Mr. Scott Emerson reports

KINGSMEN RESOURCES EXPANDS LAS COLORADAS SILVER/GOLD PROJECT AREA

Kingsmen Resources Ltd. has provided a progress update on the Las Coloradas project, located 30 kilometres from Hidalgo 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 has completed additional prospecting and sampling in a previously untested area of the project located northeast of the Soledad NW target area. No historic old workings were found in the area and overburden limits exposure. Silver values up to 153 grams per tonne were obtained typically from 0.1-metre-to-4.0-metre-wide, northwest-trending quartz-calcite structures, veins and breccias that parallel the Soledad and Soledad II structures and their subsidiaries. In aggregate, the belt of northwest-trending structures plus the Soledad and Soledad II structures is at least 1,500 metres wide and the presence of anomalous silver values in the major and minor structures demonstrates the prospectivity of the belt. Preliminary interpretation of ground magnetics indicates the presence of several important major structures as indicated by magnetic linears. Pathfinder element concentrations occurring in variable combinations in the areas of interest include copper, lead, zinc, arsenic, bismuth, antimony and molybdenum. The different combinations of pathfinder elements likely represent different stages or pulses of mineralization.

The belt of northwest-trending structures intercepts a newly recognized 2,500-metre-long zone of northeast-trending structures near the area of highly anomalous silver values at the northwest end of the Soledad II structure. This complex structural zone is located in an area of strong magnetics possibly representing a buried intrusive with skarn potential.

Scott Emerson, president, commented, "We are continuing the field program with the aid of integration and interpretation of the ground magnetic data to better understand the structural controls on the silver mineralization which are presenting new areas for exploration which have not been explored before."

About Las Coloradas

The Las Coloradas project (8.5 square kilometres or 3.3 square miles) represents a consolidation of a historic mining district that covers numerous silver-gold-lead-zinc-copper mines previously exploited by ASARCO, 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 Hidalgo de Parral and 40 kilometres east of the San Francisco de Oro and Santa Barbara 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 kilometres north of Parral, and La Cigarra (Kootenay Silver Inc.), 35 kilometres northwest of Parral.

Qualified person

Dr. 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 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. Kingsmen is a publicly traded company and is headquartered in Vancouver, B.C.

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