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King Global Mobilizing Crew for GoldSpot's Multi-Parameter Airborne Survey on Golden Nugget and Miss Pickle Properties
Toronto, Ontario--(Newsfile Corp. - March 28, 2022) - King Global Ventures Inc. (TSXV: KING) ...
About this update from King Global Ventures Inc.
[{"type":"text","content":"King Global Mobilizing Crew for GoldSpot's Multi-Parameter Airborne Survey on Golden Nugget and Miss Pickle PropertiesToronto, Ontario--(Newsfile Corp. - March 28, 2022) - King Global Ventures Inc. (TSXV: KING) (OTC Pink: KGLDF) (FSE: 5LM1) (the \"Company\") is pleased to announce crews are being mobilized for GoldSpot's Multi-Parameter Airborne Survey System (M-PASS) over its Golden Nugget and Miss Pickle Properties in Gander Gold Belt region of Newfoundland.Robert Dzisiak, Chief Executive of King stated, \"we are looking forward to getting the results from the airborne survey to help us better define the geological trends through our properties and targets for a planned spring drill program.\"Newfoundland Properties:King Global's projects include 100% interest in the following gold exploration projects: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.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).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 (NFG-TSX) high grade Queensway project. The entire prospect is bound on all side by New Found Gold Corp. The Chapel Island Property (1,300 ha) consists of 54 mining blocks located in north-east central Newfoundland, on Chapel ...