Kingman Minerals Announces Temporary Suspension of Drilling at Mohave

TSX: KGS.V

FSE: 47A1

OTCQB:

KGSSF

KINGMAN MINERALS ANNOUNCES TEMPORARY SUSPENSION

OF DRILLING AT MOHAVE

Vancouver, B.C. (November 26, 2021) Kingman Minerals Ltd. (“Kingman” or the “Company”) (TSX.V:

KGS, FSE: 47A1, OTCQB: KGSSF) is announcing a temporary suspension of the Phase II Drilling of the

Mohave Project near Kingman, Arizona, USA. To date the company has successfully drilled 1671ft in three

holes of the initially projected five holes. Twenty-four holes are fully permitted for the project. The company

is encouraged by the geological attributes of the drilling and believes that continuing the program is fully

warranted. Kingman is currently closing an upsized financing as announced on November 4, 2021, for

maximum gross proceeds of $2,100,000.

Peter Born, President and CEO states: “Careful inspection of some of the drill cores reveals occurrences

of mineralisation beyond the historic Rosebud Mine footprint, both along strike and at depth. Kingman drilled

the 1671 ft since late September. The Company decided to impose this temporary suspension to allow the

first holes to be drilled, cores logged, and assays processed, so that the results can guide the remainder of

the Phase II drilling. With only one priority in mind, our shareholders, Kingman will continue to drill once the

data has been analyzed and financing has been secured to finish the Phase II Drill program efficiently with

no further delays in our intent to intersect the best grade mineralisation.”

Picture 1&2) After drill rig breakdown, performing additional work to restore the width of the pad for hole

MH-08 just before drill suspension decision; Core showing from hole MH-07.

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 72 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:

Arthur Brown, Chairman and Director

(778) 319-2261

www.kingmanminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

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 regarding, amo ng 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 beli eves 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 infor-

mation, future events or otherwise, other than as required by applicable securities laws.