Kingsmen Resources Ltd. reported initial results from its ongoing regional surface sampling program on the Las Coloradas project, located 30km from Hildago de Parral, Chihuahua, Mexico. Portions of the Soledad structure were mined by ASARCO (American Smelting and Refining Company), the U.S. based subsidiary of Grupo Mexico in the period 1944 to 1952. Kingsmen's current regional sampling program is focused on areas outside of the structure historically mined by ASARCO.

The Las Coloradas mineralization is located on the southeast flank of a prominent aeromagnetic high interpreted to be a buried felsic intrusive body. The felsic intrusives associated with the Soledad and Soledad II structures are likely linked to this body and the setting is favourable for porphyry, skarn and epithermal vein mineralization. Regional prospecting and sampling to the west, north and northeast of the Soledad structures has identified promoted to anomalous silver values associated with a previously unrecognized approximately 2,500 meter long, NE-trending zone of structures.

As well, a number of other sites with anomalous silver values were identified. Pathfinder element concentrations occurring in variable combinations in the areas of interest include Au, As, Sb, Pb, Zn, Cu, Hg, Mo, Te and Tl. High pathfinder element concentrations are interpreted to reflect proximity to mineralizing fluid flow.

The different combinations of pathfinder elements likely represent different stages or pulses of mineralization. Their distributions provide evidence for district-wide, structurally controlled mineralization. Field Update: Kingsmen's field crews are currently active on the project following up the very positive results from the summer field program.

Additional results will be released once received and assessed. Kingsmen has a high level of optimism for additional discoveries in these previously unexplored areas.