Kingman Minerals (TSX.V: KGS), a Canada-listed gold miner with extensive claims in key mining jurisdictions spanning North America, intends to increase gold production in anticipation of rising prices. Despite recent drops, the value of gold continues to endure and set record highs as investors shift capital to “safe haven” assets like precious metals. A recent article discussing this reads, “KGS anticipated the rising trend of gold prices long before they reached this critical point, sourcing historic mining sites throughout North America as part of its production strategy aimed at extracting the remaining gold left behind by previous generations through the use of modern technology. Two notable properties of interest include the Cadillac East Property in Quebec, Canada and the Mohave Project located in Arizona – both offering potential for the profitable production of gold, positioning KGS favorably to investors looking for stable assets that can withstand short-term price volatility.”
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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 nongrassroots 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 includes 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://ibn.fm/KGS
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