Mohave Project Drilling Commenced

VANCOUVER – Kingman Minerals Ltd. reported completion of Hole MH-02 at a depth of 806 ft and an angle of -70° drilled in the Rosebud Mine area of the Mohave Project. The Mohave Project is located in the Music Mountains in Mohave County, Arizona and is comprised of 71 lode claims which are inclusive of the past producing Rosebud Mine.

MH-02 intersected two mineralized veins on either side of a rhyolite dike, as also seen in MH-01, which are exposed and have been sampled in the historic underground workings. MH-02 appeared to intersect the rhyolite dike and veins between approximately 266′ (81.1 m) and 345′ (105.2 m).

MH-02 encountered sulfide/galena veinlets to 2 cm wide at around 271 ft (82.6 m). The sulfides and galena were deposited in fractures and in the intrusive breccia by hydrothermal fluids that are responsible for the gold and silver mined in the historic workings. This phase of drilling is expected to verify the thickness and grade of the veins recorded in previous exploration activity reports.

“We are encouraged to see that the geologic relationships seen in the first two drill holes are consistent with those described in the historic reports about the Rosebud mine area. Both the veins and the rhyolite intrusive have occurred in their projected locations, which is gratifying”, states Brad Peek, consulting geologist.