Intersected Two Mineralised Veins In Arizona
Kingman Minerals Ltd (TSXV:KGS)has intersected the targeted quartz diorite gneiss rock in its recently completed hole at the historic Rosebud Mine, which is the “country rock” in this region of Mohave County, Arizona.
The hoe then entered a short two foot zone with sulphide stringers before entering a void. The void is presumed to be some of the old mine workings in the Rosebud Mine that were not shown on the historic maps or cross sections.
The drillers were able to continue the core hole on the other side of the void and drilled 37 ft (11.3 m) of the rhyolite dike. The hole then encountered altered rhyolite and diorite for 9 ft (2.7 m) from 315 to 324 ft. This altered zone is believed to be the second (West) vein described in historic reports.
The rock types, structure and alteration patterns seen in hole MH-03 correspond well with those detailed in previous drilling reports and underground maps.
Chairman and Director, Sandy MacDougall, said MH-03 continues to confirm historic descriptions of two vein structures separated by a rhyolite dike.
“The presence of the veins at their projected locations is incredibly encouraging,” Mr MacDougall said.
“To date, using the prior information available, (while historic in nature), together with information from our previous programs, we have been very successful in hitting our targets which favourably suggests that the historic information that we have is accurate. Kingman has a lot to look forward to.”
Samples are being sent to Skyline Assayers & Laboratories of Tucson, Arizona on a rush basis for gold and silver analysis.
Kingman Mineral’s Mohave Project is located in the Music Mountains in Mohave County, Arizona and is comprised of 71 lode claims which are inclusive of the past producing Rosebud Mine.
High grade gold and silver veins were discovered in the area in the 1880’s and were mined mainly in the late 20’s and 30’s.
Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises and crosscuts.