King Announces Mobilization for Maiden Drill Program at its Iron Horse Property

(TheNewswire)

Vancouver, British Columbia –TheNewswire - April 20, 2026 – King Global VenturesInc. (CSE:KING) (OTCQB: KGLDF) (FSE: 5LM1) (the “Company” or“King Global”) is pleased to announce thatit has mobilized for a maiden, 7 hole, 14,230 ft. diamond drillingprogram at its Iron Horse (VMS) property located in the Black Canyondistrict of Yavapai County, Arizona.  King has contracted Drilcorfrom Coeur d’Alene Idaho to complete the program.

The Iron Horse drill program will target high-priority,first-pass exploration targets within a geological environmentconsidered prospective for volcanogenic massive sulphide (“VMS”)mineralization in a well-established Proterozoic metallogenic belt inYavapai County, Arizona. This region hosts numerous past-producing andhistorically significant VMS deposits associated with bimodal volcanicsequences and iron formations and is widely recognized for itspotential to host copper-zinc and precious metal sulphide systems. TheIron Horse target exhibits geological and geophysical characteristicsinterpreted to be consistent with known VMS environments.

Targets at Iron Horse have been identified through acombination of geological mapping and modern geophysical surveys.These surveys have outlined areas where magnetic, electromagnetic(EM), and gravity anomalies occur together. This coincidence mayindicate the presence of dense, conductive sulphide mineralization andthe potential for copper-gold VMS systems. The anomalies areinterpreted to be located within, or adjacent to, sulphide-bearingiron formations and associated volcanic rocks, which are consideredfavourable host environments for VMS mineralization.

The planned drill program will comprise approximately14,230 feet (about 4,300 metres) of drilling and will test sevenhigh-priority geophysical targets. None of these targets have beenpreviously drill tested, making this a true first-pass explorationprogram. The primary objective is to determine whether the geophysicalanomalies are caused by sulphide mineralization and to improveunderstanding of the underlying geology.

CEO Quote

Robert Dzisiak, CEO of King Global stated “We arevery excited to commence our maiden diamond drilling program on theIron Horse property.  King has spent a significant amount of time andmoney ground truthing the VMS potential of the Iron Horse property andthis next phase on our exploration program is expected to validate ourgeological model.”  

QUALIFIED PERSON STATEMENT (NI43-101)

The scientific and technical information contained in this newsrelease has been reviewed and approved by Andrew Lee Smith, P.Geo.,ICD.D, who is a “Qualified Person” as defined by NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects.Mr. Smith is an independent consultant to King Global Ventures and isindependent of the Company for the purposes of NI 43-101.

In verifying the scientific and technical informationcontained in this release, the Qualified Person, conducted acomprehensive review of all available analytical data, geologicallogs, drill core photographs, and supporting documentation generatedduring the 2025 Silver Cord drill program. This verification workincluded confirmation of the sampling procedures used in the field, anassessment of chain-of-custody protocols, and evaluation of thesecurity measures implemented to ensure sample integrity from thedrill site to the laboratory.

As part of his review, the Qualified Person examinedKing Global’s QA/QC program, including the insertion of certifiedreference standards, blanks, and duplicate samples into the analyticalstream. He also verified that no material QA/QC issues were identifiedthat would affect the reliability of the assay results. In addition,the Qualified Person reviewed original assay certificates issued byALS Geochemistry, an independent laboratory accredited to ISO/IEC 17025:2017standards and confirmed that the analytical methodsapplied—including multi-element ICP-MS, ICP-AES, and appropriateover-limit reanalysis—are suitable for the style of mineralizationencountered at Silver Cord.

The Qualified Person further confirmed that thegeological interpretations presented in this release—includingreferences to structural controls, alteration patterns (AI/CCPI),metal zonation, and evidence for multiple phases of hydrothermalmineralization—are consistent with the observed drill core, surfacemapping, geochemical signatures, and assay data. These interpretationsare presented as conceptual geological models based on currentdrilling and are supported by the data available at this stage ofexploration

About King Global Ventures:

Black Canyon Property inArizona

King Global Ventures is focused on the exploration ofprecious and base metals in North America.  The Black Canyon Projectin Yavapai County Arizona is comprised of 213 contiguous concessionscovering a total area of 4,000 acres encompassing 15 former operatingmines including the past producing Howard Copper Mine.  The BlackCanyon Project is situated 100 km (62 miles) north of Phoenix Arizonaand represents an early-stage exploration opportunity targetingcopper-gold-silver-zinc, Volcanogenic Massive Sulphide (“VMS”)mineralization.  The geology of Yavapai County, Arizona is notabledue to the presence of a variety of base and precious metal deposittypes.  The region has a significant history of exploration,discovery and mining operations, including base metals from miningoperations like Bagdad, Jerome and Cleopatra.  The property is ontrend and is approximately 13 km (8 miles) N.W. of Arizona MetalsCorp. (T:AMC).

The Howard Copper Mine Property is located on 78 acresof patented land.  Discovered in the early 1920’s, small scaleproduction and development focused on high-grade copper. Historical reports state that the main shaftwas sunk to the 900-foot level, but that no ore was mined below the500-foot level.  

The Mikwam Property

The Mikwam Gold Property is located in NoseworthyTownship within the Abitibi Greenstone Belt of the Superior Province,northeastern Ontario. It lies along the Casa Berardi Deformation Zonethat hosts Detour Gold’s Burntbush Property. The Mikwam deposit ishosted within Timiskaming-aged polymictic conglomerate and greywackeunits and contains disseminated and vein-hosted gold mineralizationassociated with quartz-carbonate veins and pyrite mineralization.

A NI 43-101 technical report prepared for GalenaInternational Resources Ltd. by Caracle Creek International ConsultingInc., dated December 8, 2016, disclosed a historical inferred mineralresource of 1,810,000 tonnes grading 2.34 g/t gold, containing 136,000ounces of gold at a cut-off grade of 1.00 g/t Au. This estimate (announced by Galena in a December 12, 2016press release) is historical in nature, was not prepared for KingGlobal Ventures Inc., and should not be considered current. AQualified Person has not done sufficient work to classify thehistorical estimate as current mineral resources and the issuer is nottreating the historical estimate as current mineral resources.

Additional information about King Global Ventures canbe viewed at the Company's website at www.kingglobal.gold or atwww.sedarplus.ca. 

On behalf of King Global Ventures      

Robert Dzisiak

Chief Executive Officer

204-955-4803

ir@kingcse.com

Neither the CSE Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the CSE Exchange) accepts responsibility for the adequacy oraccuracy of this release.

Cautionary Statement RegardingForward-Looking Information

Certain information in this news release may containforward-looking statements that involve substantial known and unknownrisks and uncertainties. These forward-looking statements are subjectto numerous risks and uncertainties, certain of which are beyond thecontrol of the Company, including but not limited to, the uncertaintyof the financing, the impact of general economic conditions, industryconditions, dependence upon regulatory approvals. Readers arecautioned that the assumptions used in preparing such information,although considered reasonable at the time ofpreparation, may prove imprecise and undue reliance should not beplaced on forward-looking statements. Forward-looking statements inthis press release are expressly qualified by this cautionarystatement.

The forward-looking statements in this press releaseare made as of the date of this press release, and the Companyundertakes no obligations to update publicly or to revise any of theincluded forward-looking statements, whether because of newinformation, future events or otherwise, except as expressly requiredby applicable securities law.

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