KNG.V · 2025-09-24 12:00:00

Kingsmen Intersects 1,742 G/T Silver Equivalent over 0.7 Meters (190.85 – 191.55 M) IN Its First Drill Program at Its Las Coloradas Silver Project, Chihuahua, Mexico

Drill Results

TSX-V: KNG

OTCQB: KNGRF

FSE:TUY

KINGSMEN INTERSECTS 1,742 g/t SILVER EQUIVALENT OVER 0.7 METERS

(190.85 – 191.55 m) IN ITS FIRST DRILL PROGRAM AT ITS LAS COLORADAS

SILVER PROJECT, CHIHUAHUA, MEXICO

Vancouver, British Columbia, September 24, 2025 - Kingsmen Resources Ltd. (“Kingsmen” or the

“Company”) (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) is pleased to report first assays from Hole

LC-25-010 that intersected significant mineralization. The hole was drilled as part of the recently

completed 12 hole - 3,227.2 meter drill program on its 100% owned Las Coloradas silver project. The Las

Coloradas project is in the Parral mining district of the Central Mexican Silver Belt, Chihuahua Mexico.

Four Key Highlights:

1. HIGH GRADE SILVER DISCOVERY

◊ 1,028 g/t silver equivalent over 1.45 meters (455 g/t silver) from 190.25-191.70m.

including 1,742 g/t silver equivalent over 0.70 meters (770 g/t silver) from 190.85-191.55m.

◊ See Tables 1 and 2 for zinc, lead and gold grades used in the silver equivalent calculation.

2. WIDE MINERALIZED ZONE

◊ 138 g/t silver equivalent over 13.35 meters (64.3 g/t silver) from 178.35-191.70m.

◊ Drilled previously untested areas below historic ASARCO mining 1943-1952

3. SHALLOW, NEAR-SURFACE MINERALIZATION

Intercept from only 125 Meters Depth

◊ Multiple mineralization styles including massive sulphides

◊ Strong pathfinder elements (antimony, indium, bismuth) indicate larger system

4. SIGNIFICANT DISCOVERY POTENTIAL

Less than 5% of property explored

◊ 8.5 km2 consolidated historic mining district

◊ Multiple untested structures and veins

◊ Located in Mexico’s prolific Parral Silver District

President, Scott Emerson commented, “Our first hole confirms our thesis to drill below historic mining

areas and has demonstrated the two essential elements of both grade and scale. Since the Company’s

inception, our approach has been laser-focused on creating sustainable value for our stakeholders. Hole

LC-25-010 delivered high-grade, shallow silver mineralization in the Mine zone of the Soledad structure

demonstrating the potential for the discovery of additional high-grade mineralization in this area.

The Company is awaiting assays from eleven additional holes and targets that have been drilled as part of

this initial drill program. With its growing understanding of the geochemistry and controls on

mineralization, and less than 5% of the project area covered with comprehensive exploration work , the

property remains under explored. Kingsmen has only just begun to unlock the true potential of this high -

grade silver system”.

Hole LC-25-010 (Figure 1 ; Table 1; Table 2 ; Table 3) was drilled on the Soledad structure to test for

depth extensions to the mineralization mined by ASARCO in the period 194 3-1952. The hole

intersected an alteration zone with massive sulphide mineralization from 178. 35 to 19 1.70 meters

(13.35 meters) downhole. The silver rich massive sulphide mineralization ( 190.85 to 191.55 meters)

comprises sphalerite, galena, arsenopyrite, pyrrhotite, and pyrite (Figure 2). The mineralization is strongly

anomalous in pathfinder elements antimony , bismuth, indium and arsenic. The values for bismuth,

antimony and indium are very anomalous and underscore the value of these elements as pathfinders that

map the alteration zone that contains the high grade mineralization (Table 1). Significant gold of 0.60 g/t

is associated with an arsenopyrite rich zone indicating the potential for the development of this type of

mineralization. The high-grade silver values are comparable to the reported historical grades that

ASARCO mined confirming the drilling is testing an extension to the historic mineralization.

Alteration starts at approximately 178.0 meters with a weakly mineralized zone from 180.25 to 182.0 meters

with elevated silver values (Figure 2 and Figure 3). This zone, which contains elevated pathfinder elements

arsenic, antimony, bismuth and indium, may be along strike or down-dip of stronger mineralization. The

alteration comprises chlorite-calcite-clays with variable silicification and pyritization with variable low to

anomalous values of arsenic, bismuth, indium and antimony. Of note is the discovery of the critical metal

indium in the massive sulphide intersection. Further work is required to determine the significance of this

discovery.

Mineralization occurs as massive sulfides composed primarily of sphalerite/blende (?), pyrrhotite,

arsenopyrite, pyrite, and galena, accompanied by massive white quartz and a smaller proportion of calcite.

The host rock is a sedimentary sequence composed o f fine - to medium -grained quartz o-feldspathic

sandstone and interbedded thin layers of shale/siltstone. This sequence exhibits moderate to pervasive

silicification superimposed on chloritic alteration (?), which permeates from layer contacts and in cracks

and fractures. Microfaulting, incipient layer elongation, and ductile deformation are evident in the

shale/siltstone layers. Multiple cracking and fracture systems and veinlets with different orientations and

compositions, which sometimes overlap, are present indicating shear stresses and different mineralization

events. Petrographic studies are underway to type the alteration and relative ages of the mineralization.

[Table 1 Next Page]

Table 1 Analyses

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

Table 2 Silver equivalents

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

x Ag recovery) + (Pb 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 with similar style mineralization.

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

estimate-for-la-cigarra-project-chihuahua-mexico).

Hole From To Width (m) Au ppm Ag ppm As ppm Bi ppm In ppm Pb ppm Sb ppm Zn ppm

LC-25-010 178.35 179.25 0.90 0 1.12 351 8.68 0.10 39.5 10.05 448

LC-25-010 179.25 180.25 1.00 0.006 0.78 232 2.55 0.51 39.4 12.15 148

LC-25-010 180.25 180.75 0.50 0.013 16.00 5710 215.00 0.35 377 26.40 1375

LC-25-010 180.75 181.40 0.65 0 7.20 1185 41.10 0.89 163 6.82 3290

LC-25-010 181.40 181.70 0.30 0 2.25 446 2.80 0.08 92.5 12.05 86

LC-25-010 181.70 182.00 0.30 0.033 19.80 >10000 6.86 5.29 4660 23.90 5520

LC-25-010 182.00 182.40 0.40 0 0.73 81.7 1.65 0.06 40.8 3.89 83

LC-25-010 182.40 183.40 1.00 0 0.93 98 3.90 0.09 56.9 2.75 174

LC-25-010 183.40 184.20 0.80 0 0.45 59.3 0.92 0.05 27.5 3.89 91

LC-25-010 184.20 184.70 0.50 0 1.07 22.5 3.20 0.06 41.4 1.87 122

LC-25-010 184.70 185.40 0.70 0 0.63 28.1 2.28 0.11 21.2 1.72 296

LC-25-010 185.40 186.00 0.60 0 11.90 335 29.10 0.81 483 4.85 2210

LC-25-010 186.00 186.40 0.40 0 2.81 188.5 6.85 0.77 134 8.77 1755

LC-25-010 186.40 186.90 0.50 0 6.05 393 5.87 0.73 1250 15.50 782

LC-25-010 186.90 187.20 0.30 0.005 51.70 2060 22.40 6.28 8510 50.70 7870

LC-25-010 187.20 187.55 0.35 0 5.43 1190 9.58 0.71 380 5.29 1105

LC-25-010 187.55 188.30 0.75 0.091 238.00 >10000 207.00 12.10 36100 466.00 18700

LC-25-010 188.30 189.30 1.00 0 2.79 327 6.54 0.15 352 8.08 236

LC-25-010 189.30 190.05 0.75 0 4.62 839 6.01 3.37 241 15.60 12350

LC-25-010 190.05 190.25 0.20 0.027 13.65 >10000 18.05 5.00 1425 29.20 13550

LC-25-010 190.25 190.85 0.60 0.037 100.00 >10000 46.70 5.29 16150 103.50 8360

LC-25-010 190.85 191.55 0.70 0.297 770.00 >10000 630.00 145.50 126500 679.00 215000

LC-25-010 191.55 191.70 0.15 0.601 170.00 >10000 410.00 50.40 8150 519.00 144500

LC-25-010 191.70 192.70 1.00 0 2.93 1375 5.37 0.31 284 20.10 686

LC-25-010 192.70 193.70 1.00 0 3.22 313 3.51 0.45 431 8.71 684

LC-25-010 193.70 194.70 1.00 0 2.00 629 4.74 0.26 88.5 8.79 766

Hole From To Width (m) Ag Eq ppm Ag ppm Au ppm Pb % Zn %

LC-25-010 178.35 191.70 13.35 138.0 64.3 1.0 1.6

incl 180.25 182.00 1.75 21.0 11.0 0.1 0.2

and 186.90 191.70 4.80 369.0 171.0 2.7 4.3

incl 190.25 191.70 1.45 1,028.0 455.0 0.2 7.3 13.0

and 190.85 191.55 0.70 1,742.0 770.0 0.3 12.6 21.5

Table 3 Collar and survey table

Figure 1

Figure 2 Mineralization

Figure 3 Mineralization (part) - split core

Holes 5, 6, 7 and 10 tested a 100 -meter length of the Soledad system centered on the Soledad shaft.

Holes 9 and 11 tested the structure in the area of the Rosario shaft. Holes 2,3 and 4 tested a 50 -meter

segment of the Soledad structure/vein system in the DBD target. Hole 12 tested under old workings

on the Soledad II structure/vein system. Holes1 and 8 tested a geological/geophysical target. The

target was the intersection of NW -trending and NE -trending structures/vein systems, in an area of

high chargeability and resistivity on an interpreted NW -trending magnetic structure.

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 -3.3 sq miles) represents a consolidation of a historic mining district

which covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO (American

Smelting and Refining Company), the U.S. based subsidiary of Grupo Mexico.

Las Coloradas is in the Parral mining district of the Central Mexican Silver Belt, and is located

approximately 30 kilometers southeast of the city of Hidalgo de Parral and 40 kilometers east of the San

Francisco de Oro and Santa Barbara mining districts where several old major mines are located, such as La

Prieta, Veta Colorada, Palmilla, Esmeralda, San Francisco del Oro and Santa Barbara. Click here to see

locator map: https://www.kingsmenresources.com/area-history

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 is a mineral exploration company focused on advancing its 100% held projects, the

Las Coloradas silver/gold project and Almoloya gold/silver project located in the prolific mining district of

Parral Mexico. The projects host historic past producing high-grade silver mines. They are considered to

be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic

belts that host numerous other, on-trend, high-grade deposits. In addition, the company has a 1% NSR on

the La Trini claims which form part of the Los Ricos North project operated by GoGold Resources Inc. in

Mexico. Kingsmen is a publicly-traded company and is headquartered in Vancouver, British Columbia.

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 results, 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 programs; permitting; and community

relations. Readers are cautioned not to 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, e xcept as required

by law.

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.

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