King Global Ventures Inc. (CSE: KING) (OTCQB: KGLDF) (FSE: 5LM1) is advancing its exploration activities at the Black Canyon/Silver Cord project near Cleator, Arizona, as the U.S. government intensifies efforts to rebuild domestic mining workforce capacity and secure critical mineral supply chains. The company is currently executing a 14,000-foot diamond drill program at the Iron Horse target to test priority geophysical anomalies for potential VMS-style sulphide mineralization within the Lower Spud Mountain Formation.
The exploration program has identified prospective volcanic stratigraphy, hydrothermal alteration, feeder-style geochemical responses, and multiple marker horizons. Wedge drilling from hole IH-26-03 is being utilized to further test the target at depth. Previous drilling at Silver Cord, completed in December 2025, intersected high-grade polymetallic veins containing silver, gold, lead, zinc, and antimony. Notable results included a 9-foot interval grading 619.6 g/t silver, 1.0 g/t gold, 0.6% lead, 1.05% zinc, and 375 g/t antimony.
This exploration push comes amid a supportive policy environment. On August 7, 2026, the White House announced $100 million in funding for 14 U.S. mining schools as part of over $2 billion in new mining and mining-related investments, with more than $180 million allocated to mining school and workforce training. King Global believes this policy backdrop could bolster domestic exploration companies targeting strategic minerals such as antimony, which is critical for defense and technology applications.
The Black Canyon Project consists of 213 contiguous concessions covering 4,000 acres, encompassing 15 former operating mines, including the past-producing Howard Copper Mine. Located 100 kilometers (62 miles) north of Phoenix, Arizona, the project presents an early-stage exploration opportunity targeting copper-gold-silver-zinc VMS mineralization. The region's geology is notable for its diverse base and precious metal deposits, with a history of mining operations at Bagdad, Jerome, and Cleopatra. The property is situated approximately 13 kilometers (8 miles) northwest of Arizona Metals Corp. (T:AMC).
The Howard Copper Mine, discovered in the early 1920s, historically focused on high-grade copper production. Historical reports indicate the main shaft reached the 900-foot level, but ore was not mined below the 500-foot level. King Global also holds the Mikwam Gold Property in Noseworthy Township, Ontario, within the Abitibi Greenstone Belt, which lies along the Casa Berardi Deformation Zone that hosts Detour Gold's Burntbush Property. The Mikwam deposit contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins and pyrite.
The company's ongoing exploration at Iron Horse aims to identify additional mineralization that could enhance the project's economic viability. As U.S. policy increasingly prioritizes domestic mineral production, King Global's activities align with national interests in reducing reliance on foreign sources for critical minerals. The successful advancement of the Black Canyon project could contribute to the supply of metals essential for renewable energy, electronics, and national defense.
For more information on King Global Ventures, visit their website at www.kingglobal.gold. The full press release is available at https://ibn.fm/ftF4h.
