Kingman Drills Mohave Project and Past Producer Rosebud MINE: Hole MH-01 Favourable Rhyolites
TSX Venture Exchange: KGS.V
Frankfurt: 47A1
FOR IMMEDIATE RELEASE
KINGMAN DRILLS MOHAVE PROJECT AND
PAST PRODUCER ROSEBUD MINE: HOLE MH-01 FAVOURABLE RHYOLITES
Vancouver, B.C. (March 10, 2021) Kingman Minerals Ltd. (TSX -V:KGS) (FSE:47A1) (“Kingman” or
the “Company”) is pleased to announce that Kingman continues to drill the Mohave Project in the Rosebud
Mine area. MH-03 is being drilled at an angle of -60 degrees and is expected to intersect mineralized veins
on either side of a rhyolite dike . The veins are to be intersected below the lowest (250 -foot) level of the
historic Rosebud Mine. The drilling is expected to verify the thickness and grade of the veins recorded in
previous exploration activity reports.
Figure 1 – This is an example of core from first of five proposed drill holes. It is a close-up photo of
brecciated vein material filled with iron oxide, probably hematite. The rock type here is an altered rhyolite
and it came from 44 meters deep on core hole MH-01.
Figure 2 – Another photo of the same vein material as in Figure 1.
“Drilling is progressing very well for Phase I. To date we have intersected every target on each hole, and
we anticipate MH-03 will as well. Our qualified person, Brad Peek C.PG and team have done exceptional
work in preparing, planning, and carrying out the drill plan. With what we are seeing from the core, Kingman
is confidently able to see the absolute potential for this project area more and more , “stated Sandy
MacDougall, Chairman and Director.
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 c urrently 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 regard ing, 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 Kin gman 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 inform ation, whether as a result of new
information, future events or otherwise, other than as required by applicable securities laws.