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| | July 16, 2010
Luxor Moly Trail Construction Nearing Completion
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| | July 16, 2010 - Kingsman Resources Inc. is nearing completion of their drill access trail on their Luxor Project located in southern British Columbia near Barriere. The trail is designed to allow drill testing of a significant molybdenum in soil anomaly discovered in 2008.
During trail construction, some outcrop was exposed within the main soil geochemistry anomaly. Rocks here are altered granites with weak to moderate sericite accompanied by minor disseminated pyrite, some disseminated molybdenite and traces of chalcopyrite. Limonite, sericite and clay are developed along fractures and joints in the granite. Most importantly, northerly trending quartz veinlets containing coarse grained molybdenite and pyrite are also seen. The discovery of these quartz veins in addition to disseminated molybdenite in the altered granite validates the exploration premise of trail construction through the geochemistry anomaly and provides geologic guidance for the upcoming drill program.
Trail construction is nearing completion. Drilling is expected to commence shortly thereafter.
Bernhardt Augsten, P.Geo., a qualified person, has reviewed the technical information in this news release.
About Kingsman Resources Inc.
Kingsman Resources Inc., is an exploration and development company with a particular focus on gold, silver, molybdenum and copper. Kingsman 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
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." |
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| | You can view the Next News Releases item: Mon Aug 9, 2010, Luxor Molybdenum Property Update, Site Visit and Option Grant
You can view the Previous News Releases item: Fri May 14, 2010, Drilling to commence on Luxor Moly Property
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