King Global Ventures Inc. has initiated a Phase 2 diamond drilling program at its Silver Cord Project located 68 miles north of Phoenix, Arizona. The program will consist of six holes from two drill pads for up to 6,000 feet of drilling, with Boart Longyear contracted to complete the work. This expansion follows a successful Phase 1 program that intersected multiple polymetallic intervals and confirmed the presence of a polyphase silver-lead-zinc-antimony vein system within the Spud Mountain stratigraphy.
The importance of this drilling program lies in its potential to define a significant mineral resource in a region with established mining history. The Phase 1 program yielded a highlight intercept of 9 feet at 21.8 ounces per tonne silver, 1.0 g/t gold, 0.6% lead, 1.05% zinc, and 375 g/t antimony. These results indicate the presence of high-grade mineralization that warrants further investigation. The program also provided important insight into the nature of the induced polarization anomaly beneath Silver Cord, suggesting potential for additional discoveries.
Robert Dzisiak, CEO of King Global Ventures, stated that the full drilling review indicates two different polymetallic intervals that warrant further drilling to extend strike length and prove continuity of grade. The company's systematic approach to exploration, including comprehensive quality assurance and quality control measures, adds credibility to the findings. The scientific and technical information has been reviewed and approved by qualified person Andrew Lee Smith, P.Geo., ICD.D, who confirmed the reliability of assay results from independent laboratory ALS Geochemistry, accredited to ISO/IEC 17025:2017 standards.
For investors and the mining industry, this development represents a critical step in resource definition that could lead to economic assessment and potential development. The Silver Cord Project is part of King Global's broader exploration portfolio that includes the Black Canyon Project in Yavapai County, Arizona, comprising 213 contiguous concessions covering 4,000 acres with 15 former operating mines. The region has a significant history of exploration and mining operations, including base metals from operations like Bagdad, Jerome, and Cleopatra.
The geological significance extends beyond immediate financial implications. Confirmation of the polymetallic vein system contributes to understanding of regional mineralization patterns in Yavapai County, which hosts various base and precious metal deposit types. Successful exploration could stimulate additional investment in the region and contribute to domestic mineral supply chains. Additional information about King Global Ventures can be viewed at the Company's website at www.kingglobal.gold or at www.sedarplus.ca.
This drilling program matters because it represents the progression from discovery to definition in mineral exploration, a crucial phase that determines whether a project has economic potential. The presence of multiple metals including silver, gold, lead, zinc, and antimony creates potential for diversified revenue streams if the project advances to production. For local communities and the state of Arizona, successful exploration could lead to job creation and economic development in a region with established mining infrastructure and expertise.
