MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Enters Acquisition Agreement to Increase Gold, Silver Assets
Kingman Minerals (TSX.V: KGS) a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, recently entered into an option agreement to acquire 100% interest in 52 lode claims covering an area of 1,071.2 acres in Arizona’s Mohave County. An article discussing the company further reads, “The option agreement, which will be valid for a period of four years, was obtained in exchange for a consideration of $150 thousand in cash, the issuance of 2.5 million new common shares and a commitment by the company to invest at least $1 million in exploration…
