Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, is poised to profit from the renewed interest in mining companies brought on by the recent rise in gold prices. An article discussing the company reads, “Recently, a rekindled investment interest in the yellow metal seems to point to history repeating itself—creating an advantageous position within the space for companies with proven assets. Kingman Minerals, which specializes in sourcing and developing existing, non-grass roots properties within old mining sites, announced that it had recently secured mining interests within the Music Mountains in Mohave County, Arizona, within a territory encompassing 72 lode claims and spanning nearly 1,500 acres. The Mohave project, located 35 miles outside the town of Kingman from which the company takes its name, includes the historic Rosebud mine and has long held a well-deserved reputation for its abundant mineral resources. Gold was first discovered in the area as far back as 1879. The Rosebud mine in particular was discovered in the 1880s and mined primarily in the late 1920s and 30s, with approximately 3,000 tons of ore being removed over that interim (http://nnw.fm/KkS5D).”
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About Kingman Minerals Ltd.
Kingman Minerals is currently engaged in the business of precious-metal mineral exploration for the purpose of acquiring and advancing nongrass-roots mineral properties located in mining friendly jurisdictions of North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims that are inclusive of the past-producing Rosebud Mine. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises and crosscuts. For more information, visit the company’s website at www.KingmanMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://nnw.fm/KGS
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