King Global Ventures Inc. (CSE: KING) (OTCQB: KGLDF) (FSE: 5LM1) continues to advance its exploration activities at the Black Canyon/Silver Cord project near Cleator, Arizona, as the U.S. federal government escalates its focus on rebuilding domestic mining workforce capacity and securing critical mineral supply chains. The company is currently executing a 14,000-foot diamond drill program at the Iron Horse target, designed to test priority geophysical anomalies for potential VMS-style sulphide mineralization within the Lower Spud Mountain Formation.
Recent drilling, geological mapping, and XRF analysis have identified prospective volcanic stratigraphy, hydrothermal alteration, feeder-style geochemical responses, and multiple marker horizons. The company is utilizing wedge drilling from hole IH-26-03 to further evaluate the target at depth. This work follows the December 2025 drilling at the Silver Cord area, which intersected high-grade polymetallic veins containing silver, gold, lead, zinc, and antimony. Notable intercepts include 9 feet grading 619.6 g/t silver, 1.0 g/t gold, 0.6% lead, 1.05% zinc, and 375 g/t antimony.
The exploration program is set against a backdrop of heightened federal support for the mining sector. On August 7, 2026, the White House announced $100 million in funding for 14 U.S. mining schools, part of more than $2 billion in new mining and mining-related investments and over $180 million in mining school and workforce funding. This policy environment could provide a tailwind for domestic exploration companies targeting strategic minerals such as antimony, which is critical for defense and technology applications.
The Black Canyon Project comprises 213 contiguous claims covering 4,000 acres, encompassing 15 former operating mines, including the past-producing Howard Copper Mine. Located 100 kilometers north of Phoenix, the project represents an early-stage exploration opportunity targeting copper-gold-silver-zinc VMS mineralization. The region is geologically significant, with a history of base and precious metal mining, including operations at Bagdad, Jerome, and Cleopatra. The property is on trend and approximately 13 kilometers northwest of Arizona Metals Corp. (T: AMC).
King Global Ventures is also advancing the Mikwam Gold Property in northeastern Ontario, situated 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, containing disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins and pyrite.
For more information about King Global Ventures, visit www.kingglobal.gold. To view the full press release, visit https://ibn.fm/ftF4h.
