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News Releases| | May 18, 2011
International Basin Property amended helicopter drill permit requested from MEMPR for 2011 summer program.
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| | May 18, 2011 - Kingsman Resources Inc. (TSXv: KSM) ("Kingsman") has requested an amendment to their 2008 exploration permit from Cranbrook MEMPR, to helicopter drill on its International Basin Project, located 35 kilometers south of Golden, British Columbia.
Kingsman Resources Inc. is planning a 1000 metre diamond drill program on the International Basin Project for the summer of 2011.
An extensive sampling program in the fall of 2008 yielded very high gold and silver values in rock from grab or character samples, including up to 2 oz/ton gold and 63.9 oz/ton silver. Samples were collected from decimeter- to meter-scale quartz/Fe-carbonate and quartz veins partially exposed in several old exploration pits and elsewhere, (See NR October 23, 2008)
Most well-mineralized veins occur within a northwest-trending structural corridor which stretches at least 3.5 km, from south of Bobbie Burns Creek to Bennison Creek. It is marked by variably and locally intensely altered (quartz, sericite, Fe-carbonate, and pyrite) clastic sedimentary rocks and coincides with the axis of an anticlinal fold system.
The current planned drill program is designed to test the lateral and downdip continuity of some of the better mineralized veins and vein systems.
Bernhardt Augsten, 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, copper, tellurium and molybdenum. 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
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the contents of this news release. |
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