Kingsmen Resources Ltd. Stock Analysis KNG.V

Kingsmen Resources Ltd. (British Columbia) is a junior mineral exploration company, which engages in the acquisition and exploration of precious metals on mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2000-06-22. Both projects cover past-producing high-grade silver and gold mines and lie directly on the structural corridors that host many of Mexico's silver-gold deposits. The Las Coloradas Project is an underground epithermal, high-grade, narrow-vein, silver-gold copper-lead-zinc project within the Carbonate Replacement Deposits belt of Chihuahua state, Mexico. The Las Coloradas Project covers approximately 850 hectares. The Almoloya Project includes the past producing Cigarrero and Las Juliettas prospects and represents a consolidation of five mineral claims into a single, contiguous land package covering around 866.25 hectares. The company also holds a 1% NSR royalty on the La Trini claims within GoGold Resources' Los Ricos North project in Jalisco State, Mexico.