Kingman Receives Drill Permit FOR Phase III at Mohave Project
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
FOR IMMEDIATE RELEASE
KINGMAN RECEIVES DRILL PERMIT FOR PHASE III AT MOHAVE PROJECT
Vancouver, British Columbia – February 3, 2026 – Kingman Minerals Ltd. (TSXV: KGS)
(OTCQB: KGSSF) (Frankfurt: 47A1) (“Kingman” or the “Company”) is pleased to announce
that it has received approval from the U.S. Bureau of Land Management (“BLM”) to proceed with
exploratory drilling at its Mohave Project in Arizona.
The approved Phase III drill program comprises seven HQ diamond drill holes totaling approxi-
mately 814.7 metres (2,673 feet), including six holes from three pads on existing disturbance
stepping out to the southeast and one hole to the northwest.
Figure 1: Plan view showing the location of approved Phase III drill holes at the Mohave Project plotted over reduced-
to-the-pole magnetic data. Drill pads and hole traces are shown relative to the historic Rosebud Mine area. Yellow lines
represent historic drill holes; black lines indicate proposed Phase III drill hole locations. Areas marked “S” denote zones
interpreted from magnetic data to be under shallow cover.
Simon Studer, Interim CEO, President and Director : “BLM approval allows us to execute a fo-
cused drill test beyond the historic Rosebud mine workings. The objective is to assess the conti-
nuity of the Southwick vein system and generate decision-grade information to guide subsequent
exploration.”
Qualified Person
The technical information contained in this news release has been reviewed and approved by
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
Brad Peek, MSc, CPG, who is a Qualified Person as defined by National Instrument 43- 101
(Standards of Disclosure for Mineral Projects).
ABOUT
Kingman Minerals Ltd. (TSX-V: KGS) is a publicly traded exploration and development company
focused on precious metals in North America. The Company’s flagship project is the fully owned
historic Rosebud Mine, located in the Music Mountains, Mohave County, Arizona. High- grade
gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late
1920s and 1930s. Underground development on the Rosebud property included a 400-foot main
shaft and approximately 2,500 feet of drifts, raises and crosscuts.
For further information please contact:
Simon D. Studer
Interim CEO, President & Director
Phone: 0041-44-585-2484
Corporate Office
Tel: (604) 685-7720
Email: [email protected]
Web: 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.
Cautionary Statement Regarding Forward -Looking Information Cautionary Statement Regarding Forward -
Looking Information This news release contains “forward-looking information” within the meaning of applicable secu-
rities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news release. Any statement that involves discussion
with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or perfor-
mance (often, but not always using phrases such as “plans”, “ex pects”, “is expected”, “budget”, “scheduled”, “esti-
mates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and
phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-
looking statements relate, among other things, to statements with respect to: the terms of the P rivate Placement; the
anticipated use of proceeds; the anticipated insider participation in the Private Placement; the completion of the Private
Placement; and the approval of the TSX Venture Exchange.
All statements, other than statements of historical fact, included herein, constitutes forward-looking information. Alt-
hough Kingman believes that the expectations reflected in such forward -looking information and/or information are
reasonable, undue reliance should not be placed on forward-looking information since Kingman can give no assurance
that such expectations will prove to be correct. Forward-looking information involves known and unknown risks, uncer-
tainties and other factors that may cause actual results or events to differ materially from those anticipated in such
forward-looking information, including the risks, uncertainties and other factors identified in Kingman’s periodic filings
with Canadian securities regulators. Forward-looking informati on are subject to business and economic risks and un-
certainties and other factors that could cause actual results of operations to differ materially from those contained in
the forward-looking information. Important factors that could cause actual results to differ materially from Kingman’s
expectations include risks related to the completion of the Private Placement, including TSXV approval; risks associated
with the business of Kingman; risks related to reliance on technical information provided by Kingman; risks related to
exploration and potential development of the Company’s mineral properties; business and economic conditions in the
TSX-V: KGS
OTCQB: KGSSF
Frankfurt: 47A1
mining industry generally; fluctuations in commodity prices and currency exchange rates; uncertainties relating to in-
terpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of gov-
ernment agencies an d First Nation groups in the exploration and development of properties and the issuance of re-
quired permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and
terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting
anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and
other risk factors as detailed from time to time and additional risks identified in Kingman’s filings with Canadian securi-
ties regulators on SEDAR+ in Canada (available at www.sedarplus.com ).