KINGMAN MINERALS PREPARES FOR DRILLING AT HIGH-GRADE MOHAVE PROJECT AMID RECORD GOLD PRICES Vancouver, British Columbia – 11.05.25 – Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF)
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
FOR IMMEDIATE RELEASE
KINGMAN MINERALS PREPARES FOR DRILLING
AT HIGH-GRADE MOHAVE PROJECT AMID RECORD GOLD PRICES
Vancouver, British Columbia – 11.05.25 – Kingman Minerals Ltd. (TSXV: KGS) (OTCQB: KGSSF)
(Frankfurt: 47A1) (“Kingman” or the “Company”) is pleased to update shareholders on the signif-
icant progress to date at its flagship Mohave Project in Mohave County, Arizona, which includes
the historic Rosebud Mine. Given the current strength in the gold market, Kingman believes the
Mohave Project is exceptionally well-positioned for near-term value creation.
Historic High-Grade District with Substantial Upside
The Mohave Project comprises 72 lode claims (1467 acres or 594 hectares), inclusive of the
historic Rosebud Mine. The underground workings include over 2,300 feet of drifts, raises, and
crosscuts. Historical (non-NI 43-101) data suggest a potential for up to 664,000 ounces of gold
and 2.6 million ounces of silver across multiple parallel vein structures.1
Kingman’s focus is to continue to replicate and validate these historic values, then expand and
upgrade them according to modern exploration standards.
Modern Work Programs & High-Grade Sampling Results
Kingman has executed multiple phases of work to date, including two underground reconnais-
sance programs and two drilling phases, both confirming high-grade gold and silver intercepts at
depth. Underground sampling from mineralized veins returned exceptional results, including
688 g/t Au and 468 g/t Ag over 0.18 m, and 252 g/t Au and 341 g/t Ag over 0.46 m.
• Phase 1 Underground Reconnaissance & Sampling
Confirmed access to historic workings and collected high -grade channel and chip sam-
ples. A standout result was **252 g/t Au + 341 g/t Ag over 0.46 m** on the 100 ft level of
the Rosebud Mine. 2
• Phase 2 Underground Reconnaissance & Sampling
Expanded sampling efforts on the 100 ft and 200 ft levels, clearing debris to access lower
levels, and sending assays to ALS Laboratories (method ME-GRA21). 3
Key highlights include:
Sample Level Width (m) Au (g/t) Ag (g/t)
RB200-11 100 ft, N Stope 0.18 m **688 g/t** **468 g/t**
RB200-10 100 ft, N Stope 0.15 m 109 g/t 164 g/t
RB200-13 100 ft, N Stope 0.28 m 70.5 g/t 93 g/t
RB200-4 100 ft 0.25 m 2.88 g/t 133 g/t
These values confirm the presence of bonanza- grade veins, supporting the historic high grades
and underscoring the vertical and lateral continuity potential.3
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
This combination of strong assay results across multiple locations lays the foundation to validate,
expand, and define the resource.
With gold prices at or near record levels and many analysts’ forecasting further upside, projects
with proven high-grade potential in stable jurisdictions are attracting increased investor attention.
The Mohave Project’s location in Arizona—with good infrastructure and a favorable mining cli-
mate—further strengthens its development profile.
By converting historic grades into NI 43-101–compliant resources in the near term, Kingman will
proceed with extensive exploration work. The high grades seen in both Phase 1 and Phase 2,
combined with the modelled continuity from 3D surveys, provide multiple pathways for upside—
whether by expanding the known veins, identifying parallel structures, or exploring extensions
downward.
“We are excited to advance work at Mohave and bring clarity to a district with truly exceptional
grade potential,” said Simon Studer, Interim CEO of Kingman Minerals Ltd. “Our underground
sampling already underscores bonanza-grade zones in multiple places, and the updated mapping
and digital modelling give us confidence in targeting these veins for drilling. With gold markets in
a strong uptrend, we anticipate drilling to convert this potential into value for our shareholders.”
TECHNICAL INFORMATION
The technical information in this website 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: Bradley C. Peek, MSc. CPG Qualified Person for Kingman Min-
erals Ltd.
ABOUT
Kingman Minerals Ltd. (TSX-V: KGS) 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, Mohave County, Arizona. High-grade
gold and silver veins were discovered in the area in the 1880's and were mined mainly in the
late 20's and 30's. 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 ex-
plore the full potential of the area, drilling and sampling along strike and depth extensions of
existing and additional vein structures is essential.
For further information please contact:
Simon D. Studer
Interim CEO, President & Director
Phone: 0041-44-585-2484
Corporate Office
Tel: +1 (604) 685-7720
Email: [email protected]
www.kingmanminerals.com
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
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. This news release may contain forward-
looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other
factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those ex-
pressed or implied by such forward-looking information. Forward-looking information in this news release includes statements
regarding, among other things, the completion transactions completed in the Agreement.Factors that could cause actual results
to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although
Kingman believes that the assumptions used in preparing the forward-looking information in this news release are reasonable,
including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on
such information, which only applies as of the date of this news release, and no assurance can be given that such events will
occur in the disclosed time frames or at all. Kingman disclaims any intention or obligation to update or revise any forward-
looking information, whether as a result of new information, future events or otherwise, other than as required by applicable
securities laws.
[1]: https://kingmanminerals.com/projects/mohave-project/?utm_source=chatgpt.com "Mohave Project"
[2]:https://finance.yahoo.com/news/2nd-sampling-program-results-mohave-065500480.html?utm_source=chatgpt.com
"2nd Sampling Program Results Mohave Project Mine Shaft ..."
[3]:https://kingmanminerals.com/projects/mohave-project/2nd-phase-underground-reconnaissance-sampling-pro-
gram/?utm_source=chatgpt.com "2nd Phase Underground Reconnaissance & Sampling