Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results Routine +

King Global Drilling Confirms VMS-Style Hydrothermal Feeder System at Iron Horse

Early-stage explorer advancing VMS and polymetallic targets in Arizona with recent drilling confirming hydrothermal systems.

By The Northwire Desk — AI Analysis Jun 16, 2026 · 08:06 KING · 0.55 King Global Ventures Inc.
Executive Summary
  • King Global Ventures released initial results from its maiden 14,000-foot diamond drilling program at the Iron Horse VMS project.
  • Drilling confirms a VMS-style hydrothermal feeder system (interpreted as an upflow zone) beneath a prospective VMS depositional horizon.
  • Initial holes (IH-26-01 and IH-26-02) demonstrate system continuity, local thickening, and structural complexity.
  • No massive sulphide mineralization has been intersected to date; full assay results are pending.
  • Geophysical data (magnetic, electromagnetic, and gravity anomalies) align with the interpreted feeder corridor, indicating a fertile VMS environment.
  • The primary exploration focus remains the prospective VMS depositional horizon located beneath the identified hydrothermal upflow zone.
Material Impact
  • The release is geologically constructive, validating the company's exploration model and justifying continued capital deployment at Iron Horse.
  • However, the data is preliminary. The absence of massive sulphides and pending assays mean the economic potential remains unproven.
  • For a pre-revenue junior explorer, this represents standard drill-season progress. It maintains technical interest but does not alter the financial trajectory or valuation multiple.
  • The news does not change the company's immediate capital requirements; management has already indicated that current cash is insufficient to fund operations at current levels.
KING · Price
Company Overview
  • King Global Ventures is a pre-revenue junior exploration company focused on volcanogenic massive sulphide (VMS) and silver-polymetallic projects in Arizona and Ontario.
  • Flagship assets include the Silver Cord Mine (high-grade Ag-Pb-Zn-Sb veins), the Black Canyon Project (historic Howard copper mine and surrounding VMS targets), and the Iron Horse VMS property.
  • The company is in the active exploration phase, utilizing diamond drilling, geophysical surveys, and geochemical sampling to expand historic mineralization and discover new deposits.
  • Management is aggressively advancing multiple projects, which requires sustained capital injection and operational discipline.
Read the original news release →

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