Toronto, Ontario – September 9, 2024 – King Global Ventures Inc. (CSE: KING) (OTC: KGLDF) (FSE: 5LM1) (the “Company”) begins mobilization for initial work program at past producing Howard Copper Mine.
The Howard Copper Mine, situated in Yavapai County, Arizona, has a history of exploration and production, beginning in the late 19th century. Initially discovered in the 1890s, early mining efforts were characterized by small-scale extraction of high-grade copper ores. The mine underwent substantial expansion from the 1920s through the 1940s, as industrialized mining techniques boosted production to approximately 100,000 tons of copper ore. Historical production records from the 1920s to the 1940s indicate that the mine produced approximately 100,000 tons of copper ore, with average copper grades of around 3% to 5%. Following World War II, the mine faced a decline due to the depletion of high-grade ores, resulting in sporadic operations that persisted into the 1970s. Detailed documentation of the mine’s production history and geological characteristics are scarce.
In the coming weeks, King Global plans to undertake comprehensive technical and engineering surveys, in an effort to establish a baseline understanding of the mine geology and historic underground workings. This work is intended to create a foundation for an initial exploration program to evaluate the potential for additional volcanogenic massive sulfide (VMS) mineralization along strike and at depth at the Howard Copper Mine.
Robert Dzisiak, CEO of King Global Ventures stated, “The addition of the historical producing, but under explored Howard mine (VMS deposit) adds a highly prospective target to King’s land package. The Howard Mine comprises 80 acres of patented land and is contiguous to King’s 2,437 acres of land holdings in Yavapai County, Arizona. We look forward to evaluating the exploration potential of this highly prospective, past producing copper mine.”
The scientific and technical information contained in this press release has been reviewed and approved by Andrew Lee Smith, P.Geo., a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”). Mr. Smith is a registered Professional Geoscientist with extensive experience in mineral exploration and project development. He acts as a consultant to King Global Ventures Inc. and has sufficient experience relevant to the styles of mineralization and types of deposits under consideration to qualify as a Qualified Person for the purposes of this disclosure.
DISCLAIMER: The historical production data referenced herein for the Howard Copper Mine, located in Yavapai County, Arizona, pertains to records from the 1920s and 1940s. This data is derived from historical documents, reports, and records that predate the implementation of National Instrument 43-101 (“NI 43-101”) standards for disclosure.
It is important to note that these historical records have not been verified or validated by a Qualified Person as defined by NI 43-101. The information is provided for historical context only and should not be relied upon for current resource or reserve estimations, economic assessments, or other technical evaluations. There is no assurance that any of the historical production records are accurate, complete, or reflective of the current potential of the property.
Any reference to historical production does not imply that similar results will be achieved in the future. The reader is cautioned that reliance on such information is at their own risk, and further exploration and verification are required to conform to current industry standards and NI 43-101 requirements.
About King Global Ventures:
Silver Cord Property in Arizona
King Global Ventures is focused on the exploration of precious metals in North America. The Silver Cord Project in Yavapai County Arizona is comprised of 133 concessions covering a total area of 2,437 ac. (986 ha). And is situated 64 miles north of Phoenix Arizona. The Silver Cord 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 12 miles N.W. of Arizona Metals and 60 miles south of the historic Jerome Copper mine.
York Property in Quebec
The York Property is comprised of 77 claims exceeding 40 sq. km. The Property is on trend between Azimut’s Elmer Property and the Eleonor Gold Mine. The Eleonor Mine is hosted by rocks similar to the clastic sediments known to host the Ukaw gold showings.
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.
Additional information about King Ventures can be viewed at the Company’s website at www.kingcse.com or at www.sedarplus.ca.
On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
+1-204-955-4803
ir@kingcse.com
www.kingcse.com
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.