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| | Luxor Moly Overview January 5, 2008 - Kingsman Resources Inc. (TSXv: KSM) ("Kingsman") is pleased to announce that ground truthing of coincident soil geochemical and geophysical (Magnetometer, Induced Polarization) anomalies on its Luxor Molybdenum property are suggestive of excellent exploration potential. The property is located north of the town of Barriere and approximately 80 kilometers north of Kamloops, in south-central B.C. Soil geochemical work undertaken in the 2008 field season outlined two sub-parallel north-south striking Mo-in-soil anomalies that are greater than one kilometer long and which range in width between 100 and 400 meters (see News Release dated November 10, 2008). The better-defined western anomaly, which is at a lower elevation, was investigated in the field mainly to determine the practicality of building a short spur road to facilitate drill-testing. At the same time, two grab samples of the host intrusive rocks on the property were collected at random from bedrock outcrops exposed in the core of the anomaly. The bedrock is not obviously intensely veined or highly altered, but it in the vicinity of the anomaly it does contain notable flakes of disseminated molybdenite. The two samples returned 188 and 110 ppm Mo. The lack of alteration and veining in the samples and in the surrounding outcrops, along with a distinct lack of associated anomalous base or precious metals geochemistry (e.g., Cu, Ag, Au, As, etc.), together with the apparently stable coexistence of molybdenite with the primary mineral assemblage in the host rocks, suggests the presence of an intrusive phase highly-enriched in molybdenum. This supports previous observations which suggest that molybdenum mineralization at the Luxor property occurs within, or is associated with, pegmatitic and aplitic veinlets and dykelets and as medium-grained flakes and rosettes hosted by a high level granitic phase of the Cretaceous Baldy batholith. Kingsman's future plans for testing the western soil geochemical anomaly, which is characterized by common molybdenum values greater than 25 ppm, and which range up to 942 ppm Mo, include prospecting, geologic mapping, and construction of a short spur road from the valley bottom. The road will facilitate thorough evaluation of the anomaly and will allow for drill-testing. At the same time, in-fill soil geochemical and geophysical surveying is being considered in the vicinity of the two main soil geochemical anomalies, which appear to correspond well with northerly trending magnetic lows weak chargeability highs. It should be noted that the northern limit of the western anomaly corresponds with the location of the Luxor "Main Showing," which has been the focus for previous work on the property (see News Releases dated April 28, 2008 and June 17, 2008), and where all four drillholes drilled in the winter of 2007-08 encountered molybdenum mineralization, and where mineralization of appreciable grade and locally significant width was intersected in three of the four holes. Numerous molybdenite showings and occurrences were identified in previous work on widely separated parts of the Luxor property but little systematic exploration work was undertaken across much of it. The Luxor property totals 95 square kilometres, and is located less than 35 km southeast of Newmac Resources Inc.'s Crazy Fox property, where intersections of up to 0.25 % Mo across 72 meters have recently been reported. Charles J. Greig, M.Sc., P.Geo., a qualified person, supervised the fieldwork and the preparation of the technical information in this release. About Kingsman Resources Inc. Kingsman Resources Inc. is an exploration and development company with a focus on gold, silver, molybdenum and copper. Kingsman Resources trades on the TSX Venture Exchange under the symbol "KSM". For further information on Kingsman Resources Inc, visit the corporate website at http://www.kingsmanresources.com, or contact Ted Drummond at (604) 926-4062. On Behalf of the Board of Directors KINGSMAN RESOURCES INC. "Robert McLaughlin" Robert McLaughlin Director Property Acquisition Agreement Jun 19, 2007 Kingsman Resources Inc. Acquires Luxor Moly Property June 19, 2007 - Kingsman Resources Inc. (TSXv: KSM) ("Kingsman") has optioned a 100% working interest in the Luxor Molybdenum property located 28 kilometers northeast of Barriere, British Columbia in the Kamloops Mining Division. The property consists of 7 mineral tenures totaling 2,260 hectares, and is easily accessible by well-maintained logging roads. The Luxor Property contains widespread molybdenum mineralization hosted within a quartz monzonite phase of the Cretaceous Baldy Batholith. Additionally, several creeks on the property are strongly anomalous in molybdenum. The main mineralized trend extends for a minimum of 1.2 km in a northerly direction. In this trend, historical sampling returned values from 1.8% to 5% MoS2. Approximately 1.4 km east of the main trend, a second parallel trend exists. This trend is defined by outcropping quartz monzonite, molybdenum-bearing float boulders, strong stream sediment geochemistry and a significant topographic lineament. The topographic lineament has a surface expression exceeding 5 km. Greg Thomson, P.Geo., a qualified person, supervised the preparation of the technical information in this release, and will be managing the proposed work program. The acquisition is subject to Kingsman receiving regulatory approval for the transaction. About Kingsman Resources Inc. Kingsman Resources Inc. is an exploration and development company with a particular focus on gold, silver, molybdenum and copper. Kingsman Resources trades on the TSX Venture Exchange under the symbol "KSM". For further information on Kingsman Resources Inc, visit the corporate website at http://www.kingsmanresources.com, or contact Ted Drummond at (778) 386-1723. On Behalf of the Board of Directors KINGSMAN RESOURCES INC. "Robert McLaughlin" Robert McLaughlin Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. # Soil Assays # Grab Samples # BioGeoChem Report Soil / Mag / IP Report
Assessment Reports 2007, 2008 pending # Hole # Assays Drilling Thinwall BQ 1980 - 2008 History Synopsis of Luxor (Tony) Molybdenum Property Location, Access: The Luxor molybdenum property is located approximately 27 kilometers northeast of the town of Barriere, BC. Barriere is located on the Yellowhead Highway # 3, approximately 66 kilometres north of the main regional center of Kamloops. The Luxor property is easily accessed by a network of good paved and gravel roads to Harper Creek, which empties into the west end of North Barriere Lake. The Luxor property consists of 7 mineral claims totaling 2260.3 hectares in total area. The mineral claims occupy the steep west-facing slope along the east bank of Harper Creek. A flat plateau area, approximately 1 kilometer wide is found along the east side of the mineral property. Road access is present along the west side of the property along Harper Creek and also along the east side of the plateau area at the upper elevations of the eastern side of the Luxor property. Elevations on the property vary between 850 m (asl) along Harper Creek to approximately 1700 m throughout the plateau area of the property. General Geology: The Luxor property is entirely underlain by quartz monzonites or granodiorites belonging to the Cretaceous age Baldy Batholith. History: The area of the Luxor property has seen sporadic exploration programs carried out throughout the 1960's, 1970, 1971, 1980 and 1981. The majority of this work has consisted of several small-scale geochemical soil sampling programs, sporadic rock sampling, prospecting and geological mapping. A program of 10 diamond drill holes totaling 4,750 feet were drilled in 1966, but no results were ever reported. The drill holes were probably partially focused on a known area of molybdenum mineralization referred to as the 'Main" showing area. The drill holes appear to have been mainly drilled from an access trail down-slope from the "Main" showing area and probably were poorly positioned to properly assess the showing area. In 1980, one vertical hole totaling 305 metres was drilled, approximately 4 kilometers northeast of the 'main' showing, with negligible results. In 1981 a second vertical hole totaling 610.0 metres was drilled at the top of the steep slope, approximately 600 metres east of the 'main showing". This hole showed more extensive alteration with reported MoS2 values of 0.03% reported from 75.3-90.5 (15.2)m and 0.025% from 179.0-194.2 (15.2)m. Discussion: The target for the Luxor property is that of a bulk-tonnage porphyry molybdenum deposit. Although significant values of molybdenum have been obtained within the area of the Luxor property, no clear parameters have been established to speculate on the overall extent or continuity of mineralization on the mineral property. In the past, exploration over the property area has been hampered by steep slopes, which have allowed only limited access or exposure for geological and/or prospecting evaluations. Past work has indicated that the 'main' showing area is approximately 150 metres by 100 metres in extent, but this is likely somewhat hypothetical and will require more detailed study to examine structural controls, rock alteration and strike/width extensions for the known mineralization area. Good molybdenum mineralization in rock float has been reported from as far as 1.5 kilometers south of the 'main' showing area, possibly representing a continuously mineralized zone throughout this distance. Various mineral grades have been reported from past work on the property, but cannot be relied upon, as they are often select grab samples and do not represent mineralization across sizable or measured sample widths. Mineral grades of up to 5.0% Mos2 have been reported by previous operators. The accompanying map shows rock and stream silt sampling carried out by previous claim owner B. Augsten. The highest values of 3,329 ppm Mo and 3,653 ppm Mo were obtained at the 'main' showing area. A sample collected by G. Thomson from this area returned a value of 0.085% Mo across a 1.0 metre outcrop containing molybdenite in strongly fractured pinkish quartz monzonite. A second sample across a 15 centimetre wide molybdenite-bearing fracture filling assayed 0.484% Mo. Recommendations: Due to steep precipitous slopes along the western extent of the mineral property, systematic ground geochemical and geophysical surveys are not recommended. For the present, the mineral property should undergo additional prospecting and geological evaluations, within allowable topographical constraints. It is recommended that the area around the 'main' showing be further evaluated in an attempt to follow out the mineralization in terms of strike extent and structural continuity. To this end, it would be useful to provide a relatively short exploration or trenched access trail from the lower road access upslope to the 'main' molybdenum showing area. This work could be carried out using a small excavator to provide better outcrop exposure in this area of the mineral property and therefore provide a better geological understanding of the 'main' showing area. This new access can also be used to establish more optimally located drill site locations for the 'main' showing area. The upper or plateau are of the property should also be evaluated as anomalous molybdenum results have also been obtained in this area of the property. G. Thomson, P.Geo (July 16, 2007) Luxor Moly Photos
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