King Drilling Confirms VMS-Style Hydrothermal Feeder System at Iron Horse
June 16, 2026
KING GLOBAL DRILLING CONFIRMS VMS-STYLE HYDROTHERMAL
FEEDER SYSTEM AT IRON HORSE
Vancouver, British Columbia June 16, 2026 – King Global Ventures Inc. (CSE:KING) (OTCQB:
KGLDF) (FSE: 5LM1) (the “Company” or “King Global”) announces that initial drilling (IH-26-01
and IH-26-02) on its maiden, 14,000 foot diamond drilling program on its Iron Horse VMS
project confirms a VMS-style hydrothermal feeder system. Both geology and geophysics align
on the initial priority targets.
Based on geological, structural and lithogeochemical observations, the Company interprets the
alteration corridor as a hydrothermal feeder conduit developed within the volcanic succession
rather than a stratiform sulphide horizon. Correlation between drill holes IH-26-01 and IH-26-
02 demonstrates continuity of the hydrothermal system and suggests local thickening and
increased structural complexity within the corridor in hole IH-26-02.
Importantly, the interpreted feeder corridor occurs within a zone characterized by coincident
magnetic, electromagnetic and gravity anomalies. The magnetic response is interpreted to
reflect the presence of iron formation horizons within the Spud Mountain Formation, while the
electromagnetic response is consistent with conductive sulphide-bearing and altered
stratigraphy. The gravity anomaly is interpreted to reflect increased density associated with
iron-rich exhalative units, sulphide-bearing horizons and hydrothermal alteration within the
volcanic succession.
The spatial coincidence of the hydrothermal alteration corridor with these independent
geophysical responses is considered significant by the Company's technical team. Drilling
has confirmed that the targeted geophysical anomalies occur within favorable Spud Mountain
Formation stratigraphy and are associated with hydrothermal alteration, sulphide
development, structural preparation and lithogeochemical signatures consistent with a VMS
hydrothermal system. Although drilling has not intersected massive sulphide mineralization to
date, the Company believes the combination of feeder-style alteration, persistent copper
enrichment, strong hydrothermal overprinting, favorable volcanic stratigraphy and the
coincidence of magnetic, electromagnetic and gravity anomalies is indicative of a fertile VMS
environment.
The geological, structural, lithogeochemical and geophysical relationships observed in drilling
are interpreted to be consistent with a hydrothermal upflow zone developed beneath a
prospective volcanogenic massive sulphide depositional horizon, which remains a primary
exploration target of the ongoing drill program. These interpretations are preliminary and are
based on ongoing geological logging, portable XRF geochemistry and integration of geophysical
datasets. The Company cautions that hydrothermal alteration, geophysical anomalies, copper
enrichment and geological similarities to known VMS systems do not necessarily indicate the
presence of economic mineralization, and no mineral resources have been delineated on the
property.
Robert Dzisiak, CEO of King Global Ventures stated “King is very pleased with the preliminary
data from the Iron Horse drill program and the interpretation that it hosts a VMS style
mineralized system. The system is quite large and we look forward to getting the assay results
from the drill program as they become available.”
QUALIFIED PERSON STATEMENT (NI 43-101)
The scientific and technical information contained in this news release has been reviewed and
approved by Andrew Lee Smith, P.Geo., ICD.D, who is a “Qualified Person” as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Smith is an
independent consultant to King Global Ventures and is independent of the Company for the
purposes of NI 43-101.
In verifying the scientific and technical information contained in this release, the Qualified
Person, conducted a comprehensive review of all available analytical data, geological logs, drill
core photographs, and supporting documentation generated during the 2025 Silver Cord drill
program. This verification work included confirmation of the sampling procedures used in the
field, an assessment of chain-of-custody protocols, and evaluation of the security measures
implemented to ensure sample integrity from the drill site to the laboratory.
As part of his review, the Qualified Person examined King Global’s QA/QC program, including
the insertion of certified reference standards, blanks, and duplicate samples into the analytical
stream. He also verified that no material QA/QC issues were identified that would affect the
reliability of the assay results. In addition, the Qualified Person reviewed original assay
certificates issued by ALS Geochemistry, an independent laboratory accredited to ISO/IEC
17025:2017 standards and confirmed that the analytical methods applied—including multi-
element ICP-MS, ICP-AES, and appropriate over-limit reanalysis—are suitable for the style of
mineralization encountered at Silver Cord.
The Qualified Person further confirmed that the geological interpretations presented in this
release—including references to structural controls, alteration patterns (AI/CCPI), metal
zonation, and evidence for multiple phases of hydrothermal mineralization—are consistent
with the observed drill core, surface mapping, geochemical signatures, and assay data. These
interpretations are presented as conceptual geological models based on current drilling and
are supported by the data available at this stage of exploration
About King Global 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 4,000 acres encompassing 15 former operating mines
including the past producing Howard Copper Mine. The Black Canyon Project is situated 100
km (62 miles) north of Phoenix Arizona and 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 Corp. (T:AMC).
The Howard Copper Mine Property is located on 78 acres of patented land. 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.
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
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.