Kingman Minerals Reports Second Sampling Results For Rosebud Gold Mine

Kingman Minerals (TSXV: KGS) this morning announced the second sampling results from its Rosebud Mine, part of the firms Mohave project, with data focused on the 100 foot and 200 foot levels of the mine shaft. Highlight mineralization includes 688 g/t gold and 468 g/t silver over 0.18 metres from a chip sample taken on the 100 foot level stope in the mine.

The second round of sampling, similar to the first round, was conducted by Burgex Mining Consultants, whom were called back to site to attempt to reach the 200 foot level of the mine. After clearing debris from the mine shaft, Burgex was able to successfully reach the 200 foot level of the historic mine.

In total, twenty six samples were taken from the mine from both the 100 and 200 foot levels during the second underground program. Highlights from the program include 688 g/t gold and 468 g/t silver over 0.18 metres, as well as 109 g/t gold and 164 g/t silver over 0.15 metres, both taken from chip samples at the 100 foot north stope.

"The Company continues to be greatly encouraged with respect to the potential of the Mohave Project after the completion of this second phase of work. Through this approach of the replication of previous sampling efforts, we are able to verify the reliability of historic data. Our confidence has only increased with this program and we are incredibly proud of the hard work and diligence of those involved. The Company expects to provide shareholders with an update on a potential resource estimate in the near future." 
Sandy MacDougall, Chairman

Kingman Minerals last traded at $0.18 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

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Goliath Resources Extends High Grade Zone To 580 Metres In Latest Assays

Related News

The Trans-Hudson Corridor: Will Saskatchewan Have the Next Gold Rush?

With the recent rise in the price of gold to record levels, gold exploration has...

Monday, August 3, 2020, 09:00:00 AM

Midland Discovers New Gold Zone At Samson Project In Fenelon Gold Camp

Midland Exploration (TSXV: MD) this morning announced that it has discovered a new gold bearing...

Tuesday, September 1, 2020, 08:48:28 AM

Grande Portage Resources Completes 8,150 Metre Drill Program

Grande Portage Resources (TSXV: GPG) has successfully completed its drill program for the 2021 season...

Tuesday, October 26, 2021, 08:19:36 AM

Chaos Pushes Gold Higher, But Can Governments Hold It Down? | John-Mark Staude – Riverside Resources

.John-Mark Staude, President and CEO of Riverside Resources Inc. (TSXV: RRI), tackles gold's impressive run...
Saturday, September 27, 2025, 07:37:00 AM

Gold Heading Above $2000? – The Daily Dive feat John Mark Staude

Today on The Daily Dive, we have John-Mark Staude, CEO of Riverside Resources (TSXV: RRI)....

Tuesday, November 10, 2020, 01:00:00 PM