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.

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