K2 Drills 53.34m of 2.00 g/t Au at Dragonfly, Including High-Grade Oxide Core of 15.24m of 5.33 g/t Au

Original announcement by globenewswire on

Company
K2 Gold Corporation
Ticker
KTO
Exchange
Unavailable
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-22 12:48:53 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

K2 Gold Corporation announced high-grade gold drill results from four holes at its Dragonfly Zone within the Mojave Project in California. Hole DF26-028 intersected 53.34m of 2.00 g/t Au, including 15.24m of 5.33 g/t Au, extending mineralization to the south. The results confirm multiple stacked oxide gold structures that remain open in all directions, with a fully permitted and funded 14,000m drill campaign underway.

Reasoning: K2 Gold announced strong drill results from its Dragonfly Zone, including high-grade oxide gold intercepts that extend mineralization to the south. The program confirms multiple stacked structures and is fully permitted and funded, indicating positive progress, though true widths are not yet determined.

Positive factors

  • High-grade oxide gold intercepts, including bonanza grades
  • Extension of mineralization to the south into previously untested ground
  • Multiple stacked gold-bearing structures confirmed and open in all directions
  • Comprehensive QA/QC procedures disclosed
  • Fully permitted and funded drill program

Negative factors

  • True width of mineralization is unknown

Facts used in scoring: 16

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: DF26-028 returned 15.24m of 5.33 g/t Au, which is an exceptionally high-grade zone for an open-pit gold deposit.

Evidence · table

“5.33”

Context: 15.24

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states that reported widths are drilled/apparent widths and true thickness is currently unknown.

Evidence · text

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

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 QA/QC procedures, including certified lab (ALS), QP sign-off, and methods (blanks, standards, duplicates).

Evidence · text

“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. Samples returning 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%). K2 personnel placed samples in sealed bags and shipped them to ALS.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: DF26-028 extended the known mineralization southward into previously untested ground.

Evidence · text

“This high-grade interval in the southernmost hole drilled at Dragonfly to date extends the known mineralization southward and highlights the potential for additional gold mineralization beneath weakly mineralized surface exposures.”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

DF26-025Mojave · goldGrade: 0.23Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
15.24 m
From
7.62 m
To
22.86 m
Hole Depth
192.02 m
Intercept Depth
7.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:7.62-22.86
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows low-grade gold, which is not particularly material on its own, but contributes to the overall understanding of the mineralized system.

Negative factors

  • Low grade for gold

Evidence · table

“0.23”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-025Mojave · goldGrade: 1.16Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
15.24 m
From
68.58 m
To
83.82 m
Hole Depth
192.02 m
Intercept Depth
68.58 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:68.58-83.82
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, contributing positively to the overall understanding of the deposit.

Evidence · table

“1.16”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-025Mojave · goldGrade: 1.25Grade Unit: g/tIntercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
18.29 m
From
100.58 m
To
118.87 m
Hole Depth
192.02 m
Intercept Depth
100.58 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:100.58-118.87
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a reasonable width, contributing positively to the overall understanding of the deposit.

Evidence · table

“1.25”

Context: 18.29

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 1.29Grade Unit: g/tIntercept: 38.1 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
38.1 m
From
50.29 m
To
88.39 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:50.29-88.39
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold grade over a significant width, indicating a broad mineralized zone.

Positive factors

  • Good width of mineralization

Evidence · table

“1.29”

Context: 38.10

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 3.29Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
3.29
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
DF26-026:50.29-54.86
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, indicating a strong mineralized zone within the broader alteration envelope.

Positive factors

  • High-grade gold intercept

Evidence · table

“3.29”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 3.75Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
3.75
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
DF26-026:71.63-76.2
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade gold intercept, indicating a strong mineralized zone within the broader alteration envelope.

Positive factors

  • High-grade gold intercept

Evidence · table

“3.75”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 0.71Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
4.57 m
From
140.21 m
To
144.78 m
Hole Depth
192.02 m
Intercept Depth
140.21 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:140.21-144.78
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows a low-to-moderate gold grade over a narrow width, contributing to the overall understanding of the mineralized system.

Evidence · table

“0.71”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
15.24 m
From
9.14 m
To
24.38 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:9.14-24.38
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows low-grade gold, which is not particularly material on its own, but contributes to the overall understanding of the mineralized system.

Negative factors

  • Low grade for gold

Evidence · table

“0.33”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 2.07Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.07
Grade Unit
g/t
Intercept
6.1 m
From
60.96 m
To
67.06 m
Hole Depth
192.02 m
Intercept Depth
60.96 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:60.96-67.06
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows a moderate-to-high gold grade over a narrow width, indicating a localized mineralized zone.

Positive factors

  • Moderate-to-high grade gold intercept

Evidence · table

“2.07”

Context: 6.10

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.54Grade Unit: g/tIntercept: 7.62 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
7.62 m
From
83.82 m
To
91.44 m
Hole Depth
192.02 m
Intercept Depth
83.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:83.82-91.44
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
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
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows a low-to-moderate gold grade over a narrow width, contributing to the overall understanding of the mineralized system.

Evidence · table

“0.54”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.54Grade Unit: g/tIntercept: 68.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
68.58 m
From
114.3 m
To
182.88 m
Hole Depth
192.02 m
Intercept Depth
114.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:114.3-182.88
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
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
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows a broad width of low-to-moderate gold grade, indicating a significant alteration envelope at depth.

Positive factors

  • Broad width of mineralization

Evidence · table

“0.54”

Context: 68.58

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 13.72 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
13.72 m
From
9.14 m
To
22.86 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:9.14-22.86
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows low-grade gold, which is not particularly material on its own, but contributes to the overall understanding of the mineralized system.

Negative factors

  • Low grade for gold

Evidence · table

“0.33”

Context: 13.72

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 2.11Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2.11
Grade Unit
g/t
Intercept
4.57 m
From
44.2 m
To
48.77 m
Hole Depth
192.02 m
Intercept Depth
44.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:44.2-48.77
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
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
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows a moderate-to-high gold grade over a narrow width, indicating a localized mineralized zone.

Positive factors

  • Moderate-to-high grade gold intercept

Evidence · table

“2.11”

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

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 2Grade Unit: g/tIntercept: 53.34 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
2
Grade Unit
g/t
Intercept
53.34 m
From
70.1 m
To
123.44 m
Hole Depth
192.02 m
Intercept Depth
70.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:70.1-123.44
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is a significant intercept with good gold grade over a broad width, extending the known mineralization. The presence of arsenic and antimony is noted as a potential deleterious element concern.

Positive factors

  • Significant width of mineralization
  • Good gold grade for an open-pit target
  • Extends mineralization to the south

Negative factors

  • Presence of deleterious elements (arsenic, antimony)

Evidence · table

“2.00”

Context: 53.34

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 5.33Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
5.33
Grade Unit
g/t
Intercept
15.24 m
From
82.3 m
To
97.54 m
Hole Depth
192.02 m
Intercept Depth
82.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:82.3-97.54
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This is an exceptionally high-grade gold intercept over a significant width, representing a bonanza grade for an open-pit target and significantly extending mineralization. The presence of arsenic and antimony is noted as a potential deleterious element concern.

Positive factors

  • Exceptional high-grade gold intercept
  • Bonanza grade for an open-pit target
  • Extends mineralization to the south

Negative factors

  • Presence of deleterious elements (arsenic, antimony)

Evidence · table

“5.33”

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · silverGrade: 4.8Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
silver
Region
california
Reported Region
california
Ticker
KTO

Geometry

Grade
4.8
Grade Unit
g/t
Intercept
15.24 m
From
82.3 m
To
97.54 m
Hole Depth
192.02 m
Intercept Depth
82.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:82.3-97.54
Mining Method
open_pit

Location

Location
Dragonfly Zone
Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This silver grade is low and likely a byproduct, but its presence is noted alongside the high-grade gold interval.

Negative factors

  • Low silver grade

Evidence · text

“arsenic-antimony barium-rich interval that also contains silver up to 4.80 g/t”

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: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

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.