Kingman Minerals (TSX.V: KGS) Secures Key Asset Within Canada’s Most Prolific Gold Mining Zone

August 21, 2020 10:08:05
  • Kingman Minerals’ assets include both the Mohave Project as well as Quebec, Canada-based Cadillac East Property
  • Cadillac East Property is situated within Abitibi Greenstone Belt, Canada’s most prolific gold mining zone and home to region’s largest open-pit gold mine, Canadian Malartic Mine
  • In 2014, junior mining company that discovered Canadian Malartic Mine in 2011 went on to sell its interests in asset for gross consideration of $3.9 billion
  • Though Kingman Minerals’ near-term potential lays firmly within confines of the Arizona-based Mohave Project, its interest within the Cadillac East project should not be disregarded

Kingman Minerals (TSX.V: KGS), a Canada-listed gold miner with extensive claims in key mining jurisdictions spanning the North American continent, has featured prominently in recent weeks due to its extensive mining interests within the Music Mountains in Mohave County, Arizona – a territory encompassing 72 lode claims and spanning nearly 1,500 acres. However, Kingman Minerals has recently sought to expand its geological footprint across the North American continent, acquiring the mining interests within the Cadillac East property, a stretch of land totaling 691.07 hectares and encircling 12 claims within its boundaries (http://nnw.fm/IgM8P).

The Cadillac East Property is situated approximately 55 kilometers east of the city of Val d’Or in the Province of Quebec and 500 kilometers north-west of the city of Montreal. Located within the Abitibi Greenstone Belt, the Cadillac East property is positioned within one of Canada’s most prolific mining zones which has seen exploration activity take place dating back to the 1940’s. Today, the Abitibi Greenstone Belt and the Val d’Or region play host to the…

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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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