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King Global Ventures Inc (3)
Symbol KING
Shares Issued 42,273,149
Close 2026-02-03 C$ 0.55
Market Cap C$ 23,250,232
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King Global begins phase 2 drilling at Silver Cord

2026-02-03 18:14 ET - News Release

Mr. Robert Dzisiak reports

KING GLOBAL MOBILIZES FOR PHASE 2 DRILL PROGRAM ON SILVER CORD PROPERTY

King Global Ventures Inc. has commenced drilling on a phase 2 diamond drilling program at its Silver Cord project located 68 miles north of Phoenix, Ariz. The phase 2 program will consist of six holes from two drill pads for up to 6,000 feet of diamond drilling. Boart Longyear has been contracted to complete the program.

The phase 2 drill program at the Silver Cord project will expand on the phase 1 program at the Silver Cord project (press release dated Dec. 2, 2025). The phase 1 program intersected multiple polymetallic intervals and confirmed the presence of a polyphase silver-lead-zinc-antimony vein system hosted with the Spud Mountain stratigraphy. The program also provided important insight into the nature of the induced polarization anomaly beneath Silver Cord.

The highlight intercept from phase 1 included nine feet (2.7 metres) at 21.8 ounces (619 grams) per tonne silver, 1.0 g/t gold, 0.6 per cent lead, 1.05 per cent zinc and 375 g/t antimony.

Chief executive officer quote

Robert Dzisiak, CEO of King Global Ventures, stated: "We are very excited about our phase 2 drill program on the Silver Cord property and the success of the initial drilling. Our full drilling review indicates that there are two different polymetallic intervals that warrant further drilling to extend strike length and prove continuity of grade."

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, 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 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 (artificial intelligence/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, is composed 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 kilometres (62 miles) north of Phoenix, Ariz., and represents an early-stage exploration opportunity targeting copper-gold-silver-zinc volcanogenic massive sulphide 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 (eight miles) northwest of Arizona Metals Corp.

The Howard copper mine property is located on 78 acres of patented land and was 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.

A National Instrument 43-101 technical report prepared for Galena International Resources Ltd. by Caracle Creek International Consulting Inc., dated Dec. 8, 2016, disclosed a historical inferred mineral resource of 1.81 million tonnes grading 2.34 grams per tonne gold, containing 136,000 ounces of gold at a cut-off grade of 1.00 g/t Au. This estimate (announced by Galena in a Dec. 12, 2016, press release) is historical in nature, was not prepared for King Global 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.

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