KNG.V · 2026-01-08 12:00:00

Exploration drives the company. Kingsmen Hits 270 g/t AgEq Over 1.3 m in 1.5 km Step-Out on Parallel Structure at Las Coloradas

Drill Results

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TSX-V: KNG

OTCQB: KNGRF

FSE: TUY

Exploration drives the company.

Kingsmen Hits 270 g/t AgEq Over 1.3 m in 1.5 km Step-Out on Parallel Structure at Las

Coloradas

Vancouver, British Columbia--(January 08, 2026) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB:

KNGRF) ( FSE: TUY) ("Kingsmen" or the "Company") is pleased to report assays from from three diamond drill

holes at its Las Coloradas silver-gold project, Chihuahua, Mexico.

President & CEO Scott Emerson commented: "These results demonstrate two critical factors for any discovery:

grade and scale.

“On grade, hole LC-25-012 returned 270 g/t silver equivalent over 1.3 m in the first hole ever drilled on the

Soledad II vein/structure (see table 1) This follows our Soledad discovery intercept of 1,028 g/t silver equivalent

over 1.45 m.(see NR September 24,2025 ). We are consistently intersecting high-grade mineralization across

multiple structures.

“On scale, we have now confirmed significant mineralization in three separate structures—Soledad, Soledad II, and

the newly identified No. 8—spanning a distance of 1.5 km northwest( see NR December 3,2025).The Soledad II

structure alone extends over one km at surface, where rock chip sampling has returned values up to 352 g/t silver

and 2.42 g/t gold. We have drilled one hole on a km of prospective structure.

The combination of high-grade intercepts and multiple parallel and sub-parrel mineralized vein/structures is what

Key Results:

Drillhole LC-25-012 is the first hole testing the +1 km long Soledad II vein/structure. The hole was drilled

approximately 1.5 km northwest of the Soledad discovery (which returned 1.45 m @ 1,028 g/t AgEq;

reported September 24, 2025. Highlights include:

• 4.8 m @ 90 g/t AgEq (52.6 g/t Ag) from 56.7 m, including:

• 1.3 m @ 270 g/t AgEq (143 g/t Ag & 0.72 g/t Au) from 56.7 m, including:

• 0.8 m @ 360 g/t AgEq (220 g/t Ag & 0.223 g/t Au) from 57.2 m

Drillhole LC-25-009 is a 70 m step-out from discovery hole LC-25-008 (which returned 1.6 m @ 931 g/t

AgEq and 1.28 g/t Au). Results confirm:

• Extension of LC-25-008 mineralization intersected, demonstrating continuity 70 m along strike

• Structure remains open and undrilled for 200 m to the south

distinguishes a district-scale system from an isolated vein. Las Coloradas is demonstrating both."

WHY THIS MATTERS: GRADE + SCALE

These results confirm two key attributes of an emerging district: high-grade mineralization and the scale to host

multiple targets. The vein/structure systems targeted by Kingsmen occur in a NW-trending area approximately 2.5

km long and approximately 1 km wide. Kingsmen has now intersected significant mineralization in three separate

structures. This is not a single vein—it is a mineralized system.

High-Grade Confirmed Across Three Structures

• Soledad — Discovery hole returned 1,028 g/t AgEq over 1.45 m

• Soledad II — First drill hole returns 270 g/t AgEq over 1.3 m (this release)

• No. 8 Structure — New discovery 1.6 m @ 931 g/t AgEq and1.28 g/tAu

Soledad II: A 1.5 km Step-Out with Km-Scale Potential

Hole LC-25-012 is the first hole drilled on the Soledad II structure, located 1.5 km northwest of the original

Soledad discovery. Surface sampling along the +1 km strike length has returned:

• 352 g/t Ag & 0.71 g/t Au

• 200 g/t Ag & 2.42 g/t Au

One hole has been drilled on a kilometre of prospective structure. Multiple targets remain untested.

Strike Continuity Confirmed at Rosario

Hole LC-25-009 extended mineralization 70 m along strike from discovery hole LC-25-008. The structure remains

open and undrilled for 200 m to the south. Pathfinder geochemistry—including antimony, arsenic, bismuth, lead,

and zinc—confirms the mineralizing system continues.

DETAILED DRILL DISCUSSION

Leona Target

Hole LC-25-012 is the first hole drilled on the +1 km-long Soledad II vein/structure. The hole was designed to test

silver-gold mineralization beneath surface samples collected near the middle of the structure (Figures 1 and 2),

which returned:

• 352 g/t Ag & 0.71 g/t Au

• 200 g/t Ag & 2.42 g/t Au

The hole intersected the mineralized structure at 56.7 m downhole, returning a 4.8 m wide zone dipping to the west

(Figure 3, Table 1). This intersection confirms the potential of the Soledad II structure to host significant silver-

gold mineralization, as first indicated by surface sampling. Anomalous silver and gold values extend along the full

strike length of the structure, defining multiple targets for future drilling.

Table 1: LC-25-012 Assay Results

Hole ID From (m) To (m) Width (m) AgEq (g/t) Au (g/t) Ag (g/t) Pb (%) Zn (%)

LC-25-012 56.70 61.50 4.80 90 0.00 52 0.91 1.22

incl 56.70 58.00 1.30 270 0.72 143 2.45 3.42

incl 57.20 58.00 0.80 360 0.22 220 3.10 4.32

138.30 138.55 0.25 209 0.14 157 0.61 1.91

The silver equivalent calculation formula is AgEq(g/t) = ((Ag grade (g/t) x (Ag price per ounce/31.10348) x Ag recovery) + (P b grade (%)

x (Pb price per tonne/100) x Pb recovery) + (Zn grade (%) x (Zn price per tonne/100) x Zn recovery) + (Au grade (g/t) x (Au price per

ounce/31.10348) x Au recovery)) / (Ag price per ounce/31.10348 x Ag recovery). The prices used were US$3675/oz gold, US$2960/ t zinc,

US$2003/t lead and US$42/oz silver. Recoveries are estimated at 40% for gold, 91% for lead, 85% for zinc and 92% for silver based on

published figures by Kootenay Silver Inc. for sulphide mineralization in the Cigarra deposit, Chihuahua, Mexico, a deposit wi th similar

style mineralization (https://kootenaysilver.com/news/kootenay/2024/kootenay-silver-announces-updated-mineral-resource-estimate-for-

la-cigarra-project-chihuahua-mexico).

Rosario Target

Holes LC-25-009 and LC-25-011 were collared 90 m northwest of LC-25-008 to test mineralization in the vicinity

of the historic Rosario shaft (Figure 4).

Hole LC-25-009 targeted the mineralised structure intersected in LC-25-008, which returned 200 g/t AgEq & 0.28

g/t Au over 10.5 m, including 931 g/t AgEq & 1.28 g/t Au over 1.60 m. The hole intersected the structure at 118.0

m downhole, including a 0.65 m zone of anomalous gold and silver (118.15–118.8 m) with elevated pathfinder

elements (antimony, arsenic, bismuth, lead, zinc; Table 2). This intersection is interpreted as an extension of the

LC-25-008 mineralization, located approximately 70 m along strike to the southeast. The structure remains open

and undrilled for 200 m south of LC-25-008.

Hole LC-25-011 intersected a broad alteration/structural zone from 90.73–157.8 m. Three zones of anomalous

geochemistry were identified, characterised by low silver values, sporadic gold (up to 0.76 g/t over 0.6 m), and

strong pathfinder signatures including antimony, arsenic, bismuth, and zinc (Table 2). The Rosario mine structure

is interpreted between 131.75–137.65 m. The presence of pathfinder geochemistry, narrow silver-gold

intersections, and associated alteration confirms the potential for mineralization in this area.

QAQC

The drill core (HQ size) is currently being geologically logged and sampled. The full drill core is sawn with a diamond blade

rock saw. One half of the sawn drill core is bagged and tagged for analysis. The remaining half portion is returned to the drill

core tray and stored. Bagged samples are securely stored prior to submission for analysis. Samples are being submitted to

ALS Geochemistry-Chihuahua for multielement analysis following four-acid digestion (code ME-MS61), and gold by fire

assay-AA (code Au-AA23). Quality assurance and quality control (QA/QC) is maintained by the systematic insertion of

certified standard reference materials (CSRM), blanks and duplicates into the sample stream. Assay results will be announced

following receipt, compilation and confirmation. ALS Geochemistry operates under a Global Geochemistry Quality Manual

that complies with ISO/IEC 17025:2017.

About Las Coloradas

The Las Coloradas Project (8.5 km²) consolidates a historic mining district covering numerous silver-gold-lead-zinc-copper

mines previously operated by ASARCO. Located in the Parral mining district of the Central Mexican Silver Belt,

approximately 30 km southeast of Hidalgo de Parral.

Recent drilling has confirmed new zones of shallow, high-grade mineralization and highlighted potential for multiple parallel

structures across a 4.5 km trend.

Qualified Person

Kieran Downes, Ph.D., P.Geo., a director of Kingsmen and Qualified Person as defined by National Instrument 43-101, has

reviewed and approved the scientific and technical disclosure set out in this news release.

About Kingsmen Resources

Kingsmen Resources (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) is a discovery-driven explorer focused on unlocking

the potential of two 100%-owned precious-metal districts Las Coloradas and Almoloya located in the historic Parral region of

Chihuahua, Mexico, one of the most productive silver belts in the world. Both projects cover past-producing high-grade silver

and gold mines and lie directly on the structural corridors that host many of Mexico's most notable silver-gold deposits.

Recent drilling at Las Coloradas has confirmed new zones of shallow, high-grade mineralization and highlighted the potential

for multiple parallel structures across a 4.5 km trend. At Almoloya, historic drilling, extensive underground workings, and

multiple vein systems point to strong potential for both vein-hosted and carbonate-replacement style mineralization.

Kingsmen also owns a 1% NSR royalty on the La Trini claims within GoGold Resources' Los Ricos North project in Jalisco

State, Mexico.

On behalf of the Board,

“Scott Emerson”

Scott Emerson, President & CEO

Phone: 604- 685-9316

Email: [email protected]

Forward-Looking Statements:

Certain disclosure contained in this news release may constitute forward -looking information or forward -looking statements, within the

meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public

filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's

current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events

and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual resu lts,

performance or achievements to be materially different from any future results, performa nce or achievements expressed or implied by the

statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates

continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious

diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work pro grams;

permitting; and community relations. Readers are cautioned not t o place undue reliance on forward -looking statements. The Company

does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result

of new information, future events or otherwise, except as required by law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TS XV) accepts responsibility for

the adequacy or accuracy of this release.

Figure 1 Leona silver samples & LC-25-012

Figure 2 Leona gold samples & LC-25-012

Figure 3 Leona Hole LC-25-012 section

Figure 4 Rosario: LC-25-009 & LC-25-011

Table 2:

True width cannot be determined at this time and reported widths are drilled intervals.

HOLE ID FROM TO WIDTH Au ppm Ag ppm As ppm Bi ppm Cu ppm Pb ppm Sb ppm Zn ppm

LC-25-009 114.15 114.60 0.45 0.005 1.18 214 2.74 33.8 69.6 3.42 115

LC-25-009 114.60 115.20 0.60 0.016 2.20 1340 2.90 21.6 248 3.91 2150

LC-25-009 115.20 115.70 0.50 0.041 2.91 4570 5.11 28.0 156 6.05 4220

LC-25-009 115.70 116.15 0.45 0.069 1.24 9620 3.12 19.5 42.2 9.84 3900

LC-25-009 116.15 116.65 0.50 0.014 0.63 1125 3.75 29.1 31.3 4.69 1200

LC-25-009 116.65 117.30 0.65 0.078 1.20 5900 5.02 33.0 45.4 14.50 3460

LC-25-009 117.30 117.60 0.30 0.024 2.55 808 6.03 57.0 111 10.15 8440

LC-25-009 117.60 118.15 0.55 0.192 3.40 10000 5.33 25.7 234 31.70 4980

LC-25-009 118.15 118.40 0.25 0.354 104.00 10000 237.00 47.0 5650 173.00 58700

LC-25-009 118.40 118.65 0.25 0.244 68.00 10000 99.70 374.0 4890 113.50 2380

LC-25-009 118.65 118.80 0.15 0.572 24.10 10000 77.20 27.1 1470 318.00 287

LC-25-009 118.80 119.25 0.45 0.012 2.06 455 2.70 10.5 158 12.80 328

LC-25-009 119.25 120.10 0.85 0.007 0.95 480 1.18 11.9 86.6 14.30 275

HOLE ID FROM TO WIDTH Au ppm Ag ppm As ppm Bi ppm Cu ppm Pb ppm Sb ppm Zn ppm

LC-25-011 62.00 62.55 0.55 0.000 1.44 38.2 14.45 45.3 156 22.10 3150

LC-25-011 62.55 63.60 1.05 0.000 0.30 87.8 2.30 16.2 32 13.35 136

LC-25-011 63.60 64.00 0.40 0.000 0.27 99.3 2.07 13.9 21.1 6.84 152

LC-25-011 76.25 77.20 0.95 0.209 1.19 3330 1.74 16.2 15.1 57.60 71

LC-25-011 77.20 77.50 0.30 0.102 1.52 2910 1.88 12.8 17.2 112.50 126

LC-25-011 77.50 78.00 0.50 0.189 1.50 3200 2.58 30.1 29.6 146.50 1955

LC-25-011 78.00 79.00 1.00 0.087 3.91 1425 4.30 43.5 51.8 114.50 627

LC-25-011 79.00 80.00 1.00 0.000 2.52 200 5.99 35.8 58.3 103.50 2230

LC-25-011 80.00 81.00 1.00 0.059 5.33 1910 40.30 39.1 122 136.00 4630

LC-25-011 81.00 81.80 0.80 0.088 2.86 3820 6.45 31.3 35.1 207.00 931

LC-25-011 81.80 82.80 1.00 0.047 2.24 2510 2.97 31.7 29.3 119.00 2290

LC-25-011 82.80 83.70 0.90 0.059 2.39 4370 1.81 14.6 10.2 112.00 98

LC-25-011 83.70 83.95 0.25 0.338 10.80 10000 81.90 22.7 120.5 167.50 184

LC-25-011 83.95 84.75 0.80 0.051 1.60 1970 3.38 16.6 25.3 74.10 397

LC-25-011 86.00 86.25 0.25 0.000 1.02 59 15.25 36.9 50.8 10.70 3480

LC-25-011 118.00 119.00 1.00 0.000 0.67 72.9 2.82 36.7 30.1 1.35 159

LC-25-011 119.00 120.00 1.00 0.000 0.81 84.7 3.20 36.4 34.6 3.28 204

LC-25-011 120.00 120.60 0.60 0.008 2.60 659 7.68 122.0 79.4 8.31 19850

LC-25-011 120.60 121.55 0.95 0.000 0.53 113 2.07 35.5 24.7 2.57 176

LC-25-011 121.55 122.00 0.45 0.000 0.59 56.2 1.91 29.4 26.3 2.61 552

LC-25-011 122.00 123.00 1.00 0.007 1.01 663 3.16 55.5 52.3 2.89 3260

LC-25-011 123.00 123.50 0.50 0.033 5.34 7210 24.00 76.0 192 7.23 7730

LC-25-011 123.50 124.10 0.60 0.018 5.05 4070 44.20 75.6 157.5 5.96 9080

LC-25-011 124.10 124.80 0.70 0.029 4.58 9370 23.00 81.8 140.5 7.56 13050

LC-25-011 124.80 125.40 0.60 0.012 1.96 2540 14.30 60.9 67.7 3.32 5490

LC-25-011 125.40 126.00 0.60 0.758 19.90 10000 310.00 77.3 512 38.00 23600

LC-25-011 126.00 127.00 1.00 0.013 1.26 2260 4.09 55.9 51 2.93 3270

LC-25-011 127.00 128.00 1.00 0.008 0.97 1225 3.24 37.0 44.8 1.81 1425

LC-25-011 128.00 129.00 1.00 0.006 1.63 1465 3.28 33.3 77.9 2.24 1250

LC-25-011 129.00 130.00 1.00 0.000 0.93 291 2.16 21.5 66.1 2.33 979

LC-25-011 130.00 131.00 1.00 0.000 0.80 240 1.77 32.9 42.6 2.59 2210

LC-25-011 131.00 132.00 1.00 0.006 3.03 794 5.51 68.7 137 8.36 9140

LC-25-011 132.00 132.50 0.50 0.069 5.66 10000 4.83 7.3 861 17.00 9020

LC-25-011 132.50 133.00 0.50 0.016 1.38 1655 1.23 6.5 173.5 15.60 807

LC-25-011 133.00 133.55 0.55 0.139 2.23 10000 2.76 2.8 50.8 63.60 58

LC-25-011 133.55 133.90 0.35 0.519 56.80 10000 145.00 18.3 3880 698.00 8190

LC-25-011 133.90 134.50 0.60 0.017 3.86 1240 5.65 24.7 231 36.00 3380

LC-25-011 134.50 135.00 0.50 0.035 4.49 7060 6.28 20.9 217 58.90 301

LC-25-011 135.00 136.00 1.00 0.000 0.59 267 0.98 19.4 36.7 28.00 159

HOLE ID FROM TO WIDTH Au ppm Ag ppm As ppm Bi ppm Cu ppm Pb ppm Sb ppm Zn ppm

LC-25-012 29.35 29.85 0.50 0.006 3.95 136 1.14 32.9 1060 49.90 1360

LC-25-012 29.85 30.05 0.20 0.396 44.80 10000 12.10 72.1 8130 252.00 19050

LC-25-012 30.05 31.00 0.95 0.005 2.44 239 0.19 39.9 486 60.30 1175

LC-25-012 31.00 32.00 1.00 0.000 0.19 59.2 0.11 10.5 15.1 9.48 186

LC-25-012 35.00 35.60 0.60 0.005 0.23 112 0.07 4.4 36.7 5.81 123

LC-25-012 50.00 50.40 0.40 0.050 12.20 10000 0.38 3.5 2210 82.90 882

LC-25-012 50.40 50.80 0.40 0.079 1.88 10000 0.34 1.6 295 71.70 139

LC-25-012 56.50 56.70 0.20 0.008 2.23 182.5 0.53 15.1 324 30.40 409

LC-25-012 56.70 57.20 0.50 1.510 18.95 10000 2.26 21.7 2430 457.00 2730

LC-25-012 57.20 58.00 0.80 0.223 220.00 10000 33.50 104.0 38400 313.00 54000

LC-25-012 58.00 59.00 1.00 0.034 16.10 3670 8.97 7.7 2340 19.20 2630

LC-25-012 59.00 60.00 1.00 0.013 10.75 709 1.37 8.2 2110 15.50 692

LC-25-012 60.00 61.00 1.00 0.047 24.70 5530 3.62 17.2 4830 41.10 3860

LC-25-012 61.00 61.50 0.50 0.027 27.70 3350 7.35 25.1 5120 36.40 14150

LC-25-012 69.50 70.05 0.55 0.011 0.89 73.3 0.16 32.3 81.9 51.20 145

LC-25-012 70.05 70.75 0.70 0.008 0.82 57.9 0.13 33.7 64.6 54.20 127

LC-25-012 70.75 71.15 0.40 0.000 0.80 20.6 0.07 18.9 99.1 41.30 65

LC-25-012 71.15 71.40 0.25 0.065 72.40 6950 2.70 59.9 15700 197.50 11650

LC-25-012 76.15 76.30 0.15 0.008 1.48 124 0.26 91.8 44.1 31.40 204

LC-25-012 138.00 138.30 0.30 0.041 8.26 6590 21.90 20.1 336 11.20 1630

LC-25-012 138.30 138.55 0.25 0.140 157.00 10000 380.00 33.4 6010 26.90 19150

LC-25-012 145.50 146.00 0.50 0.005 0.23 35.1 0.64 19.2 22.8 2.29 92

LC-25-012 146.00 146.30 0.30 0.005 2.29 322 3.83 18.6 204 1.56 277

LC-25-012 148.60 149.30 0.70 0.007 3.79 117 2.20 10.6 828 5.27 97

LC-25-012 151.35 151.80 0.45 0.000 0.28 34.5 0.44 9.1 39.3 1.93 48

Table 3 Collar Information

Hole_ID Easting Northing Elevation Az Dip EOH

LC-25-

009 464669 2964549 1660 220 -75 215.65

LC-25-

011 464669 2964549 1660 250 -45 315.8

LC-25-

012 463522 2964744 1640 45 -45 151.8

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