King Announces Mobilization for Drilling at Silver Cord Property
June 18, 2025
KING GLOBAL MOBILIZES FOR COMMENCEMENT OF 3,000
METRE PHASE 1 DRILL PROGRAM AT SILVER CORD PROPERTY
NOT FOR DISTRIBUTION IN THE U.S. OR DISSEMINATION THROUGH U.S. NEWSWIRE SERVICES
Toronto, Ontario June 18, 2025 – King Global Ventures Inc. (CSE:KING) (OTC: KGLDF) (FSE:
5LM1) (the “Company” or “King Global”) is pleased to announce that it has commenced
mobilization for a Phase 1 diamond drilling program at its Silver Cord Project located 110 km
north of Phoenix AZ. The Phase 1, drill program will consist of 6 holes from 3 drill pads for up
to 3,000 metre of diamond drilling. Board Longyear has been contracted to complete the
drilling program which is expected to take 70 days to complete.
The Phase I drill program at the Silver Cord Project will target anomalies identified through
recent geophysical surveys and soil sampling. The program aims to test the potential for both
Volcanogenic Massive Sulphide (VMS) and intrusive-related mineralization, supported by
geological indicators and historical mining data. Geophysical results, including magnetic and IP
surveys, have detected magnetic responses from iron formations, with coincident elevated
base metal values in soil samples, indicating the potential for VMS mineralization. Additionally,
the 2024 IP survey identified chargeability and resistivity anomalies at depth, consistent with
intrusive-related copper-gold mineralization below the historic Silver Cord Mine, where
previous mining operations extracted polymetallic veins containing silver, copper, gold, and
lead.
Robert Dzisiak, CEO of King stated “King is quite pleased to initiate the next phase of exploration
at the Silver Cord Property. The significant anomalies indicated by previous exploration activity
provide several very high value targets that we will drill at depth to determine the extent of
potential mineralization.
Qualified Person Disclaimer
The scientific and technical information contained in this news release has been reviewed and
approved by Andrew Lee Smith, B.Sc., P.Geo., ICD.D, a Qualified Person as defined by National
Instrument 43-101. Mr. Smith is a registered professional geoscientist in good standing and is
independent of the vendor.
About King Gloal Ventures:
Black Canyon Property in Arizona
King Global Ventures is focused on the exploration of precious and base metals in North
America. The Black Canyon Project in Yavapai County Arizona is comprised of 213 contiguous
concessions covering a total area of 3,780 ac, including 15 former operating mines including
the past producing Howard Copper Mine. And is situated 100 km (62 miles) north of Phoenix
Arizona. The Black Canyon Project represents an early-stage exploration opportunity
targeting copper-gold-silver-zinc, Volcanogenic Massive Sulphide (“VMS”) mineralization.
The geology of Yavapai County, Arizona is notable due to the presence of a variety of base
and precious metal deposit types. The region has a significant history of exploration,
discovery and mining operations, including base metals from mining operations like Bagdad,
Jerome and Cleopatra. The property is on trend and is approximately 13 km (8 miles) N.W. of
Arizona Metals .
The Howard Copper Mine Property is located on 78 acres of patented land approximately 100
km (64 miles) north of Phoenix AZ. Discovered in the early 1920’s, small scale production and
development focused on high-grade copper. Historical reports state that the main shaft was
sunk to the 900-foot level, but that no ore was mined below the 500-foot level.
The Mikwam Property
The Mikwam Gold Property is located in Noseworthy Township within the Abitibi Greenstone
Belt of the Superior Province, northeastern Ontario. It lies along the Casa Berardi Deformation
Zone that hosts Detour Gold’s Burntbush Property. The Mikwam deposit is hosted within
Timiskaming-aged polymictic conglomerate and greywacke units and contains disseminated
and vein-hosted gold mineralization associated with quartz-carbonate veins and pyrite
mineralization.
In 2016, a NI 43-101 technical report prepared for Galena International Resources Ltd. by
Caracle Creek International Consulting Inc., dated December 8, 2016, disclosed a historical
inferred mineral resource of 1,810,000 tonnes grading 2.34 g/t gold, containing 136,000
ounces of gold at a cut-off grade of 1.00 g/t Au. This estimate (announced in December 12,
2016 press release) is historical in nature, was not prepared for King Global Ventures Inc., and
should not be considered current. A Qualified Person has not done sufficient work to classify
the historical estimate as current mineral resources and the issuer is not treating the historical
estimate as current mineral resources.
Additional information about King Global Ventures can be viewed at the Company's website
at www.kingglobal.gold or at www.sedarplus.ca.
On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
204-955-4803
The technical contents of this news release were approved by Andrew Lee Smith, Bsc., P.Geo,
ICD.D, a qualified person as defined by National Instrument 43-101.
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Statement Regarding Forward-Looking Information
Certain information in this news release may contain forward-looking statements that involve
substantial known and unknown risks and uncertainties. These forward-looking statements
are subject to numerous risks and uncertainties, certain of which are beyond the control of
the Company, including but not limited to, the uncertainty of the financing, the impact of
general economic conditions, industry conditions, dependence upon regulatory approvals.
Readers are cautioned that the assumptions used in preparing such information, although
considered reasonable at the time of preparation, may prove imprecise and undue reliance
should not be placed on forward-looking statements. Forward-looking statements in this
press release are expressly qualified by this cautionary statement.
The forward-looking statements in this press release are made as of the date of this press
release, and the Company undertakes no obligations to update publicly or to revise any of
the included forward-looking statements, whether because of new information, future
events or otherwise, except as expressly required by applicable securities law.