Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, is positioned for opportunity in an uncertain time characterized by record unemployment, stock market volatility and trillion-dollar stimulus packages. As the economic landscape goes south, Kingman focuses on promising sites up north as investors look to precious metals as a defensive measure against inflation, currency devaluation and the falling value of less-tangible assets. The company’s focus was highlighted in a recent article, which reads, “KGS is leveraging this challenging economic situation by increasing gold production on historic gold mining sites using new technologies that extract the remaining wealth safely and cost efficiently. With a focus on sourcing and developing high-quality properties in historically favorable mining jurisdictions, KGS recently entered into option agreements to purchase 100% interest in two key portfolio properties: the Mohave Project and the Cadillac East Property.”
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About Kingman Minerals Ltd.
Kingman Minerals is currently engaged in the business of precious-metal mineral exploration for the purpose of acquiring and advancing non grass-roots mineral properties located in mining friendly jurisdictions of North America. The Mohave Project is located in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims that are inclusive of the past-producing Rosebud Mine. High-grade gold and silver veins were discovered in the area in the 1880s and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises and crosscuts. For more information, visit the company’s website at www.KingmanMinerals.com.
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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