Kingsmen Resources Ltd. reported first results from its on-going surface sampling program of old workings along the Soledad and Soledad II structures, and their subsidiary structures, in the southeast part of the Las Coloradas project located 30km from Hildago, Parral, Chihuahua, Mexico. The Soledad structure is one of two previously mined structures identified on the project. Sixteen old workings were accessed and sampled on the SE part of the Soledad structure.

Highlights. Thirty-nine (39) samples were collected. 2 > 500 g/t silver.

4 > 200 g/t silver. 9 >100 g/t silver. Three separate target areas recognized on the Soledad vein/structure.

New 300 meter long mineralized structure recognized. Prospecting and sampling are continuing. The distribution of old workings on the southeastern part of the Soledad structures indicates three areas of interest.

The concentration between El Tronco (mine) and El Contrapozo (shaft) is developed on a flexure in the Soledad vein. This suggests the potential for strong structural control on mineralization with significant depth extent. The concentration between Las Jaras and La Cometa, and the flanking occurrences of El Barril, La Sirena and El Catrin, appear to be related to structures in/along felsic intrusives.

The La Rama and La Casa area occur in volcanic-sedimentary rocks but may also be related to buried felsic intrusives; The alignment of the El Cubo to El Pescado workings clearly maps a separate, 300 meter long mineralized structure, separate from the Soledad. The El Negrito and La Campana workings do not lie on currently known structures. The mineralization is structurally controlled and typically quartz vein related, and exploits structures in both the felsic intrusives and the volcanic-sedimentary rocks.

Geophysical surveys will better the define the lateral and depth extents of the structures controlling mineralization. There may be a transition, laterally and/or vertically, to epithermal gold-silver mineralization. Samples from the La Sirena mine, La Casa mine, El Zopilotito mine and Las Jaras shaft contain elevated gold values.

As well, the Mexico Geological Survey noted the presence of skarn mineralization which may be significant. The mineralization that was exploited historically by ASARCO is shallow, high-grade, silver-gold-lead- zinc-copper veins. The La Soledad vein system, and its subsidiary structures, is estimated to be approximately 1 kilometer long based on the presence of old workings.

Mining appears to have stopped at the water table and standing water is present in the deeper workings. Primary galena and sphalerite and pyrite are locally preserved in parts of the old workings which are very dangerous to enter. Where accessible, this remnant mineralization was sampled in order to gauge the grade of the mineralization as there are no accessible mining records available.

This sampling will aid in identifying higher grade areas for future drilling. The sampling data indicates the potential for high grade silver mineralization with gold and base metal credits. The sizes of the old workings suggest the mined mineralization may have been up to several meters in width in the various zones of mineralization developed in the laterally extensive host structures, which will persist to depth below the water table where previous mining is reported to have stopped.