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K2 Gold Corp Ord (KTGDF) is a mining company with projects in Southwest USA and the Yukon. The company's latest exploration activities include a reverse circulation drilling program at the Wels Project in the Yukon Territory and a hyperspectral analysis of drill core from the Si2 Project in Nevada. K2's Mojave Project in California has also seen significant rock sampling results, highlighting high-grade gold and copper mineralization. The company is committed to sustainable exploration practices and community engagement.
K2 Gold announced final results from its Fall 2024 rock sampling program at the Mojave Project in California. The sampling covered a 750m wide x 3km long northwest trend at the Cerro Gordo target area, revealing significant mineralization across multiple zones. The 105 samples collected showed exceptional results with high-grade gold, silver, copper, lead, and zinc values, including peaks of 18.1 g/t Au, 2,380 g/t Ag, 16.55% Cu, 15.25% Pb, and 7.44% Zn. Notable areas sampled include the Sunset Mine, B Zone, Wheelbarrow Adit, Ignacio Silver Mine, and Morningstar Mine, demonstrating potential for both high-grade vein and bulk tonnage mineralization.
K2 Gold announced initial results from its Fall 2024 rock sampling program at the Mojave Project in California. The program revealed exceptional gold and copper values, including rock grab samples of up to 375 g/t Au at Gold Valley target, with first-ever visible gold observed. The Soda Valley target returned 9 samples with >1% Cu, including values up to 2.91% Cu over a 2km trend. The project hosts a 4.5km corridor of high-grade gold mineralization and 5km of high-grade copper mineralization. Results are pending for 105 samples from the Cerro Gordo Au-Ag-Pb-Zn target.
K2 Gold has provided updates on its 2024 exploration activities across three projects. At the Mojave Project, the Draft Environmental Impact Statement is under review, and sampling at Gold Valley yielded the first-ever visible gold discovery. The company collected 74 samples project-wide, including 38 from Gold Valley and 21 from Soda Canyon's copper trend. At the Si2 Project, geological studies are nearing completion, including down-hole alteration analysis and age dating. The Wels Project saw its first pass soil sampling with 764 samples collected, revealing gold values up to 242 ppb and identifying new target areas.
K2 Gold has announced updates on its 2024 exploration programs. The company will commence a soil sampling program at the Wels Project in Yukon Territory to gather data over unexplored areas and evaluate potential extensions to the Saddle and Pekoe targets. Additionally, drill core from the 2023 diamond drilling at the Si2 Project in Nevada will undergo hyperspectral analysis to identify clay species and guide future exploration. The Mojave Project's Environmental Impact Statement (EIS) process for Phase II drilling is progressing well, with completion expected by Q4 2024.
The Wels Project will sample up to 1,130 sites focusing on a northwest ridgeline identified through LiDAR and geophysical data. The Si2 Project will use hyperspectral imaging to analyze drill cores, an emerging technique providing detailed mineralogical information. This analysis aims to determine mineral alteration temperatures and depths, aiding in identifying stronger mineralization zones. Eric Buitenhuis, K2's Vice President of Exploration, has reviewed and approved the technical information.
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