Kingsmen Resources Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Scott G. Emerson
- Full Time Employees
- 2
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1090 West Georgia Street Vancouver BC Canada V6E 3V7
- IPO Date
- Feb 25, 2004
- CIK
- 0001191832
- Website
- kingsmenresources.com
- Similar Companies
- Business
- Kingsmen Resources Ltd. is a Canada-based junior mineral exploration company focused on the acquisition, exploration, and development of precious and base metal properties, primarily silver, gold, lead, zinc, and copper deposits. Incorporated in 2000 and headquartered at Suite 1305, 1090 West Georgia Street in Vancouver, British Columbia, the company was formerly known as Tumi Resources Limited before changing its name in July 2015. It operates principally in the prolific Parral Mining District of Chihuahua, Mexico, targeting high-grade vein, CRD, and skarn systems through district-scale consolidation of brownfield assets; core projects include its 100%-owned Las Coloradas Project spanning approximately 845 hectares and the recently acquired Almoloya Gold/Silver Project, located 30 km west of Las Coloradas within a 12 x 14 km hydrothermal system prospective for silver, lead, zinc, and gold mineralization; additionally, Kingsmen holds a 1% net smelter return royalty on the La Trini claims forming part of GoGold Resources Inc.'s Los Ricos North project in Mexico. The company advances its portfolio through geological assessment, surface sampling, database compilation from historical explorers such as Anglo American, Newmont, and Alamos Gold, regional evaluation, and drill programs aimed at discovering near-term high-grade deposits in historically productive areas. Las Coloradas hosts underground high-grade vein and CRD potential on structural belts aligned with on-trend deposits, while Almoloya represents a 20-year land consolidation now fully controlled by Kingsmen for the first time, enabling systematic modern exploration previously untapped since the early 2000s. In recent developments, Kingsmen completed an option agreement in October 2025 to acquire 100% interest in the Almoloya Project, strengthening its Parral district footprint and aligning with its strategy of revitalizing historic assets via claim consolidation and low initial tenure costs to prioritize exploration. The company raised $1 million in November 2024 through a non-brokered private placement of 4 million units at $0.25 each for Las Coloradas advancement and working capital, followed by a larger $4.15 million placement in late 2025 issuing 3.075 million units at $1.35 each to support ongoing drilling and district programs. These financings, including insider participation, underscore Kingsmen's aggressive growth amid a tight capital structure and leadership's mining expertise, positioning it as a key explorer in Mexico's mining-friendly Parral region.
Company News
Kingsmen Drills 1.40 Metres of 433 g/t AgEq (239 g/t Ag) at Las Coloradas, Expanding a High-Grade Silver Zone Open at Depth and Along Strike
Kingsmen Extends High-Grade Soledad System at Depth, with a 1.4m Intercept of 641 g/t Silver Equivalent, Confirming Continuity over 135 Meters of Vertical Depth at Its Las Coloradas Silver Project, Chihuahua, Mexico
Kingsmen Completes 60 km² Precision Satellite Topographic Surveys at Las Coloradas and Almoloya, Advancing Drill Targeting Across the High-Grade Parral Silver-Gold District, Chihuahua, Mexico
Kingsmen Commences Drilling at Its Las Coloradas Silver-Gold Project Parral Mining District, Chihuahua, Mexico
Kingsmen Acquires 100% Ownership of the Claudia 2 Claim, Adding Never-Drilled Saddle Target and District-Scale Extensions to Las Coloradas Silver-Gold Project
Kingsmen Resources Announces Exploration Plans for Las Coloradas and Almoloya Projects Following Fully Funded Financing
Kingsmen Resources Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$13 Million
Kingsmen Resources Announces Upsize of Bought Deal Private Placement to Gross Proceeds of C$11 Million
Kingsmen Resources Announces Bought Deal Private Placement for Gross Proceeds of C$10 Million
Kingsmen Resources Ltd Drilling Confirms Continuity of Mineralization 70 Meters Down-Dip Cuts 15.7m @ 74 g/t Ag Eq Incl. 704 g/t Ag Eq @ 0.35m & 1379 g/t Ag Eq @ 0.6m
Kingsmen Drills a New Discovery of High Grade Silver Mineralization: 3.15 Meters Grading 241 g/t Ag/Eq Including 525 g/t Ag/Eq with 0.185 g/t Gold over 1.15 Meters
Kingsmen Hits 270 g/t AgEq Over 1.3 m in 1.5 km Step-Out on Parallel Structure at Las Coloradas
Kingsmen Reports High Grade Gold Samples on South Block of Its Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua
Kingsmen Engages Resource Stock Digest for Marketing Contract
Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))
Kingsmen Resources Raises $4,151,250 in Non-Brokered Private Placement
Kingsmen Resources Announces Increase in Private Placement
Kingsmen Resources Announces $3,003,750 Private Placement
Kingsmen Granted Option to Acquire 100% of the Gold/Silver Almoloya Project in the Parral Mining District, Chihuahua, Mexico
Kingsmen Intersects 1,742 g/t Silver Equivalent over 0.7 Meters (190.85 - 191.55 m) in Its First Drill Program at Its Las Coloradas Silver Project, Chihuahua, Mexico