Kingman Minerals (TSX.V: KGS) on Wednesday provided shareholders with an overview of the history and prospect of the Mohave Project. The Mohave Project is located approximately 35 miles from the town of Kingman in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims that are inclusive of the past producing Rosebud Mine. The Rosebud was discovered in the 1880’s and was mined predominantly at the 100-foot level in the 1920’s and 1930’s. Two major stopes are present from which approximately 3,000 tons of ore was removed. Per the news release, Kingman is very pleased with the acquisition and the prospect of twinning the historic work and brining the historic resource estimates to current day standards, as gold prices continue to rise. In addition to the company’s strong position to capitalize on the gold sector, the property is a promising prospect for silver as well.
To view the full press release, visit http://nnw.fm/z6riB
About Kingman
Kingman Minerals Ltd. is currently engaged in the business of precious metal mineral exploration for the purpose of acquiring and advancing non grass roots mineral properties located in mining friendly jurisdictions of North America. For more information, visit the company’s website at www.KingmanMinerals.com.
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