Kingsmen drills 1.40 m of 433 g/t AgEq at Las Coloradas

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2026) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) (" Kingsmen" or the " Company" ) is pleased to report assay results from two additional diamond drill holes, LC-26-014 and LC-26-015, at the Company's 100%-held Las Coloradas silver project in the Parral mining district of the Central Mexican Silver Belt, Chihuahua, Mexico. Drilling has now intersected the Mine zone mineralization across a minimum strike length of 106 meters, in three drill fences spaced 50 meters apart, to a vertical depth of 155 meters. The mineralization is open at depth and along strike, and includes a wide, high-grade zone intersected in LC-25-010.

Highlights:

LC-26-014 — an aggressive step-out drilled to a planned 100-metre undercut beneath LC-25-007, intersecting the mineralized system 90 metres down-dip of historic workings:

1.40 meters @ 433 g/t Ag Eq (239 g/t Ag) from 190.0 – 191.4m (drilled core length; true width not yet determined)

Including 787 g/t Ag Eq (435 g/t Ag) over 0.75m (190.4 – 191.5m)

LC-26-015 — an aggressive step-out drilled to a planned 100-metre undercut beneath LC-25-006, intersecting the mineralized system 96 metres down-dip of historic workings:

1.70 meters @ 185 g/t Ag Eq (139 g/t Ag) from 201.65 - 203.35m (drilled core length; true width not yet determined)

Including 438 g/t Ag Eq (336 g/t Ag) over 0.68m (202.17 – 202.85m)

Silver-gold mineralization now intersected over a minimum of 155m depth

Mineralization is open at depth and on strike

President, Scott Emerson, commented, "We are continuing to grow the project footprint, and we are seeing mineralization similar to what was historically mined, which gives us confidence we are in a mineral-rich system. The two-hole fence of LC-25-007 and LC-26-014 sits 50 meters north of