Mr. Robert Dzisiak reports

KING GLOBAL IDENTIFIES HIGH-GRADE VMS MINERALIZATION AND MULTIPLE AND UNTESTED GRAVITY ANOMALIES AT THE HOWARD COPPER PROJECT

King Global Ventures Inc. has released the results of its phase I diamond drilling program and a subsequent gravity geophysical survey at its Howard copper project in central Arizona. The combined data sets confirm the presence of two distinct volcanogenic massive sulphide (VMS) horizons and reveal three untested gravity anomalies in unexplored stratigraphy to the south of historic mine workings.

Phase I drill program highlights

A total of 20 holes totalling 8,000 feet were completed to test copper-bearing structures and geophysical anomalies. The drill program successfully intersected:

• A copper-only remobilized zone, interpreted as a structurally focused remobilization of distal VMS mineralization;
• A copper-gold-zinc-silver mineralized horizon, indicative of a synvolcanic VMS system within the Spud Mountain formation.

The best intercepts occurred in the southernmost drill holes, beyond the limits of the historic Howard mine, highlighting the potential for previously unrecognized mineralized horizons at depth and along strike.

Drill highlights

Gravity survey results: three untested targets south of current drilling

Following the successful phase I drill program, ALS Geoanalytics completed a gravity inversion analysis of the gravity data over the Howard copper project area. The survey identified three discrete gravity anomalies trending north-northwest-south-southeast and aligned with the regional stratigraphy. These anomalies lie south of both the historic Howard mine and the southernmost drill holes (for example, HC-25-015 and HC-25-020), in previously untested terrain:

• The three anomalies occupy two separate stratigraphic positions.
• Their combined estimated volume is approximately nine million cubic metres.
• These anomalies are interpreted as potential stacked VMS lenses preserved in favourable volcanic-sedimentary sequences.

Geological interpretation

The combined results of the phase I drill program and subsequent gravity survey confirm the presence of stacked laterally continuous sulphide-bearing horizons consistent with a VMS system. The association of high-grade copper and zinc mineralization, well-developed zoned hydrothermal alteration, and favourable geochemical vectors collectively support the interpretation of an evolving VMS system with significant potential for expansion. Importantly, mineralization remains open along strike and at depth and the areas corresponding to the gravity anomalies identified south of the current drilling remain untested and represent compelling targets for follow-up exploration.

Rob Dzisiak, chief executive officer of King Global Ventures, commented: "These results are an important validation of our targeting model. The fact that the strongest mineralization lies south of the historic mine and that we now have compelling gravity anomalies even further along trend gives us a clear direction for follow-up drilling. Our focus will be on systematically expanding this zone southward. As well, our previously announced 10,000-foot drill program at the Silver Cord project is well under way, but assays are still pending."

About the Howard copper project

The Howard copper project is located approximately 70 kilometres north of Phoenix, Ariz. The property is underlain by Proterozoic volcanic-sedimentary rocks, including rhyolite tuff, andesite and dacite, intruded by synvolcanic domes. Mineralization occurs as stacked sulphide-bearing horizons, consistent with VMS systems.

All reported results have been verified by ALS Global, an accredited laboratory. Quality control protocols included blank, duplicate and certified reference standards.

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 3,780 acres, including 15 former-operating mines including the past-producing Howard copper mine, and is situated 100 kilometres (62 miles) north of Phoenix, Ariz. The Black Canyon project 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 kilometres (eight miles) northwest of Arizona Metals.

The Howard copper mine property is located on 78 acres of patented land approximately 100 kilometres (64 miles) north of Phoenix, Ariz. 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 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 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 gram per tonne gold. This estimate (announced in Dec. 12, 2016, press release) is historical in nature, was not prepared for King Global Ventures 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.

The technical contents of this news release were approved by Andrew Lee Smith, BSc, PGeo, ICDD, a qualified person as defined by NI 43-101.

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