Kingsmen hits 641 g/t Ag-eq over 1.4 m at Las Coloradas, Mexico

Vancouver, British Columbia--(Newsfile Corp. - July 22, 2026) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report first assays from its ongoing fully funded diamond drilling campaign, from hole LC-26-013, drilled on the Company's 100%-owned Las Coloradas silver project in the Parral mining district of the Central Mexican Silver Belt, Chihuahua, Mexico. LC-26-013, the deepest hole drilled to date at the Soledad system, intersected significant silver-gold mineralization 54 meters down-dip of previously reported hole LC-25-010, confirming that high-grade mineralization at Soledad continues to grow at depth. Together with previously reported holes, LC-25-005 and LC-25-010, the fence of three holes has now intersected silver-gold mineralization over a minimum of 135 meters of vertical depth, and a new structural target has been identified.

Mineralization remains open at depth and along strike. This result demonstrates the continuity of the high- grade silver mineralization and expands the known mineralized footprint. Highlights: LC-26-013 (new): 5.20 meters @ 257 g/t AgEq (114 g/t Ag ) within a broader alteration zone (130.0–246.9m), including 641 g/t AgEq (425 g/t Ag) over 1.40m (236.55–237.95m)  — among the highest-grade silver intercepts reported by Kingsmen to date, and the deepest hole in the Soledad fence.

LC-25-010 (previously reported, Sept. 24, 2025): 1.45 meters @ 1,028 g/t AgEq (455 g/t Ag) (190.25–191.70m), including 1,742 g/t AgEq (770 g/t Ag) over 0.70m (190.85–191.55m), within a broader zone of 138 g/t AgEq over 13.35m (64.3 g/t Ag). LC-25-005 (previously reported, January 19, 2026): 15.7 meters @ 74 g/t AgEq (46 g/t Ag), including an upper zo