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To: LoneClone who wrote (190281)8/26/2025 2:14:52 PM
From: LoneClone  Read Replies (1) | Respond to of 192333
 
King Global Ventures to Drill-Test Significant Gravity Anomalies South of Historic Howard Copper Workings

thenewswire.com

Vancouver, British Columbia – TheNewswire – August 26, 2025 – King Global Ventures Ltd. (TSXV: KING) (FSE: 5LM1) (“King Global” or the “Company”) is pleased to announce exploration plans to drill-test three significant gravity anomalies recently identified at its 100%-optioned Howard Copper Project in central Arizona. These anomalies which identified in a post-drilling geophysical survey, represent well defined targets located south of the historic Howard Mine workings, directly along the vector of improving mineralization identified in the most recent drilling.

Phase I Drilling: Best Results South of the Historic Mine

The Company’s 2025 Phase I diamond drill program (20 holes, 8,000 feet) confirmed the presence of two distinct volcanogenic massive sulphide (VMS) horizons within the Spud Mountain Formation. The strongest copper-gold-zinc-silver intercepts occurred in the southernmost drill holes (e.g., HC-25-015, HC-25-020), beyond the limits of the historic Howard Mine. These results confirmed that mineralization improves to the south and remains open at depth and along strike (For complete Phase I drill results, please refer to the Company’s news release dated August 13, 2025, available under King Global’s profile on SEDAR+).

Gravity Survey: Untested Anomalies Along Trend

Following the Phase I drill program, ALS Geoanalytics completed a gravity inversion analysis that revealed three discrete, stratigraphically conformable gravity anomalies trending NNW–SSE and aligned with the regional volcanic stratigraphy.

Key findings include:

  • Three untested gravity anomalies lying south of the historic workings and beyond the Phase I drill fences.

  • Alignment with favorable volcanic-sedimentary horizons, suggesting potential stacked VMS lenses.

  • Coincidence with magnetic features in the southern anomaly, reinforcing the interpretation of preserved sulphide bodies.

These gravity anomalies collectively represent a modeled subsurface density anomaly. While conceptual in nature, their size, geometry, and alignment with the mineralized vector highlight a prospective corridor for follow-up drilling.

Expanded Exploration: New Claims and Surveys

In parallel with drilling, King Global will also undertake a series of ground-based programs to refine targeting and extend the known anomalies:

  • Ground EM survey to detect conductive sulphide bodies associated with the anomalies.

  • Soil geochemical sampling to define surface geochemical halos.

  • Follow-up gravity survey to extend and track the southernmost anomaly onto newly acquired claims south of the current project area.

Phase II Drill Program: Targeting Gravity Anomalies

Building on the Phase I, King Global will immediately advance to Phase II drilling, designed specifically to test all three gravity anomalies south of the historic workings.

  • The proposed program will comprise approximately 9 holes totaling 7,000 to 9,000 feet.

  • Objective: Directly test the southern gravity anomalies, following the trend of improving mineralization encountered in Phase I.

  • Exploration Strategy: Confirm the presence of sulphide-rich horizons within these anomalies and expand the mineralized footprint southward.

Rob Dzisiak, CEO of King Global Ventures, commented:

“The Phase I program proved that mineralization strengthens south of the historic Howard Mine. The identification of three large, untested gravity anomalies further along this vector gives us a clear next step. Phase II will directly target these anomalies, with the potential to expand the known mineralized system.”

Qualified Person and NI 43-101 Disclosure

Andrew Lee Smith, P.Geo., who is the Senior Geologist for King’s Black Canyon Project and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

Cautionary Note: The potential quantity and grade of the gravity anomalies are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the discovery of a mineral resource.

Gravity inversion data showing then voluminous gravity anomalies, south the smaller gravity anomaly in the in the area of the Howard Copper mine workings.

Howard




Click Image To View Full Size









These gravity anomalies collectively represent a modeled subsurface volume of approximately 9 million cubic metres. This estimate is based on geophysical inversion modeling and does not imply the presence of economic mineralization.

About King Global Ventures:

Black Canyon Property in Arizona

King Global Ventures is focused on the exploration of precious and base metals in North America. The Black Canyon Project in Yavapai County Arizona is comprised of 213 contiguous concessions covering a total area of 3,780 ac, including 15 former operating mines including the past producing Howard Copper Mine. And is situated 100 km (62 miles) north of Phoenix Arizona. The Black Canyon Project represents an early-stage exploration opportunity targeting copper-gold-silver-zinc, Volcanogenic Massive Sulphide (“VMS”) mineralization. The geology of Yavapai County, Arizona is notable due to the presence of a variety of base and precious metal deposit types. The region has a significant history of exploration, discovery and mining operations, including base metals from mining operations like Bagdad, Jerome and Cleopatra. The property is on trend and is approximately 13 km (8 miles) N.W. of Arizona Metals .

The Howard Copper Mine Property is located on 78 acres of patented land approximately 100 km (64 miles) north of Phoenix AZ. Discovered in the early 1920’s, small scale production and development focused on high-grade copper. Historical reports state that the main shaft was sunk to the 900-foot level, but that no ore was mined below the 500-foot level.

The Mikwam Property

The Mikwam Gold Property is located in Noseworthy Township within the Abitibi Greenstone Belt of the Superior Province, northeastern Ontario. It lies along the Casa Berardi Deformation Zone that hosts Detour Gold’s Burntbush Property. The Mikwam deposit is hosted within Timiskaming-aged polymictic conglomerate and greywacke units and contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins and pyrite mineralization.

In 2016, a NI 43-101 technical report prepared for Galena International Resources Ltd. by Caracle Creek International Consulting Inc., dated December 8, 2016, disclosed a historical inferred mineral resource of 1,810,000 tonnes grading 2.34 g/t gold, containing 136,000 ounces of gold at a cut-off grade of 1.00 g/t Au. This estimate (announced in December 12, 2016 press release) is historical in nature, was not prepared for King Global Ventures Inc., and should not be considered current. A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources and the issuer is not treating the historical estimate as current mineral resources.

Additional information about King Global Ventures can be viewed at the Company's website at www.kingglobal.gold or at www.sedarplus.ca.

On behalf of King Global Ventures

Robert Dzisiak

Chief Executive Officer

204-955-4803

ir@kingcse.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.


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

Cautionary Statement Regarding Forward-Looking Information

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.

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.



To: LoneClone who wrote (190281)8/27/2025 11:55:15 AM
From: LoneClone  Read Replies (1) | Respond to of 192333
 
Column: LME storage capacity falls as politics upend metal flows: Andy Home

reuters.com Andy Home

August 26, 202511:15 PM PDTUpdated 7 hours ago

LONDON, Aug 27 (Reuters) - The London Metal Exchange's (LME) global warehousing capacity shrank by 4.25% over the first half of 2025 despite the opening of new delivery locations in Hong Kong and the Saudi Arabian port of Jeddah.

Total registered storage space of 3.2 million square meters is now at its lowest level since the exchange started publishing its quarterly updates in 2016.

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The shrinkage is down to sliding exchange inventory. Total stocks, including off-warrant stocks, fell by 541,000 metric tons over the first half of 2025 and closed June at a 20-month low of 1.62 million tons.

Low stocks should be a bullish signal for base metal prices but it's one that is currently distorted by geopolitical turbulence.



LME warehouse capacity and quarterly change

DIVERTED METAL
Aluminium has for many years been the mainstay of the LME warehousing business. The global production base of 65 million tons is a lot larger than any of the other LME metals and smelters have historically been slow to respond to drops in demand because of the costs of idling capacity.

Surplus metal has in the past gravitated to the market of last resort. There were over three million tons of aluminium in LME storage as recently as 2021. Combined on- and off-warrant stocks now total just 717,000 tons.

Is this a sign of a market in supply deficit? It's difficult to say because the April 2024 ban on new deliveries of Russian metal has deprived the market of one of its biggest physical liquidity providers.

Ever more Russian metal is flowing eastwards to China in response to U.S., UK and European sanctions. China's imports of Russian aluminium surged by 80% year-on-year to 1.1 million tons in January-June.

This year's hike in U.S. import tariffs has further disrupted global flows of the light metal, leaving little available for LME storage despite lucrative warehouse deals.

It's telling that ISTIM UK Ltd, the LME warehouse operator at the centre of several big aluminium stock plays in Port Klang, has cut its presence in the Malaysian city from 22 to 13 units over the last twelve months.
Despite other operators stepping into the gap, total storage capacity at Port Klang declined by 15% over the first six months of the year.

COPPER CLEAR-OUT
Copper bulls got very excited when LME stocks were raided in the second quarter but the near depletion of exchange inventory had nothing to do with demand and everything to do with U.S. President Donald Trump.

Trump's announcement he was launching an investigation into copper imports on national security grounds in February opened up an unprecedented arbitrage between the U.S. duty-paid price traded on the CME and the international price traded in London.

LME warehouses were stripped as inventory was shipped to the United States. U.S. imports of refined copper surged to 724,000 tons between March and June, equivalent to 80% of the country's import demand last year.
CME registered copper stocks are at a 21-year high of 247,210 tons, while LME inventory of 155,000 tons is still down by 43% on the start of 2025 despite some replenishment from Chinese smelters.

The tariff threat turned out to be unfounded but caused a massive redistribution of inventory without making much change to the global exchange stocks picture.



Changes in LME warehouse units by location

SINGAPORE CHURN
LME zinc stocks have also been cleared out over the last couple of months. Registered tonnage has fallen by 72% since the start of the year and at 65,525 tons is the lowest it's been since May 2023.
Yet time-spreads remain curiously relaxed, the benchmark cash-to-three-months period still trading in small contango.

The market's apparent lack of concern reflects a recent history of zinc stocks churn at Singapore. The city has been the focal point for LME deliveries of both zinc and lead and currently accounts for 99% and 97% of all registered inventory respectively.

It's thus no surprise that LME warehouse operators have opened more units in Singapore than anywhere else over the last 12 months.

The number of listed warehouses in the city has increased by nine to 38, outstripping the eight new listings in Hong Kong and the four in Jeddah after the ports opened for LME business in January and July respectively.

The current conundrum is that the lead is still there, although still churning judging by last week's spate of cancellations, but the zinc has gone missing.

For now

The rising count of LME storage units in Singapore suggests warehouse operators are betting there's still a lot of zinc around for potential LME delivery.

WAITING FOR METAL

Sanctions and tariffs have combined to reduce metal flows to the LME with trickle-down impact on the exchange's physical storage function.

The good news for LME warehouse companies is that disruption can open new opportunities. Hong Kong warehouses started receiving copper almost as soon as they opened thanks to Chinese smelters delivering metal into a market that was tight after the CME arbitrage trade.

The less good news is that Russia, a major aluminium, copper and zinc producer, is increasingly turning to the Chinese market.

The growing trade between the two countries may not be easily reversed, even in the unlikely event that sanctions are lifted.

LME storage capacity has fallen by over a quarter since the start of the decade, when over four million tons of metal were being stored.

Neither stocks nor storage seem likely to grow back to those levels any time soon, given the potential for politics to further fracture what was once a highly globalised physical metals market.

The opinions expressed here are those of the author, a columnist for Reuters.