(104.3-105.9m) (Figure 4 and Table 2). Remnant footwall mineralization of 472 g/t silver over 0.30m was

intersected. The mineralization contains high levels of zinc and lead, as well as anomalous levels of pathfinder

elements arsenic, bismuth and antimony.

Hole LC-25-007 was drilled as a 50 meter step out to the NW (Figure 2). The Soledad zone has been mined out

(118.1-120.1m) (Figure 5 and Table 2). Remnant footwall mineralization of 115 g/t silver and 0.49 g/t gold over

0.25m was intersected as well as 0.34 g/t gold over 1.0m. The mineralization contains high levels of zinc and

lead, as well as anomalous levels of pathfinder elements arsenic, bismuth and antimony (Table 4). The

mineralization is within a 100-meter-wide zone of alteration from 51.5 -118.1m above the mined out area and

from 120.1-151.4m below it. The width of the alteration zone in LC-25-007 is significantly wider than in holes LC-

25-005 and LC-25-006 and indicates potential for additional mineralization along strike.

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Figure 5

Table 1 Silver Equivalents

HOLE ID From

(m)

Width

(m)

Ag Eq

(ppm)

(%)

LC-25-005 107.5 123.2 15.7 74 0.04 46 0.88 0.68

incl 108.5 116.2 7.7 142 0.08 89 1.80 1.20

and 108.5 108.85 0.35 704 0.09 460 7.48 6.47

and 115.6 116.2 0.6 1379 0.867 848 18.25 11.70

The silver equivalent calculation formula is AgEq(g/t) = ((Ag grade (g/t) x (Ag price per ounce/31.10348) x Ag recovery) + (Pb grade (%) x

(Pb price per tonne/100) x Pb recovery) + (Zn grade (%) x (Zn price per tonne/100) x Zn recovery) + (Au grade (g/t) x (Au pri ce per

ounce/31.10348) x Au recovery)) / (Ag price per ounce/31.10348 x Ag recovery). The prices used were US$3675/oz gold, US$2960/t zinc,

US$2003/t lead and US$42/oz silver. Recoveries are estimated at 40% for gold, 91% for lead, 85% for zinc and 92% for silver b ased on

published figures by Kootenay Silver Inc. for sulphide mineralization in the Cigarra deposit, Chihuahua, Mexico, a deposit with similar style

mineralization (https://kootenaysilver.com/news/kootenay/2024/kootenay-silver-announces-updated-mineral-resource-estimate-for-la-

cigarra-project-chihuahua-mexico).

Table 2 Analyses

True width cannot be determined at this time and reported widths are drilled intervals.

Table 3 - Collar table

Hole_ID Easting Northing Elevation Az Dip EOH

LC-25-005 464770 2964455 1661 220 -60 248.45

LC-25-006 464804 2964418 1660 220 -60 152.85

LC-25-007 464731 2964485 1662 220 -60 167.60

LC-25-0010 464864 2964572 1651 220 -45 269.45

QAQC

The drill core (HQ size) was geologically logged and sampled. The full drill core was sawn with a diamond blade

rock saw. One half of the sawn drill core was bagged and tagged for analysis. The remaining half portion was

returned to the drill core tray and stored. Bagged samples were securely stored prior to submission for analysis.

Samples were submitted to ALS Geochemistry-Chihuahua for multielement analysis following four -acid digestion

(code ME-MS61), and gold by fire assay-AA (code Au-AA23) with over limit silver, lead and zinc analyses. Quality

assurance and quality control (QA/QC) was maintained by the systematic insertion of certified standard reference

materials (CSRM), blanks and duplicates into the sample stream. ALS Geochemistry operates under a Global

Geochemistry Quality Manual that complies with ISO/IEC 17025:2017.

Qualified Person

Kieran Downes, Ph.D., P.Geo., 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 Las Coloradas

The Las Coloradas Project (8.5 km 2 -3.3 sq miles) represents a consolidation of a historic mining district which

covers numerous silver -gold-lead-zinc-copper mines previously exploited by ASARCO (American Smelting and

Refining Company), the U.S. based subsidiary of Grupo Mexico.

Las Coloradas is in the Parral mining district of the Central Mexican Silver Belt, and is located approximately 30

kilometers southeast of the city of Hidalgo de Parral and 40 kilometers east of the San Francisco de Oro and Santa

Barbara mining districts w here several old major mines are located, such as La Prieta, Veta Colorada, Palmilla,

Esmeralda, San Francisco del Oro and Santa Barbara. Click here to see locator map:

https://www.kingsmenresources.com/area-history.

About Kingsmen Resources

Kingsmen Resources is a discovery -driven explorer focused on unlocking the potential of two 100% -owned

precious-metal districts Las Coloradas and Almoloya located in the historic Parral region of Chihuahua, Mexico,

one of the most productive silver belts in the world. Both projects cover past-producing high-grade silver and gold

mines and lie directly on the structural corridors that host many of Mexico's most notable silver -gold deposits.

Recent drilling at Las Coloradas has confirmed new zones of shallow, high -grade mineralization and highlighted

the potential for multiple parallel structures across an 4.5-kilometre trend. At Almoloya, historic drilling, extensive

underground workings, and multiple vein systems point to strong potential for both vein -hosted and carbonate-

replacement style mineralization. Kingsmen also owns a 1% NSR royalty on the La Trini claims within GoGold

Resources' Los Ricos North project in Jalisco State, Mexico.

On behalf of the Board,

“Scott Emerson”

Scott Emerson, President & CEO

Phone: 604- 685-9316

Email: [email protected]

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