Kingman Completes Hole MH-04 at Depth of 726 FT (221 M): Encounters over 100 FT (30 M) of Alteration
TSX Venture Exchange: KGS.V
Frankfurt: 47A1
FOR IMMEDIATE RELEASE
KINGMAN COMPLETES HOLE MH-04 AT DEPTH OF 726 FT (221 M):
ENCOUNTERS OVER 100 FT (30 M) OF ALTERATION
Vancouver, B.C. (March 24, 2021) Kingman Minerals Ltd. (TSX -V:KGS) (FSE:47A1) (“Kingman” or
the “Company”) is pleased to announce that core hole MH-04 was drilled at an angle of -70 degrees to
intersect the two veins at depth, below the historic mine workings. The hole reached a total depth of 726
feet (221.3 meters). It successfully reached the upper portion of the target zone at a depth between 365
and 383 feet (110.6 and 116.7 m) and passed through a strongly altered and partly oxidized zone, typically
coincident with gold mineralization. As in the 3 previous holes, interesting mineralization and alteration were
found on either side of a rhyolite dike in sheared and brecciated zones. One brecciated zone at 376.5 -
382.2 ft (114.8-116.5 m) contained abundant sulfides, believed to be primarily arsenopyrite.
Figure 1 –Strong hydrothermal alteration in borehole MH-04 at the contact between rhyolite (tan-
pink) and diabase (dark gray)
Figure 2 – Oxidation and alteration in a rhyolite dike from borehole MH-04.
Figure 3 – Strip log of MH-04
Once again, t he rock types, structure and alteration patterns seen in MH -04 correspond well with those
detailed in previous drilling reports and underground maps. MH-04 continues to confirm historic descriptions
of the two vein structures separated by a rhyolite dike.
"This interval of alteration is extremely exciting for Kingman. We are seeing features that are consistent
with larger systems and encourages further, more extensive, exploration and development work. Nothing
encountered so far has appeared to the contrary. We think it is a safe assumption that Kingman will be
working in this area for years to come ” commented Sandy MacDougall, Chairman and Director.
Samples will be sent to Skyline Assayers & Laboratories of Tucson, Arizona on a rush basis for gold and
silver analyses.
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
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 imp lied by
such forward -looking information. Forward -looking information in this news release includes statements r egarding, 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. Althoug h 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 i nformation, whether as a result of new
information, future events or otherwise, other than as required by applicable securities laws.