Kingman Commences Drilling Mohave Gold Project Phase Il Program

September 23, 2021

Vancouver, B.C. (September 23, 2021) Kingman Minerals Ltd. (“Kingman” or the “Company”) (TSX.V: KGS, FSE: 47A1, OTCQB: KGSSF) is pleased to announce that Godbe Drilling of Kingman Arizona has commenced drilling the Phase II drill program on the Mohave Gold Project in Arizona, USA. The program is permitted for up to 24 holes in total, ranging in depths from approximately 207ft (63 m) to 2000 ft (610 m). The twenty-four prospecting core holes are proposed to various directional depths within a southeast to northwest trend focused on historic exploration data effectively exploring two federal lode claims for metallic resources. The proposed exploration project coupled with existing data from historic exploration would facilitate development of a 3D image of the geologic structure and stratigraphy underlying the project area and estimates of reserve quantity and quality.

Rosebud Phase 2 Drilling Program Summary

           
 

Horizontal

       
 

Distance

   

Hole

Hole

 

From Vein

Azimuth

Angle

Length

Length

Hole ID

(m)

(deg)

(deg)

(m)

(ft)

P2-01

31.6

53

-90

610

2000

P2-02

31.6

53

-75

122

400

P2-03

31.6

53

-60

63

207

P2-04

31.6

53

-75

122

400

P2-05

31.6

53

-60

63

207

P2-06

31.6

53

-75

122

400

P2-07

31.6

53

-60

63

207

P2-08

31.6

53

-75

122

400

P2-09

31.6

53

-60

63

207

P2-10

31.6

53

-75

122

400

P2-11

31.6

233

-45

45

147

P2-12

31.6

233

-60

63

207

P2-13

46.0

233

-45

65

213

P2-14

46.0

233

-60

92

302

P2-15

46.0

233

-45

65

213

P2-16

46.0

233

-60

92

302

P2-17

52.2

233

-45

74

242

P2-18

52.2

233

-60

104

343

P2-19

56.2

233

-90

610

2000

P2-20

56.2

233

-60

112

369

P2-21

56.2

233

-45

79

261

P2-22

56.2

233

-60

112

369

P2-23

51.0

233

-90

610

2000

P2-24

51.0

218

-60

102

335

Total

     

3698

12133

Average

     

156

513

Table 1 – Overview of the Phase II Drill Program. Permits are approved for all 24 holes.

The program will commence with an initial two holes (P2-23& 24 as shown below); an angle hole to test for the veins southeast of the Rosebud workings and one 2000-foot-deep hole to test for possible porphyry copper/moly type mineralization.  These holes are to be drilled from one site just below the old Rosebud mine dump.

Figure 1 Map of the Phase II drill program on the Mohave Gold Project; commencing with P2-23&24 southeast of the Rosebud workings and the highly successful initial Phase I drill program.

“Due to the successful outcome of the Phase I Drill Program and validation of past historical data, we are moving forward with this second phase of drilling. This program has been carefully crafted to explore the possibility of much larger systems at play. While we are moving forward conservatively based on the results of each zone of exploration, we are extremely pleased with the work to date and enormous potential of the area,” stated Peter Born, P.Geo, President and CEO.

About Kingman

Kingman Minerals Ltd. 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 (the “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 (the “Rosebud”). 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.

For further information please contact:

Arthur Brown, Chairman and Director
(778) 319-2261
www.kingmanminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the completion transactions completed in the Agreement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Kingman believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Kingman disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.