# Drilling Underway at K2 Gold's Si2 Project in Nevada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-si2-project-in-nevada--c026a4e1-989b-4eae-ba68-2f1687215fe9 Original source: https://money.tmx.com/en/quote/KTO/news/5626626361674084/drilling-underway-at-k2-gold-s-si2-project-in-nevada Publisher: tmx Original announcement: 2026-01-22T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: K2 Gold Corporation - Ticker: KTO - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-18 06:59:03 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary K2 Gold Corporation has commenced a new drilling program at its Si2 Gold Project in Nevada, targeting deeper structural zones within an epithermal gold system. The program follows technical studies that have upgraded the project's geological model. Reasoning: The announcement marks the start of a new drilling campaign at the Si2 project, targeting deeper mineralization in a known epithermal system. While no new assay results are provided for the current program, the commencement of drilling at high-priority targets is a positive operational milestone. - Positive factor: Commencement of new drill program targeting deeper structures - Positive factor: Upgraded geological model for Si2 project - Positive factor: Presence of high-priority targets at depth Facts used in scoring: 3 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions NI 43-101 compliance and a named Qualified Person \(Eric Buitenhuis\). 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is described as having similar characteristics to AngloGold Ashanti's Arthur Project. Evidence · text > Si2 exhibits many similar characteristics to AngloGold Ashanti's Arthur Project ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-si2-project-in-nevada--c026a4e1-989b-4eae-ba68-2f1687215fe9#fact-drill-facts-0) Si2 · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Si2 - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: KTO #### Classification - Deposit Type: epithermal - Program: exploration - Sample Type: drill - Mining Method: unknown #### Location - Location: Si2 - Loc. Confidence: medium - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: zero\_all - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: This fact represents the announcement of the drilling commencement itself, which contains no assay data. Evidence · text > drilling is now underway at its 100%-owned Si2 Gold Project #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-si2-project-in-nevada--c026a4e1-989b-4eae-ba68-2f1687215fe9#fact-drill-facts-1) Mojave · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 6.68 - Grade Unit: g/t - Intercept: 45.72 m - From: 0 m - To: 45.72 m - Intercept Depth: 0 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: Mojave:0-45.72 - Mining Method: unknown #### Location - Location: Dragonfly Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: Historical intercept from the Mojave Project mentioned as a highlight. - Positive factor: Strong grade and width Evidence · text > 6.68 g/t Au over 45.72m from surface at the Dragonfly Zone #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **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: "6.68 g/t Au over 45.72m from surface at the Dragonfly Zone Historical highlight from Mojave Project." ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/drilling-underway-at-k2-gold-s-si2-project-in-nevada--c026a4e1-989b-4eae-ba68-2f1687215fe9#fact-drill-facts-2) Mojave · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 1.69 - Grade Unit: g/t - Intercept: 41.15 m - From: 44.2 m - To: 85.35 m - Intercept Depth: 44.2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: Mojave:44.2-85.35 - Mining Method: unknown #### Location - Location: Newmont Zone - Loc. Confidence: medium - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-22T00:00:00.000Z Reasoning: Historical highlight from Mojave Project. Evidence · text > 1.69 g/t Au over 41.15m from 44.20m depth at the Newmont Zone #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is 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 **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: "1.69 g/t Au over 41.15m from 44.20m depth at the Newmont Zone Historical highlight from Mojave Project." ## 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.