Mr. Robert Dzisiak reports
KING GLOBAL DRILLING CONFIRMS VMS-STYLE HYDROTHERMAL FEEDER SYSTEM AT IRON HORSE
Initial drilling (IH-26-01 and IH-26-02) on King Global Ventures Inc.'s maiden, 14,000-foot diamond drilling program on its Iron Horse VMS (volcanogenic massive sulphide) 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 favourable 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, favourable 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 continuing drill program. These interpretations are preliminary and are based on continuing geological logging, portable XRF geochemistry and integration of geophysical data sets. 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, chief executive officer 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 (National Instrument 43-101)
The scientific and technical information contained in this news release has been reviewed and approved by Andrew Lee Smith, PGeo, ICDD, 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 (quality assurance/quality control) 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 multielement ICP-MS, ICP-AES and appropriate overlimit 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 Inc.
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, comprises 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 kilometres (62 miles) north of Phoenix, Ariz., 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 kilometres (eight miles) northwest of Arizona Metals Corp. (TSX: AMC).
The Howard copper mine property is located on 78 acres of patented land. Discovered in the early 1920s, 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.
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