Kingsmen Granted Option to Acquire 100% of the GOLD/Silver Almoloya Project in the Parral Mining District, Chihuahua, Mexico
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TSX-V: KNG
OTCQB: KNGRF
FSE:TUY
KINGSMEN GRANTED OPTION TO ACQUIRE 100% OF THE GOLD/SILVER
ALMOLOYA PROJECT IN THE PARRAL MINING DISTRICT, CHIHUAHUA,
MEXICO
Vancouver, British Columbia, October 24, 2025 - Kingsmen Resources Ltd. (“Kingsmen” or the
“Company”) (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) is pleased to report that the previously
announced transaction to acquire an option (the “Option”) to acquire a 100% interest in the Almoloya
Gold/Silver project, located 30 km west of its 100%-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 US$ 325,000 (including US$75,000 in the first
year). The Option remains subject to the approval of the TSX Venture Exchange (“TSXV”). 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 preeminent 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 X 14 km, 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.
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Click here to see locator map: https://kingsmenresources.com/area-history.
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 Kingsmen Resources
Kingsmen Resources is a mineral exploration company focused on advancing its 100% held projects, the
Las Coloradas silver/gold project and 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% NSR 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, British Columbia.
On behalf of the Board,
“Scott Emerson”
Scott Emerson, President & CEO
Phone: 604- 685-9316
Email: [email protected]
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Forward-Looking Statements:
Certain disclosure contained in this news release may constitute forward-looking information or forward-
looking statements, within the meaning of Canadian securities laws. These statements may relate to this
news release and other matters identified in the Company's public filings. In making the forward -looking
statements the Company has applied certain factors and assumptions that are based on the Company's
current beliefs as well as assumptions made by and information currently available to the Company. These
statements address future events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements to be
materially different from any future results, performa nce or achievements expressed or implied by the
statements. These risks and uncertainties include but are not limited to: the Option, TSXV approval of the
Option, the political environment in which the Company operates continuing to support the developmen t
and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases;
risks related to negative publicity with respect to the Company or the mining industry in general; planned
work programs; permitting; and community relations. Readers are cautioned not to place undue reliance
on forward-looking statements. The Company does not intend, and expressly disclaims any intention or
obligation to, update or revise any forward -looking statements whether as a result of new in formation,
future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.