Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, recently commissioned Burgex Inc. to produce a new NI 43-101 technical report on its Mohave County assets. An article discussing the company further reads, “Forming part of KGS’s Mohave Project, the historic 167-hectare Rosebud Mine was originally discovered as part of the ‘Gold Rush’ era in the 1880s and was mined extensively until the 1930s. While the most accessible resources have already been extracted, modern mining techniques enable the extraction of difficult lodes safely and cost effectively, giving KGS the ability to tap into the new wealth left behind by previous mining generations. . . . Renewed interest in the Rosebud site by KGS is primarily driven by underground mapping, drilling and sampling of the area conducted between 1984 and 1986 by L.A. Bayrock, PhD, PGeo, on behalf of Stellar Resource Corporation (http://ibn.fm/K2LFf). The proposed drilling site includes eight separate veins and one prominent double vein, which extends from the northwest corner to nearly the southeast corner of the claims block. Written prior to NI 43-101 regulations, the results are not NI 43-101 compliant and require additional underground sampling for verification. KGS has started the process of preparing an NI 43-101-compliant technical report on its Mohave County assets by commissioning the services of Burgex Inc. (http://ibn.fm/9c7fc), a mining consulting services company specializing in the analysis of abandoned mine sites throughout the Western United States.”
To view the full article, visit http://ibn.fm/P73pz
About Kingman Minerals Ltd.
Kingman Minerals is currently engaged in the business of precious-metal mineral exploration for the purpose of acquiring and advancing nongrass-roots mineral properties located in mining friendly jurisdictions of North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims that are inclusive of the past-producing Rosebud Mine. 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 shaft and approximately 2,500 feet of drifts, raises and crosscuts. For more information, visit the company’s website at www.KingmanMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://ibn.fm/KGS
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Editor@QualityStocks.com
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