Saturday, May 31, 2025

Latest

Kingman Minerals Begins Exploration Programs in The Historic Rosebud Mine

This morning Kingman Minerals (TSXV: KGS) announced the completion of two phases of underground exploration on the Mohave Project in Mohave County, Arizona with results pending.

The Gold explorer contracted Burgex Inc, a mining consulting services company, which specializes in mineral exploration. The consulting firm has experience providing services to companies ranging from individual prospectors and public junior mining companies all the way through major miners, large investment groups, and governments.

An example of a previous Burgex project can be found here, working on the Chihuahua Adit of the Bay State Silver Mine for Sunrise PLC:

Source: SR Minerals YouTube Page

The Burgex team has been featured in Forbes Magazine, on Discovery Channel, and many other outlets, the team members of Burgex have led the field in safe access to difficult vertical abandoned mine workings and continue to work on pioneering new mineral exploration methods with strategic partners throughout the United States and Internationally.

Rosebud Mine, Source: Kingman Minerals

Kingman recently acquired the Mohave Project and Historic Rosebud Mine. The Project is located in the Music Mountains in Mohave County, Arizona. Approximately 35 miles from the town of Kingman with direct access by car from highway 66 and Pierce Ferry road. In total, the Project is comprised of 20 lode claims which are inclusive of the historic Rosebud Mine. The Rosebud was discovered in the 1880’s and was mined mainly in the late 20’s and 30’s. The underground workings consist of a total of 2,300 feet of drifts, raises and crosscuts. Mining took place pre-dominantly at the 100-foot level. Two major stopes are present from which approximately 3,000 tons of ore was removed.

The price of gold has shown strength as the Federal Reserve expands their balance sheet, despite seeing the dollar gain strength as well:

Source: FRED.org

Kingman released the historic results of the Project from the 1980s this week. Although not 43-101 compliant, the company hopes to prove out a viable project in the coming weeks:

Source: King Minerals Website

The price of KGS closed flat yesterday at 20c.


Information for this briefing was found via Sedar and Kingman Minerals. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

2 Responses

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Osisko Development Sees CFO Resign After 3 Months

Osisko Development (TSXV: ODV) released a rather long corporate update this morning, with the firm...

Tuesday, January 19, 2021, 08:55:02 AM

Fiore Gold Intersects 2.85 G/T Gold Over 24.4 Metres At Gold Rock

Fiore Gold (TSXV:F) today released additional drilling results from operations at its Gold Rock project...

Friday, June 4, 2021, 08:38:34 AM

Fosterville South Reports Initial Assay From Reedy Creek: 31.34 G/T Gold Over 11 Metres

Fosterville South Exploration Ltd. (TSXV: FSX) reported this morning an update from the initial drilling...

Monday, August 9, 2021, 05:31:00 PM

South Korea Mint Suspends Gold Sales as Prices Hit Record

Trading volumes jump as global markets tighten...
Wednesday, February 12, 2025, 10:24:00 AM

Lodge Resources Acquires Lower 48 Resources, Lehmi Gold Project

Lodge Resources (CSE: LDG) announced this morning that it has completed the acquisition of the...

Thursday, April 16, 2020, 02:43:13 PM