Toronto - 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.'

Highlights

Phase 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).

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. Sampling at the Dunnage-Coaker target, located approximately 2 km from the NWT has documented a 2 km trend of mineralized porphyry and sedimentary complex. Significant results include 7.3 g/t Au over 2.05 m, 4.7 g/t Au over 1.6 m, 8.3 g/t Au over 1.9 m; 6.2 g/t Au over 1.7 m and 7.1 g/t Au gold over 1.2 m (HyGrade). A composite average across the most completely exposed section returned 5.9 g/t Au over 5.85 m within a zone that is estimated to be 8 m thick. Widespread lower grade mineralization of 1.03 g/t Au over 25.9 m (MissPickle) also occurs within altered and mineralized instrusive rocks with the Dunnage-Coaker.

The permits for the proposed Phase 1 drill program anticipate 24 drill holes from 8 drill sites for a total of 3,022 metres of drilling. Drill operations will be barge supported as drill sites will be accessed by tide water.

The Company is fully funded for it's 3,000 metre spring/summer drill program.

About 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.

Contact:

Robert Dzisiak

Tel: 204-955-4803

Email: ir@kingtsxv.com

Web: www.kingtsxv.com

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.

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