Kingman Minerals Plans Drill Campaign For Mohave Gold Property

Kingman Minerals (TSXV: KGS) this morning announced that it is currently preparing a drill campaign for its Mohave Project in Arizona, with the campaign having a focus on the historic mine area on the property.

The drill campaign, of an as of yet undisclosed size, will see the company twin the prior conducted 1984 drill program to bring results to current NI 43-101 standards. The 1984 drill program, conducted by L.A. Bayrock for Stellar Resources, saw surface and underground mapping, drilling, and sampling occur. A total of eight holes totaling 473 metres (1,553 feet) were diamond drilled.

The drilling occurred on the Southwick veins, on which the Rosebud Mine production shaft is located. The shortest drilled hole from the program measured in at 106 feet, while the deepest was 301 feet. The program was designed to search for new gold deposits, at a distance of 200 feet beyond the northwest end of the underground workings on site. At the time, the company had discovered two new zone of claimed ore grade mineralization.

The drill program being planned by Kingman is set to be in the same area as the Bayrock program to verify what was disclosed previously. While a resource estimate was previously provided for the property some years ago, the figures provided are not to NI 43-101 standards and thus cannot be relied upon. Kingman also intends to drill in new areas as a means of expanding the exploration area and potential resource.

Kingman Resources last traded at $0.16 on the TSX Venture.


FULL DISCLOSURE: Kingman Minerals Ltd is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Kingman Minerals Ltd on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

BMO Reiterates Ratings On Eldorado Gold Despite Poor Quarterly Performance

Eldorado Gold (TSX: ELD) is down 8% since it reported its first-quarter financial results on...

Tuesday, May 3, 2022, 02:22:00 PM

Great Bear Hits 7.04 G/T Gold Over 54.55 Metres At LP Fault Zone

Great Bear Resources (TSXV: GBR) this morning released additional assay results from its ongoing $21...

Wednesday, October 7, 2020, 08:15:16 AM

Rockland Resources Reports Prospective Target Trend At Cole Gold Mines Property

Rockland Resources Ltd. (CSE:RKL) today announced the results of aeromagnetic data analysis at its flagship...

Monday, June 21, 2021, 10:12:00 AM

It’s Early Yet; Grading Discovery Hunters Pt. 2: Golden Lake Exploration

Part one of this series about early-stage, discovery-oriented company archetypes focused on Nexus Gold, and...

Thursday, August 13, 2020, 04:01:00 PM

Finding Gold In Southeast Arizona – The Daily Dive feat Ian Klassen of GMV Minerals

Starting off The Daily Dive for 2021 is that of Ian Klassen, CEO of GMV...

Monday, January 4, 2021, 01:30:00 PM