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King Global Commences Maiden Drill Program at Golden Nugget and Miss Pickle Properties in Newfoundland
Toronto, Ontario--(Newsfile Corp. - June 21, 2022) - King Global Ventures Inc. (TSXV: KING) (...
About this update from King Global Ventures Inc.
[{"type":"text","content":"King Global Commences Maiden Drill Program at Golden Nugget and Miss Pickle Properties in NewfoundlandToronto, Ontario--(Newsfile Corp. - June 21, 2022) - King Global Ventures Inc. (TSXV: KING) (OTC Pink: KGLDF) (FSE: 5LM1) (the \"Company\") is pleased to announce that the Company has commenced drilling at its Golden Nugget and Miss Pickle Properties in Newfoundland.Robert Dzisiak, Chief Executive Officer of King, stated, \"We are very pleased to have commenced our planned 3,000-meter \"Maiden\" drill program at our Golden Nugget and Miss Pickle properties. It is a big moment for the progression of King and we are quite excited about our targets and look forward to the results and building on the potential of our properties.\"HighlightsPhase 1 drill program to test 11 prospective targets on its Golden Nugget and Miss Pickle Properties in the New World Island and Coaker Trends in Newfoundland.The program will test gold targets identified by King from previous prospecting work completed by Rubicon Minerals and King's recent exploration activities.The New World Island trend includes gold showings along a structural corridor that trends north-easterly along the southern shore of New World Island and includes surface gold showings: Gina, Big Island, Red Fox, Hard Rock and Big Oz.The Coaker trend includes 3 showing that are associated with the Coaker Porphyry in the shallows that run between Coaker and Dunnage Islands. Coaker trend targets include Hy-Grade, Miss Pickle and Quinlan Island where anomalous gold values have been confirmed associated with quartz veins and associated alternation (McNeill 2004).Sampling of eight new gold discoveries along an eight km section of the New World Trend has returned significant gold results, including: 18.1 g/t Au over 2.3 m; 50.2 g/t Au over 1.1 m (Big Island); 10.7 g/t Au over 1.4 m; 13.2 g/t Au over 1/1 m (Little Island); 44.3 g/t Au over 0.5 m (Location); 49.0 g/t Au over 0. 3m, 18.8 g/t Au over 0.3 m; and 2.04 g/t Au over 0.5 m (Gina showing) (Source: Rubicon Minerals press release September 19, 2002). At the Big Oz showing area, sampling of a 3 to 5 m thick section of mineralized sediments (135 samples), has returned an average of 1.1 g/t Au across the 250 meters of intermittent exposure of the zone. This includes length-weighted average 2.6 g/t Au in 44 samples along a 35 m section. Samplin...