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King Global Announces Results of Maiden Drill Program

King Global Announces Results of Maiden Drill Program

King Global宣佈少女訓練計劃的結果
newsfile ·  2022/10/13 05:05

Toronto, Ontario--(Newsfile Corp. - October 12, 2022) - King Global Ventures Inc. (TSXV: KING) (OTC Pink: KGLDF) (FSE: 5LM1) (the "Company") is pleased to announce diamond drill results from the initial drill program conducted on the Company's Miss Pickle and Golden Nugget properties in central Newfoundland. The 2022 phase-one drill program consisted of 18 diamond drillholes totaling 1,967 metres planned to test the Miss Pickle, Hygrade, Quinlan Point and Big Oz prospects identified, but never drilled in a 2004 exploration targeting program conducted by Rubicon Minerals Corporation and advanced by subsequent surface channel sampling.

安大略省多倫多-(新聞文件公司-2022年10月12日)-King Global Ventures Inc.(TSXV:King)(場外粉色:KGLDF)(FSE:5LM1)(“公司“)很高興地宣佈了對公司位於紐芬蘭中部的Misse Expect Pickle和Golden Nugget礦產進行的初步鑽探計劃的鑽石鑽探結果。2022年第一階段鑽探計劃包括18個總計1,967米的鑽石鑽孔,計劃測試已確定的Misse Expect Pickle、Hygrad、Quinlan Point和Big Oz前景,但從未在Rubcon Minerals Corporation實施的2004年勘探目標計劃中進行鑽探,並通過隨後的地表渠道採樣進行了推進。

Drill Highlights

演練要點

  • Four drill holes (MPK22-01, 02, 03) were targeted based a surface channel sampling that returned gold assay values of up to 2 g/t Au from the Coaker Porphyry. DDH MPK22-01 returned consistent, anomalous gold grades through the entire 153-meter interval of the Coaker porphyry returning 153 meters of 0.19 g/t Au
  • The broad anomalous intersection MPK22-01 included intervals of 60 meters of 0.27 g/t Au and 19.5 meters of 0.46 g/t Au
  • MPK 22-02 and MPK22-03 also intersected anomalous gold values in the Coaker porphyry; 3 meters of 0.53 g/t Au and 11 meters of 0.27 g/t Au including an interval of 3 metres of 0.59 g/t Au
  • 四個鑽孔(MPK22-01、02、03)的目標是基於表面通道採樣,從科克斑巖中返回高達2g/t Au的金測定值。DDH MPK22-01在整個科克斑巖153米範圍內返回了一致的、異常的金品位,返回了153米0.19克/噸的金
  • 寬幅異常交匯點MPK22-01包括60m的0.27g/t Au和19.5m的0.46g/t Au
  • MPK 22-02和MPK22-03還與科克斑巖中的異常金值相交;3米的Au為0.53g/t,11米的Au為0.27 g/t,包括3米的0.59 g/t Au

Table 1. Drill Results

表1.鑽取結果

HOLE FROM 
(m)
TO 
(m)
WIDTH 
(m)
Au 
(gAu/t)
MPK-01 0.0 154.0 154.0 0.19
incl 47.0 107.0 60.0 0.28
incl 52.0 71.5 19.5 0.46
MPK-02 31.0 34.0 3.0 0.53
MPK-03 0.0 11.0 11.0 0.22
incl 8.0 11.0 3.0 0.59
HYG-01 64.2 66.0 1.8 0.97
HYG-02 67.0 68.0 1.0 1.44
HYG-05 4.8 8.0 3.2 0.60
HYG-06 4.5 8.0 3.5 0.60
孔洞 從…
(m)

(m)
寬度
(m)
Au
(GAU/噸)
MPK-01 0.0 154.0 154.0 0.19
包括 47.0 107.0 60.0 0.28
包括 52.0 71.5 19.5 0.46
MPK-02 31.0 34.0 3.0 0.53
MPK-03 0.0 11.0 11.0 0.22
包括 8.0 11.0 3.0 0.59
HYG-01 64.2 66.0 1.8 0.97
HYG-02 67.0 68.0 1.0 1.44
HYG-05 4.8 8.0 3.2 0.60
HYG-06 4.5 8.0 3.5 0.60


Robert Dzisiak, Chief Executive Officer of King stated, "The results of the Miss Pickle drilling indicate the presence of a large gold mineralization system starting from surface and merits further exploration. We are also pleased to have results of the MPASS Airborne Survey and will use the data to identify and prioritize further exploration work."


King的首席執行官Robert Dzisiak表示:“Misch Expect Pickle鑽探的結果表明,存在一個從地表開始的大型金礦成礦系統,值得進一步勘探。我們也很高興得到MPASS航空勘測的結果,並將利用這些數據來確定和優先進行進一步的勘探工作。”

2022 MPASS Airborne Survey

2022年MPASS航空勘測

In addition to the phase-one drill program, KING also completed a heli-borne triaxial gradio-magnetic and VLF-EM survey over the Golden Nugget property using GoldSpot Discovery Corp's Multi-Parameter Airborne Survey System (M-PASS) which consisted of three high sensitivity potassium vapour magnetic sensors mounted on a towed-bird platform (GEM system) along with the GEM EM-VLF. The total coverage of the survey block amounted to 2,143 line-kilometres. The purpose of the project was to record detailed magnetic, radiometric and VLF data over the block to provide information that could be used in mapping the geological structures and identifying potential zones of ore mineralization over the survey area.

除了第一階段鑽探計劃外,King還使用Goldpot Discovery公司的多參數航空測量系統(M-PASS)完成了對Golden Nugget礦藏的直升機載三軸重磁和甚低頻電磁測量(M-PASS),該系統包括三個安裝在拖曳鳥平臺(GEM系統)上的高靈敏度鉀蒸氣磁傳感器以及GEM EM-VLF。調查區塊的總覆蓋範圍達2143線公里。該項目的目的是在區塊上記錄詳細的磁力、輻射和甚低頻數據,以提供可用於繪製地質構造圖和查明勘測區內潛在礦化帶的信息。

The result of the magnetic survey data and structural interpretation will be compiled into the company's GIS database including soil sampling results, regional and local mapping, and drill hole data to identify and prioritize prospective anomalous areas for exploration targeting.

磁測數據和構造解釋的結果將被彙編到該公司的地理信息系統數據庫中,其中包括土壤採樣結果、區域和本地製圖以及鑽孔數據,以確定勘探目標的預期異常區域並確定優先順序。

The Miss Pickle Results 
The Miss Pickle prospect is defined by channel sampling where surface showing reported gold assay results as high as 2.0 g/t Au.

未達到預期的泡菜結果
未達到預期的Pickle前景由渠道採樣定義,其中表面顯示報告的金分析結果高達2.0g/t Au。

The drilling at Miss Pickle (MPK22-01 -04) intersected broad intervals of strongly anomalous, to sub-economic gold mineralization within ankerite and sericite altered quartz-feldspar Coaker porphyry.

在未達預期的Pickle(MPK22-01-04)鑽探中,與大範圍的強烈異常相交,形成了鐵雲母、絹雲母蝕變石英-長石-科克斑巖中的次經濟型金礦化。

The gold mineralization intersected in the drilling is associated with pervasively altered Coaker porphyry with local centimeter intervals of quarts carbonate veinlets.

在鑽探中相交的金礦化與滲透蝕變的科克斑巖有關,局部有釐米間隔的石英碳酸鹽細脈。

Unlike other mineralization described from the gold mineralization regionally, the elemental concentrations data showed corresponding elevated amounts of arsenic in the form of fine arsenopyrite "needles" associated with gold mineralization but lacked the typical accessory elemental signature of arsenic plus antimony.

與區域金礦化描述的其他礦化不同,元素濃度數據顯示與金礦化有關的細小毒砂“針狀”形式的砷含量相應增加,但缺乏砷+銻的典型輔助元素特徵。

The result of the Miss Pickle drilling indicates the presence of a large gold mineralization system and associated strong, pervasively altered Coaker porphyry rocks and the contact with the Dunnage Melange.

未達預期的Pickle鑽探結果表明,存在一個大型金礦成礦系統和伴生的強烈、普遍蝕變的科克斑巖,並與隱伏混雜巖接觸。

Hygrade Results 
Hy-Grade prospect was defined in 2003 when channel sampling results reported gold values as high as 14.0 g/t. The drilling of the Hygrade prospect was targeted to follow-up on channel sample results that confirmed the down-dip continuity of the mineralization.

海格萊德的成績
Hy級勘查是在2003年確定的,當時航道採樣結果報告的金值高達14.0g/t。海格拉德探礦的鑽探目的是跟蹤航道採樣結果,證實礦化向下傾斜的連續性。

The Hy-Grade target presented a complex target for drilling that required real-drill-time changes to the proposed drill plan. Initial drilling targeting the down-dip extension of the surface showing encounter narrow zones of mineralization that did not appear to be consistent with the Hygrade mineralization at surface, intercepting 1.8 metres of 0.97 g/t Au and 1.0 meters of 1.44 g/t Au, suggesting the dip of the Hygrade target was dipping to the north or the zone tapered out at depth. The drill was re-positioned to intersect the zone nearer to surface and holes HYG22-05 and 06 successfully intersected the Hygrade mineralization and a returned intercepts of 3.2 metres of 0.6 g/t Au and 3.5 metres of 0.59 g/t Au. A third drill set up was established further to the east, north of the easterly projection of the test the continuity of the Hygrade mineralization based on a projection of the northerly dipping structure. Drill holes HYG22-07, 08 and 09 failed to intersect projected targets.

Hy級目標提供了一個複雜的鑽探目標,需要對擬議的鑽探計劃進行實時鑽探更改。以地表向下延伸為目標的初步鑽探顯示,在地表遇到似乎與海格德礦化不一致的狹窄礦化帶,截獲1.8米0.97g/噸Au和1.0米1.44g/t Au,這表明海格德目標的傾角向北傾斜或區域深度逐漸變小。鑽頭被重新定位,以與更接近地面的區域相交,HYG22-05和06孔成功地與海格德礦化相交,返回截留了3.2米0.6克/噸金和3.5米0.59克/噸金。根據向北傾斜構造的投影,在測試海格德礦化連續性的東面以北進一步建立了第三個鑽探設施。鑽孔HYG22-07、08和09未能與投影目標相交。

The Hygrade prospect occupies a structurally complex setting that limits the continuity of grade and structure.

海格萊德的前景在結構上很複雜,這限制了等級和結構的連續性。

Big Oz Results 
The Big Oz showing is located on the mainland of New World Island. The area includes two smaller areas mapped during a channel sampling in 2003. A large quartz vein, with assay values in channel samples up to 87 g/t over 0.8 meters. A zone of mineralization up to 35 m long in the east of the Big Oz area was shown to have anomalous gold values anomalous mineralization from 35 m to 150 m and visible gold making the Big Oz vein a very attractive drill target.

大奧茲國的成績
Big Oz展會位於新世界島的大陸上。該區域包括兩個較小的區域,這些區域是在2003年的一次頻道採樣期間繪製的。一個大的石英脈,在0.8米範圍內通道樣品的測定值高達87克/噸。大奧茲區東部長達35m的礦化帶顯示出異常的金價,35m至150m的異常礦化和可見的金礦,使大奧茲脈成為一個非常有吸引力的鑽探目標。

Despite the drill site being permitted by Mineral Lands, advance reconnaissance of the found proposed drilled site to be located in close proximity to an occupied Osprey nest. By regulation, drilling cannot be completed with 800m of occupied Osprey nest. Compliance with this environmental restriction require the drill collar to ne reposition to the west of the showing, almost 400 meters west of the easternmost limit of the Big Oz surface showing. While a "step-out" this serve made it impossible to test the know extent of the Big Oz target, the decision was made to target the eastward projection of the mineralization in an attempt to identify stratigraphy of structures that might be associated with the mapped quartz vein.

儘管鑽探地點得到了Minative Lands的許可,但對已發現的擬議鑽探地點的預先勘察將位於一個已被佔領的魚鷹巢穴附近。根據規定,魚鷹巢被佔用800米後才能完成鑽探。為了遵守這一環境限制,鑽桿必須重新定位到顯示的西邊,即大奧茲面顯示的最東邊以西近400米處。雖然這一發球“跳出”使得無法測試Big Oz目標的已知程度,但決定以礦化向東投影為目標,試圖確定可能與所繪製的石英脈有關的構造的地層學。

The two drill holes completed were unsuccessful intersecting the host geology of the Big Oz mineralization and remained within the Dark Hole formation for their entire lengths.

已完成的兩個鑽孔未能成功地與大奧茲礦化的宿主地質相交,並在整個長度內保持在暗洞地層內。

QA/QC Controls on core sampling 
Core samples were logged and processed at the company's field logging and sampling facility in Birchy Bay, Newfoundland in accordance with the CIM Mineral Exploration Best Practice Guidelines (2018) by, and under the supervision of qualified geologist and experienced geological technicians.

巖心取樣的QA/QC控制
巖心樣品在該公司位於紐芬蘭Birchy Bay的野外測井和採樣設施根據CIM礦產勘探最佳實踐指南(2018)進行記錄和處理,並在合格的地質學家和經驗豐富的地質技術人員的監督下進行。

The Company implemented quality assurance and quality control (QA/QC) protocols to ensure sampling and analysis of all exploration work is conducted in accordance with the National Instrument 43-101 and industry best practices including the insertion of certified standards and blanks into the sample stream every 25 samples as per the recommendation of . The company QA/QC, as well as the laboratory inserted standards, blanks, and duplicates were monitored closely upon receiving assay certificates from the laboratory. No material issues with respect to the QA/QC of assays have been detected to date.

公司實施了質量保證和質量控制(QA/QC)協議,以確保所有勘探工作的採樣和分析工作都是根據國家儀器43-101和行業最佳實踐進行的,包括按照建議每25個樣品向樣品流中插入經認證的標準和空白。公司QA/QC以及實驗室插入的標準品、空白和複製品在收到實驗室的化驗證書後受到密切監控。到目前為止,還沒有檢測到與分析的質量保證/質量控制有關的實質性問題。

Newfoundland Properties:

紐芬蘭地產:

King Global's projects include 100% interest in the following gold exploration projects:

King Global的項目包括以下金礦勘探項目的100%權益:

The Golden Nugget Property consists of a 10 km long contiguous land package (1,850 ha.) of siliciclastic sediments within beds of conglomerates and mafic materials. High grade gold occurs in all rock groups with channel samples having returned values of 50.2 g/t gold over 1.1 m, 87 g/t over 0.8 m and 29.2 g/t over 2.5 m. These high grade channels are contained within extensive areas of lower to medium grade gold values along the entire length of this 10 km structural corridor.

金塊地產由10公里長的連續土地組成(1,850公頃)礫巖和鎂鐵質巖層中的硅質碎屑沉積。高品位金賦存於所有巖組中,通道樣品的返回值分別為50.2 g/t黃金超過1.1米、87 g/t黃金超過0.8 m和29.2 g/t黃金超過2.5 m,這些高品位通道沿着這條10公里的構造走廊分佈在廣泛的低品位到中品位金價範圍內。

The Miss Pickle Property (950 ha), is also north of the Davidsville Group and lies in another parallel structure to the Gold Nugget Property known as the Coaker Trend. Historical grab samples include, 7.3 g/t gold over 2.05 m, 8.3 g/t gold over 1.9 m and 7.1 g/t gold over 1.2 m. The length weighed average of 26 channel samples across the zone is 3.2 g/t gold. A new gold zone with overall channel sampling of 0.30 g/t Au over 54 m, including 0.96 g/t Au over 7.5 m was discovered during the summer of 2021 (the zone is open in all directions).

未達預期的泡菜性質(950公頃),也位於Davidsville Group以北,位於另一個與Gold Nugget地產平行的結構中,被稱為Coaker Trend。歷史抓取樣品包括2.05m以上的7.3g/t黃金、1.9m以上的8.3g/t黃金和1.2m以上的7.1g/t黃金,26個航道樣品的長度加權平均值為3.2g/t黃金。2021年夏季發現了一個新的金礦帶,總航道取樣0.30g/t Au超過54m,其中0.96g/t Au超過7.5m(該帶是全方位開放的)。

The Gold Boulder Prospect consists of four contiguous claim blocks (100 ha) and is located near the small town of Glenwood in Central Newfoundland. Geologically the property is underlain by siliciclastic sediments of the Davidsville Group which is the same geological belt which hosts New Found Gold's high grade Queensway project. The entire prospect is bound on all side by New Found Gold Corp.

黃金巨石遠景由四個相連的索賠區塊(100公頃)組成,位於紐芬蘭中部的小鎮格倫伍德附近。從地質學上講,該地產被戴維斯維爾羣的硅質碎屑沉積所覆蓋,這是新發現黃金高品位金鐘道項目所在的同一地質帶。整個前景都受到了新發現黃金公司的約束。

The Chapel Island Property (1,300 ha) consists of 54 mining blocks located in north-east central Newfoundland, on Chapel Island within the Dunnage Tectonostratigraphic zone of the Appalachian Orogen. The Road zone consists of 4 historical showings containing numerous Au occurrences. These occurrences have returned individual assay results up to 85 g/t Au and 32 g/t Au. Chapel Island also has historical nickel showings grab samples up to 3.05% Ni.

教堂島的財產該礦區面積1,300公頃,由位於紐芬蘭中部東北部的54個採礦區塊組成,位於阿巴拉契亞造山帶的Dunnage構造地層帶的查佩爾島上。公路地帶由4個歷史展品組成,其中包含許多金礦產狀。這些事件分別返回了高達85g/t Au和32g/t Au的分析結果。查珀爾島也有歷史上鎳展示抓取樣本高達3.05%鎳。

The Lost Swamp showing is comprised of a silicified and carbonate altered Coaker porphyry that contains very, fine grained arsenopyrite, with assay results returning values up to 149.8 g/t Au and 23.3 g/t Au. At the Swamp zone, a total of 35 channel samples were cut for a combined length of 35.9 m at 8 different locations in the old trench. The best results from the sampling were 5.2 m of 484 ppb Au and 0.9 m of 3.9 g/t Au.

失落的沼澤Showing由硅化和碳酸鹽蝕變的科克斑巖組成,其中含有非常細粒的毒砂,分析結果返回值分別高達149.8 g/t Au和23.3g/t Au。在沼澤區,在舊海溝的8個不同位置共切割了35個渠道樣本,總長度為35.9米。最好的採樣結果是5.2m的484ppb Au和0.9m的3.9g/t Au。

About King Global Ventures

關於King Global Ventures

King Global Ventures Inc. (TSXV: KING) holds 100% interest in four highly prospective and previously explored gold exploration projects in the Gander Gold Belt Region of Newfoundland, Canada. King is supported by strategic investor Eric Sprott who is a significant shareholder of the Company.

King Global Ventures Inc.(多倫多證券交易所股票代碼:KING)擁有加拿大紐芬蘭甘德金礦帶地區四個極具前景和之前勘探過的金礦勘探項目的100%權益。King公司得到了戰略投資者埃裏克·斯普羅特的支持,斯普羅特是公司的大股東。

Additional information about King Ventures can be viewed at the Company's website at or at .

欲瞭解有關King Ventures公司的更多信息,請訪問公司網站:或。

On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
204-955-4803
ir@kingtsxv.com

代表King Global Ventures
羅伯特·齊西亞克
首席執行官
204-955-4803
郵箱:ir@kingtsxv.com

The technical contents of this news release were approved by Andrew Lee Smith, Bsc., P.Geo, ICD.D, a qualified person as defined by National Instrument 43-101.

本新聞稿的技術內容得到了安德魯·李·史密斯,BSC,P.Geo,ICD.D的批准,他是美國國家儀器43-101定義的合格人員。

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

Cautionary Statement Regarding Forward-Looking Information

關於前瞻性信息的警示聲明

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of the financing, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.

本新聞稿中的某些信息可能包含前瞻性陳述,這些陳述涉及大量已知和未知的風險和不確定性。這些前瞻性陳述會受到許多風險和不確定因素的影響,其中某些風險和不確定因素是公司無法控制的,包括但不限於融資的不確定性、一般經濟條件、行業條件的影響、對監管部門批准的依賴。請讀者注意,編制這類信息時使用的假設雖然在編制時被認為是合理的,但可能被證明是不準確的,不應過度依賴前瞻性陳述。本新聞稿中的前瞻性陳述明確地受到本警示性聲明的限制。

The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.

本新聞稿中的前瞻性陳述是截至本新聞稿發佈之日作出的,除非適用的證券法明確要求,否則公司沒有義務公開更新或修改任何包含的前瞻性陳述,無論是由於新信息、未來事件還是其他原因。

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