# Drilling Underway at K2 Gold's Mojave Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--8ed0fb96-2a55-4f39-a3af-ea3cf272c375 Original source: https://money.tmx.com/en/quote/KTO/news/6887656852915096/drilling-underway-at-k2-gold-s-mojave-project Publisher: tmx Original announcement: 2026-06-25T16:02:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: K2 Gold Corporation - Ticker: KTO - Exchange: TSX - Region: California - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Permitting, Other - Extracted: 2026-09-18 06:35:30 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary K2 Gold has commenced its 2026 exploration drilling program at the Mojave Project in California, targeting the Dragonfly and Newmont zones. The campaign is fully permitted and has an approved budget of $9.8M for up to 14,000 metres of drilling. Reasoning: The announcement marks the start of a significant exploration campaign at a permitted project with secured funding, though it contains no new assay results. - Positive factor: Commencement of a major 14,000m drilling program - Positive factor: Full permitting achieved via EIS - Positive factor: Program is fully funded with $9.8M budget - Positive factor: High-grade historical intercepts provided as context Facts used in scoring: 4 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release names a Qualified Person \(Eric Buitenhuis, P.Geo\) and cites NI 43-101 compliance. Evidence · text > The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo, K2's QP **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The project has received approval for a Plan of Operations following an EIS. Evidence · text > The program is fully permitted under the recently approved Environmental Impact Statement \("EIS"\) ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--8ed0fb96-2a55-4f39-a3af-ea3cf272c375#fact-drill-facts-0) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 4 - Grade Unit: g/t - Intercept: 86.9 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-11-30T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical intercept provided as context for the new program. - Positive factor: Strong historical intercept Evidence · text > previously intersected 86.9m grading 4.0 g/t Au from surface #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--8ed0fb96-2a55-4f39-a3af-ea3cf272c375#fact-drill-facts-1) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 10.9 - Grade Unit: g/t - Intercept: 24.4 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-11-30T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical high-grade inclusion within a larger intercept. - Positive factor: High grade intercept Evidence · text > including 24.4m grading 10.9 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--8ed0fb96-2a55-4f39-a3af-ea3cf272c375#fact-drill-facts-2) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 1.64 - Grade Unit: g/t - Intercept: 41.15 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-02-04T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical intercept provided as context. Evidence · text > previously intersected 41.15m grading 1.64 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--8ed0fb96-2a55-4f39-a3af-ea3cf272c375#fact-drill-facts-3) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 2.36 - Grade Unit: g/t - Intercept: 10.67 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-02-04T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical inclusion within a larger intercept. Evidence · text > including 10.67m grading 2.36 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.