Kingsmen Resources announced in August that it drilled 1.40 metres of 433 g/t AgEq (239 g/t Ag) at its Las Coloradas project, expanding a high-grade silver zone open at depth and along strike. President and CEO Scott Emerson spoke to Mining Stock Daily about the company's $15 million cash position, its 34 million shares outstanding, and plans to bring a second drill rig online within the next two to two and a half months. Emerson also outlined upcoming catalysts including continued assay results every three to four weeks and the start of drilling at the company's second flagship project, Amoloya, expected in November or December.
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