Intersecting 2 Mineralized Veins
TSX Venture Exchange: KGS.V
Frankfurt: 47A1
FOR IMMEDIATE RELEASE
KINGMAN COMPLETES HOLE MH-01 @ 225 FT IN ROSEBUD MINE AREA
INTERSECTING 2 MINERALIZED VEINS
Vancouver, B.C. (February 26, 2021) Kingman Minerals Ltd. (TSX-V:KGS) (FSE:47A1) (“Kingman” or
the “Company”) is pleased to announce that the Company completed MH-01 at a depth of 225 ft (68.6m).
Core hole MH-01 was intended 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 the mine workings. The two veins in the mine are separated by a
rhyolite dike (a Tertiary intrusive rock) that varies between 20 and 50 feet in width and which may have
influenced the gold and silver mineralization. The surrounding "country rock" is the Precam brian-age
Quartz Diorite Gneiss, a very old metamorphic rock. Other intrusive rocks encountered in the drill hole
include a Porphyritic Diorite and a Diabase, also probably of Tertiary age. The intersection of the vein in
two places was the objective of the drill hole and it will hopefully confirm the grades of gold and silver stated
in historic reports on the property.
Figure 1 –Core and core boxes from MH -01. Core from MH -01 is being prepared by Dahrouge Geological
Consulting for analysis by ALS Tucson.
Figure 2 – Strip Log of MH-01 showing the intersection of two mineralized veins, shown in red.
Upon visual inspection it appeared that both mineralized veins on either side of the rhyolite dike were
intersected. "The presence of the veins at their projected locations is very encouraging and we look forward
to seeing the assay results” commented Brad Peek, M.Sc. CPG
Samples will be sent to ALS Global Laboratories in Tucson Arizona on a rush basis and assays for gold
and silver analysis are pending.
The technical information contained in this news release has been reviewed and approved by Brad Peek.,
M.Sc., CPG, 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.
The Mohave Project (the “Project”) is located in the Music Mountains in Mohave County, Arizona and is comprised of
71 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 property included a 400 -foot shaft and approximately 2,500 feet of drifts, raises and
crosscuts.
For further information please contact:
Sandy MacDougall, Chairman & Director
(604) 685-7720
www.kingmanminerals.com
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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 imp lied by
such forward -looking information. Forward -looking information in this news release includ es 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 pro cesses. 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 fo rward-looking information, whether as a result of new
information, future events or otherwise, other than as required by applicable securities laws.