17:37:57 EST Tue 03 Feb 2026
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Kingman Minerals Ltd (2)
Symbol KGS
Shares Issued 42,787,521
Close 2026-02-02 C$ 0.115
Market Cap C$ 4,920,565
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Kingman Minerals receives drill permit for Mohave

2026-02-03 10:11 ET - News Release

Mr. Simon Studer reports

KINGMAN RECEIVES DRILL PERMIT FOR PHASE III AT MOHAVE PROJECT

Kingman Minerals Ltd. has received approval from the U.S. Bureau of Land Management (BLM) to proceed with exploratory drilling at its Mohave project in Arizona.

The approved phase III drill program comprises seven HQ diamond drill holes totalling approximately 814.7 metres (2,673 feet), including six holes from three pads on existing disturbance stepping out to the southeast and one hole to the northwest.

Simon Studer, interim chief executive officer, president and director, stated: "BLM approval allows us to execute a focused drill test beyond the historic Rosebud mine workings. The objective is to assess the continuity of the Southwick vein system and generate decision-grade information to guide subsequent exploration."

Qualified person

The technical information contained in this news release has been reviewed and approved by Brad Peek, MSc, CPG, who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Kingman Minerals Ltd.

Kingman Minerals is a publicly traded exploration and development company focused on precious metals in North America. The company's flagship project is the fully owned historic Rosebud mine, located in the Music Mountains in Mohave county, Arizona. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot main shaft and approximately 2,500 feet of drifts, raises and crosscuts.

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