K2 Drills 27.43m of 4.03 g/t Au at Dragonfly, Confirms Multiple Stacked High-Grade Oxide Gold Structures

Original announcement by globenewswire on

Company
K2 Gold Corporation
Ticker
KTO
Exchange
Unavailable
Region
California
Primary commodity
Gold
Secondary commodities
Silver, Arsenic, Antimony, Thallium
Document categories
Drill results, Permitting
Extracted
2026-09-12 01:34:04 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

K2 Gold announced significant drill results from four holes at its 100% owned Mojave Project, confirming multiple stacked high-grade oxide gold structures at the Dragonfly Zone. Highlights include 27.43m of 4.08 g/t Au and 3.05m of 17.55 g/t Au, extending mineralization 40m west of previous discoveries. The company also reported progress on its fully permitted 14,000m drill campaign and disclosed comprehensive QA/QC procedures.

Reasoning: K2 Gold announced strong drill results from its Mojave Project, confirming and extending high-grade oxide gold mineralization with multiple significant intercepts, including bonanza grades. The successful step-back drilling indicates a robust and open mineralized system. While QA/QC is well-disclosed, the lack of true width information and presence of deleterious elements are noted.

Positive factors

  • High-grade gold intercepts, including bonanza grades.
  • Confirmation of multiple stacked high-grade oxide gold structures.
  • Successful 40m step-back drilling extends mineralization.
  • Mineralization remains open in all directions, indicating further potential.
  • Comprehensive QA/QC procedures disclosed, including QP sign-off and accredited lab.

Negative factors

  • True thickness of mineralization is currently unknown, potentially overstating apparent widths.
  • Presence of elevated deleterious elements (arsenic, antimony, thallium) noted.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 18

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 3.05m at 17.55 g/t Au in hole DF26-024 is exceptionally high-grade for an oxide gold system, well above the typical thresholds for open-pit gold deposits.

Evidence · table

“17.55”

Context: 3.05

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that '*Reported widths are from angled drill holes and are drilled/apparent widths; true thickness of mineralization is currently unknown.', indicating that true widths are not provided.

Evidence · table

“*Reported widths are from angled drill holes and are drilled/apparent widths; true thickness of mineralization is currently unknown.”

Context: *Reported widths are from angled drill holes and are drilled/apparent widths; true thickness of mineralization is currently unknown.

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill holes were 'drilled off the second pad... designed to target the down-dip and lateral extension of the exceptional 2020 intercept' and represent a '40m step back to the west of K2’s 2020 discovery intercept'.

Evidence · text

“40m step back to the west of K2’s 2020 discovery intercept”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details that technical information was prepared in accordance with NI 43-101 and reviewed by a QP, analytical work was performed by ALS Laboratories (an accredited provider), and QA/QC procedures included inserting blanks and certified assay standards.

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 and Vice President of Exploration. The analytical work for the 2026 drilling program was performed by ALS Laboratories (“ALS”) an internationally recognized and accredited analytical services provider. All samples were submitted to ALS’s Reno, Nevada facility, where they were prepared using procedure PREP-31Y (dry, crush entire sample to 2mm, rotary split and pulverize 250g to better than 85% passing 75 microns). Samples were then shipped to the ALS laboratory in North Vancouver, BC, Canada, where pulp samples were analysed for gold by method Au-ICP21, a 30-gram Fire Assay fusion with an ICP-AES finish. Samples returning >10 g/t Au by Fire Assay were subsequently analysed with method Au-GRA21, a 30-gram fire assay with a gravimetric finish. A 0.25g pulp was analysed by method ME-MS61, a 4-acid digestion and ICP-MS finish for 48 elements. Quality Assurance and Quality Control procedures include inserting coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%).”

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: The document states that 'Geochemical associations to Au include elevated As, Ag, Sb, Tl'.

Evidence · text

“Geochemical associations to Au include elevated As, Ag, Sb, Tl”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The document highlights the project's proximity to other known targets, stating 'The Dragonfly Zone is located 1.5km south of the undrilled Gold Valley target... 2km north of the Newmont target, and midway along the >6.5km long Eastside Gold Trend'.

Evidence · text

“The Dragonfly Zone is located 1.5km south of the undrilled Gold Valley target (rock samples to 375 g/t Au), 2km north of the Newmont target, and midway along the >6.5km long Eastside Gold Trend”

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (18)

DF26-021Mojave · goldGrade: 2.02Grade Unit: g/tIntercept: 32.01 mView all details
Link to this fact

Identity

Hole ID
DF26-021
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.02
Grade Unit
g/t
Intercept
32.01 m
From
50.29 m
To
82.3 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-021:50.29-82.3
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept confirms significant gold mineralization over a good width, contributing to the overall positive results of the program.

Positive factors

  • Significant intercept length of 32.01m.
  • Good grade for an oxide gold system (2.02 g/t Au).

Negative factors

  • True thickness unknown.

Evidence · table

“2.02”

Context: 32.01

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-021Mojave · goldGrade: 8.8Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-021
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
8.8
Grade Unit
g/t
Intercept
4.57 m
From
50.29 m
To
54.86 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-021:50.29-54.86
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This high-grade sub-interval significantly enhances the overall quality of the broader intercept, indicating strong mineralization.

Positive factors

  • High-grade sub-interval (8.80 g/t Au) within a broader zone.
  • Confirms high-grade potential of the system.

Negative factors

  • True thickness unknown.

Evidence · table

“8.80”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-021Mojave · goldGrade: 4.79Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
DF26-021
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
4.79
Grade Unit
g/t
Intercept
3.05 m
From
65.53 m
To
68.58 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-021:65.53-68.58
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Another high-grade sub-interval within the broader zone, further supporting the quality of mineralization.

Positive factors

  • Good grade (4.79 g/t Au) for a sub-interval.

Negative factors

  • True thickness unknown.

Evidence · table

“4.79”

Context: 3.05

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-021Mojave · goldGrade: 1.34Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
DF26-021
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.34
Grade Unit
g/t
Intercept
4.58 m
From
138.68 m
To
143.26 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-021:138.68-143.26
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept shows the presence of gold mineralization at a deeper level, though at a lower grade than the main zones.

Positive factors

  • Indicates continued mineralization at depth.

Negative factors

  • Lower grade compared to other intercepts.
  • True thickness unknown.

Evidence · table

“1.34”

Context: 4.58

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-021Mojave · goldGrade: 0.99Grade Unit: g/tIntercept: 7.62 mView all details
Link to this fact

Identity

Hole ID
DF26-021
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.99
Grade Unit
g/t
Intercept
7.62 m
From
156.97 m
To
164.59 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-021:156.97-164.59
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept shows the presence of gold mineralization at a deeper level, though at a lower grade than the main zones.

Positive factors

  • Indicates continued mineralization at depth.

Negative factors

  • Lower grade compared to other intercepts.
  • True thickness unknown.

Evidence · table

“0.99”

Context: 7.62

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-022Mojave · goldGrade: 2.6Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-022
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.6
Grade Unit
g/t
Intercept
4.57 m
From
71.63 m
To
76.2 m
Hole Depth
192.02 m
Intercept Depth
71.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-022:71.63-76.2
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept contributes to the overall positive picture of gold mineralization at Dragonfly.

Positive factors

  • Good grade (2.60 g/t Au) for the width.

Negative factors

  • True thickness unknown.

Evidence · table

“2.60”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-022Mojave · goldGrade: 1.63Grade Unit: g/tIntercept: 33.53 mView all details
Link to this fact

Identity

Hole ID
DF26-022
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.63
Grade Unit
g/t
Intercept
33.53 m
From
102.11 m
To
135.64 m
Hole Depth
192.02 m
Intercept Depth
71.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-022:102.11-135.64
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This broad intercept confirms significant gold mineralization over a substantial width, adding to the positive results.

Positive factors

  • Broad intercept length of 33.53m.
  • Good grade for an oxide gold system (1.63 g/t Au).

Negative factors

  • True thickness unknown.

Evidence · table

“1.63”

Context: 33.53

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-022Mojave · goldGrade: 4.97Grade Unit: g/tIntercept: 6.09 mView all details
Link to this fact

Identity

Hole ID
DF26-022
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
4.97
Grade Unit
g/t
Intercept
6.09 m
From
109.73 m
To
115.82 m
Hole Depth
192.02 m
Intercept Depth
71.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-022:109.73-115.82
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall quality of the broader intercept, indicating strong mineralization.

Positive factors

  • High-grade sub-interval (4.97 g/t Au) within a broader zone.

Negative factors

  • True thickness unknown.

Evidence · table

“4.97”

Context: 6.09

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-022Mojave · goldGrade: 3.67Grade Unit: g/tIntercept: 4.58 mView all details
Link to this fact

Identity

Hole ID
DF26-022
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
3.67
Grade Unit
g/t
Intercept
4.58 m
From
131.06 m
To
135.64 m
Hole Depth
192.02 m
Intercept Depth
71.63 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-022:131.06-135.64
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
70 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Another good grade sub-interval within the broader zone, supporting the quality of mineralization.

Positive factors

  • Good grade (3.67 g/t Au) for a sub-interval.

Negative factors

  • True thickness unknown.

Evidence · table

“3.67”

Context: 4.58

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-023Mojave · goldGrade: 2.29Grade Unit: g/tIntercept: 12.19 mView all details
Link to this fact

Identity

Hole ID
DF26-023
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.29
Grade Unit
g/t
Intercept
12.19 m
From
57.91 m
To
70.1 m
Hole Depth
192.02 m
Intercept Depth
57.91 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-023:57.91-70.1
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept contributes to the overall positive picture of gold mineralization at Dragonfly.

Positive factors

  • Good intercept length and grade.

Negative factors

  • True thickness unknown.

Evidence · table

“2.29”

Context: 12.19

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-023Mojave · goldGrade: 4.08Grade Unit: g/tIntercept: 27.43 mView all details
Link to this fact

Identity

Hole ID
DF26-023
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
4.08
Grade Unit
g/t
Intercept
27.43 m
From
82.3 m
To
109.73 m
Hole Depth
192.02 m
Intercept Depth
57.91 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-023:82.3-109.73
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This is a highly material intercept, demonstrating strong and continuous gold mineralization, supporting the project's potential.

Positive factors

  • Headline intercept with excellent grade (4.08 g/t Au) over a significant width (27.43m).
  • Confirms high-grade oxide gold structures.

Negative factors

  • True thickness unknown.

Evidence · table

“4.08”

Context: 27.43

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-023Mojave · goldGrade: 5.3Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-023
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
5.3
Grade Unit
g/t
Intercept
15.24 m
From
94.49 m
To
109.73 m
Hole Depth
192.02 m
Intercept Depth
57.91 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-023:94.49-109.73
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This high-grade sub-interval is a strong positive, indicating a core of very rich mineralization within the broader zone.

Positive factors

  • Very high-grade sub-interval (5.30 g/t Au) over a good width (15.24m).
  • Enhances the overall quality of the main intercept.

Negative factors

  • True thickness unknown.

Evidence · table

“5.30”

Context: 15.24

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-024Mojave · goldGrade: 17.55Grade Unit: g/tIntercept: 3.05 mView all details
Link to this fact

Identity

Hole ID
DF26-024
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
17.55
Grade Unit
g/t
Intercept
3.05 m
From
62.48 m
To
65.53 m
Hole Depth
192.02 m
Intercept Depth
62.48 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-024:62.48-65.53
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept represents an exceptionally high-grade zone, significantly boosting the overall prospectivity of the project.

Positive factors

  • Bonanza grade (17.55 g/t Au) over a good width (3.05m).
  • Indicates presence of very high-grade zones.

Negative factors

  • True thickness unknown.

Evidence · table

“17.55”

Context: 3.05

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-024Mojave · goldGrade: 2.03Grade Unit: g/tIntercept: 28.95 mView all details
Link to this fact

Identity

Hole ID
DF26-024
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.03
Grade Unit
g/t
Intercept
28.95 m
From
97.54 m
To
126.49 m
Hole Depth
192.02 m
Intercept Depth
62.48 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-024:97.54-126.49
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This broad intercept confirms significant gold mineralization over a substantial width, adding to the positive results.

Positive factors

  • Broad intercept length of 28.95m.
  • Good grade for an oxide gold system (2.03 g/t Au).

Negative factors

  • True thickness unknown.

Evidence · table

“2.03”

Context: 28.95

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-024Mojave · goldGrade: 3.03Grade Unit: g/tIntercept: 16.76 mView all details
Link to this fact

Identity

Hole ID
DF26-024
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
3.03
Grade Unit
g/t
Intercept
16.76 m
From
105.16 m
To
121.92 m
Hole Depth
192.02 m
Intercept Depth
62.48 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-024:105.16-121.92
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This sub-interval further supports the presence of consistent gold mineralization within the broader zone.

Positive factors

  • Good grade (3.03 g/t Au) over a significant width (16.76m) within a broader zone.

Negative factors

  • True thickness unknown.

Evidence · table

“3.03”

Context: 16.76

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF26-024Mojave · goldGrade: 0.57Grade Unit: g/tIntercept: 12.2 mView all details
Link to this fact

Identity

Hole ID
DF26-024
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
12.2 m
From
169.16 m
To
181.36 m
Hole Depth
192.02 m
Intercept Depth
62.48 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-024:169.16-181.36
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
432977
Northing
4039140
CRS
NAD83 Z11
EPSG
26911
Elevation
2184 m
Azimuth
35 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony, thallium

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This deeper intercept shows the presence of gold mineralization, albeit at a lower grade, extending the known mineralized footprint.

Positive factors

  • Indicates continued mineralization at deeper levels.

Negative factors

  • Lower grade compared to other intercepts.
  • True thickness unknown.

Evidence · table

“0.57”

Context: 12.20

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF20-002Mojave · goldGrade: 1.63Grade Unit: g/tIntercept: 33.53 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF20-002
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.63
Grade Unit
g/t
Intercept
33.53 m
From
109.73 m
To
143.26 m

Classification

Sample Type
drill

Location

Location
Dragonfly Zone
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept confirms significant gold mineralization over a good width, contributing to the overall positive results of the program.

Positive factors

  • Significant intercept length of 32.01m.
  • Good grade for an oxide gold system (2.02 g/t Au).

Negative factors

  • True thickness unknown.

Evidence · text

“33.53m of 1.63 g/t Au was intersected at 102.11m, including 6.09m of 4.97 g/t Au from 109.73m”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

DF20-002Mojave · goldGrade: 3.67Grade Unit: g/tIntercept: 4.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF20-002
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
3.67
Grade Unit
g/t
Intercept
4.58 m
From
94.49 m
To
99.07 m

Classification

Sample Type
drill

Location

Location
Dragonfly Zone
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: This intercept confirms significant gold mineralization over a good width, contributing to the overall positive results of the program.

Positive factors

  • Significant intercept length of 32.01m.
  • Good grade for an oxide gold system (2.02 g/t Au).

Negative factors

  • True thickness unknown.

Evidence · text

“4.58m of 3.67 g/t Au from 94.49m”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Read More August 18, 2026 07:00 ET | Source: K2 Gold Corporation K2 Drills High-Grade Gold at Mojave Project: DF26-020 3"

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.