Mr. Scott Emerson reports

KINGSMEN RESOURCES YIELDS UP TO 448G/T SILVER FROM SURFACE SAMPLING ON THE NW PART OF THE SOLEDAD STRUCTURE

Kingsmen Resources Ltd. has released new results from its continuing 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, Chihuahua, Mexico. Located 30 kilometres from Hildago de Parral, Chihuahua, the Soledad structures were historically mined by ASARCO (American Smelting and Refining Company), the United States-based subsidiary of Grupo Mexico.

Highlights

• 24 samples were collected;
• One greater than 400 grams per tonne silver;
• One greater than 300 g/t silver;
• One greater than 200 g/t silver;
• One greater than 100 g/t silver;
• Three areas with high-grade silver values are recognized;
• Prospecting and sampling are continuing.

Scott Emerson, president, commented, "These results, together with the previously announced assays from Soledad SE, indicate the presence of significant silver mineralization over a distance of approximately 1.6 kilometres of the Soledad structure."

The old workings on the NW (northwestern) part of the Soledad structure are distributed over approximately 800 metres. The best silver grades are found in the La Pamela mine which occurs in felsic intrusives. This area is likely an important structural setting where the La Avispa and Soledad structures intersect. The Soledad mineralized structure flexes significantly between El Tronco and La Pamela likely due to structural offsets such as seen at the El Chapulin mine. The El Durmiente and La Chiquita mines occur on a northeast-trending structure. While the silver grades of the samples are modest (limited access to remnant mineralization) the structure, if projected, would intersect the El Nido area of the Soledad II structure where higher silver grades occur.

About Las Coloradas

The Las Coloradas project (8.5 square kilometres, 3.3 square miles) represents a consolidation of a historic mining district which covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO (American Smelting and Refining Company), the U.S.-based subsidiary of Grupo Mexico.

Las Coloradas is in the Parral mining district of the Central Mexican silver belt, and is located approximately 30 kilometres southeast of the city of Hildago de Parral and 40 kilometres east of the San Francisco de Oro and Santa Barbera mining districts where several old major mines are located, such as La Prieta, Veta Colorada, Palmilla, Esmeralda, San Francisco del Oro and Santa Barbara. As well, new major mining projects are currently being explored in the district; Cordero (Discovery Silver Corp.), 35 km north of Parral, and La Cigarra (Kootenay Silver Inc.), 35 km northwest of Parral.

Qualified person

Kieran Downes, PhD, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure set out in this news release.

About Kingsmen Resources Ltd.

In line with Kingsmen's organic growth strategy, the company's focus is on exploration and development, and is currently focused on district-scale exploration for high-margin metallic mineral deposits in the prolific mining districts of Parral, Mexico. In addition, the company has a 1-per-cent net smelter return (NSR) royalty on the Los Ricos North project in Mexico, operated by GoGold Resources Inc. The company's leaders have extensive experience in the mining and financial sectors.

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