1st Sampling Results from Mohave Project MINE Shaft & 100ft Level Drift: Kingman Samples 252 G/T Au & 341 G/T AG ON 100ft Level of Rosebud MINE over Interval of 0.46m
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FOR IMMEDIATE RELEASE
1st SAMPLING RESULTS FROM
MOHAVE PROJECT MINE SHAFT & 100ft LEVEL DRIFT:
KINGMAN SAMPLES 252 g/t Au & 341 g/t Ag ON 100ft LEVEL OF
ROSEBUD MINE OVER INTERVAL OF 0.46m
Vancouver, B.C. (May 14, 2020) Kingman Minerals Ltd. (TSX -V:KGS)(FSE:47A1) (“Kingman” or the
“Company”) is pleased to report on the first underground sampling results from the Rosebud Mine
shaft and 100ft drift.
The Mohave Project (the “Project”) is located in the Music Mounta ins in Mohave County, Arizona and is
comprised of 20 lode claims which are inclusive of the past producing Rosebud Mine (the “Rosebud”). 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 prope rty included a 400 -foot shaft and
approximately 2,500 feet of drifts, raises and crosscuts.
In early spring 2020, Burgex Mining Consultants (“Burgex”) were contracted to determine the accessibility,
if any, of the main production shaft at the Rosebud Mine . Burgex used ropes and ladders to assess the
safety and stability of the shaft and were able to lower themselves down to the 100 -foot level of the
abandoned mine. The conditions were not optimal for spending long periods of time in the mine, but they
were able to collect 17 rock samples from the 100 -foot level. Below the 100 ft level the shaft was blocked
by debris and garbage , so no attempt was made to access the lower portions of the mine during this
reconnaissance program . Video and photo tours available on company website at
https://kingmanminerals.com/projects/mohave-project/first-underground-program/
The samples that Burgex collected were sent to ALS Laboratories in Reno, Nevada and were analyzed
using the ALS method ME -GRA21 for gold and silver. This method is a fire assay method for optimal
precious metal recovery.
Kingman Minerals Sampling Results (Burgex, 2020)
Sample No. Sample Type Interval (m) Au (g/t) Ag (g/t)
RB100-1 Grab - 0.13 12
RB100-2 Grab - 0.47 18
RB100-3 Chip 0.38 4.85 116
RB100-4 Chip 0.46 252 341
RB100-5 Chip 0.46 0.07 11
RB100-6 Chip 0.2 5.57 230
RB100-7 Chip 0.2 1.52 18
RB100-8 Chip 0.15 0.17 6
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RB100-9 Chip 0.3 0.50 <5
RB100-10 Chip 0.2 0.32 30
RB100-11 Grab - 0.10 6
RB100-12 Chip 0.3 0.23 17
RB100-13 Chip 0.61 0.43 18
RB100-14 Chip 0.46 0.53 26
RB100-15 Chip 0.31 0.27 10
RB100-16 Chip 0.31 0.26 13
RB100-17 Chip 0.31 5.43 43
Average 16.05 57.2
Table 1 – Results from 1 st Underground Sampling Program on Rosebud Mine Shaft and 100ft Drift.
Sampling completed by Burgex Mining Consultants on behalf of Kingman Minerals Ltd.
Contrary to CIM Exploration Best Practice Guidelines, no QA/QC procedures were used for this initial round
of underground sampling . Grab samples are selected samples and are not representative of the
mineralization hosted on the property.
As per Kingman’s releases dated May 5 and May 12, 2020, previous companies have sampled the 100 -
foot level of the mine and have reported gold and silver values from those exploration efforts. The two most
recent historical underground sampling episodes on the 100 -level were in 1984 for Stellar Resources in a
report by L. A. Bayrock (Bayrock Surficial Geology Ltd.) and in 2005 for Kent Exploration Inc. in a report by
Edward Harrington (Reliance Geological Services Inc.). Both reports are historical in nature and the reports
by Bayrock were not completed to NI 43-101 standards, but the sampling appears to have been performed
to industry standards at their respective times.
It is interesting to note that the recent sampling by Burgex compares favorably with the earlier exploration
efforts as shown in Table 1, below:
Kingman Minerals
Sampling (Burgex, 2020)
Kent Exploration
Sampling (Harrington, 2005)
Stellar Resources
Sampling (Bayrock, 1984)
Sample
No. Au (g/t) Ag
(g/t)
Sample
No.
Au
(g/t)
Ag
(g/t)
Sample
No.
Au
(g/t)
Ag
(g/t)
RB100-1 0.13 12 B373601 0.016 5.7 AC+50 1.71 1.37
RB100-2 0.47 18 B373602 8.500 88.7 E+0 3.91 66.51
RB100-3 4.85 116 B373603 0.032 2.1 E+10 7.85 68.91
RB100-4 252 341 B373604 0.026 0.8 E+19 3.94 32.23
RB100-5 0.07 11 B373605 3.850 113.0 E+30W 4.66 33.94
RB100-6 5.57 230 B373606 170.5 217.0 E+30E 0.62 7.89
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RB100-7 1.52 18 B373607 10.70 352.0 E+40W 2.61 106.97
RB100-8 0.17 6 B373608 2.570 80.7 E+40E 2.40 19.20
RB100-9 0.50 <5 B373609 0.579 13.6 E+50W 3.46 36.00
RB100-10 0.32 30 B373610 1.885 87.3 E+50E 3.57 4.11
RB100-11 0.10 6 B373611 9.000 133.0 E+70 2.23 52.46
RB100-12 0.23 17 B373612 4.830 168.0 E+80 1.78 45.60
RB100-13 0.43 18 B373613 0.283 16.3 E+90 0.14 3.77
RB100-14 0.53 26 B373614 2.580 16.1 F+0 0.58 21.94
RB100-15 0.27 10 B373616 0.842 95.0 F+20 14.54 78.86
RB100-16 0.26 13 B373651 1.810 24.7 F+60 1.23 7.54
RB100-17 5.43 43 B373652 0.115 44.6 GH+10 0.21 0.00
Average 16.05 57.2 B373653 2.26 18.3 M+20 11.21 28.11
B373618 0.42 10.25 M+40 32.30 31.54
B373619 0.48 18.9 M+50 1.06 23.66
B373620 2.01 114.0 M+60 8.74 29.14
Average 10.63 77.15 ZQ+3 42.21 51.077
ZR+6 121.99 451.88
LM+12 3.43 15.09
LM+20 1.78 8.23
LM+50 2.61 28.11
LM+62 1.41 25.03
1K+10 6.03 23.66
1K+20A 1.23 70.97
1K+20B 4.66 20.91
1K+50A 6.99 33.60
1K+50B 0.21 4.11
1K+50C 12.99 68.23
Average 9.52 45.47
Table 2 – Rosebud Mine 100ft-Level Assay Comparison of sampling results from Kingman Minerals (2020),
Kent Exploration (2005) and Stellar Resources (1984). (All values in grams per tonne).
Note: The Kent Exploration samples were only collected in the drift south east of the main shaft, while the
Kingman and Stellar Resources samples were collected in both the northwest and southeast directions
from the main shaft. Au and Ag values for Stellar Resources were converted from Oz/Ton by multiplying
troy ounces/short ton by 34.28 to arrive at g/tonne.
“Kingman could not be more pleased with the outcome of this first phase of underground exploration. The
main production shaft and 100ft drift are in good condition and this enabled us to conduct this initial
verification work. With the extensive amount of historical data available, we intend to confirm the validity of
the data and use this to determine a current resource estimate if applicable. With the strength of the gold
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market, the Company intends to enhance shareholder value by capitalizing on this strong commodity cycle
in order to explore and expand upon the potential of the Mohave Project ” stated Sandy MacDougall,
Chairman.
The technical information contained in this news release has been reviewed and approved by Bradley C.
Peek, MSc. and Certifie d Professional Geologist who is a Qualified Person with respect to Kingman’s
Mohave Project as defined under National Instrument 43-101.
About Kingman
Kingman Minerals Ltd. is currently engaged in the business of precious metal mineral exploration for the
purpose of acquiring and advancing non grass roots mineral properties located in mining friendly
jurisdictions of North America.
For further information please contact:
Sandy MacDougall, Chairman & Director
(604) 685-7720
www.kingmanminerals.com
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 expressed or implied by such forward -looking information. Forward-
looking information in this news release i ncludes 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.