K2 Drills High-Grade Gold at Mojave Project: DF26-020 39.62m of 5.35 g/t Au; DF26-019 10.67m of 7.75 g/t Au; DF26-018 18.29m of 3.77 g/t Au
Original announcement by globenewswire on
- Company
- K2 Gold Corporation
- Ticker
- KTO
- Exchange
- Unavailable
- Region
- Inyo County, California
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-12 02:33:15 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
K2 Gold Corporation announced high-grade gold drill results from the first three holes at its Mojave Project's Dragonfly Zone in Inyo County, California. Highlights include 39.62m of 5.35 g/t Au in hole DF26-020, 10.67m of 7.75 g/t Au in DF26-019, and 18.29m of 3.77 g/t Au in DF26-018. These results represent a 40-meter step-out from previous discoveries, confirming a high-grade oxide gold system that remains open along strike and at depth.
Reasoning: K2 Gold's initial drill results from the Mojave Project's Dragonfly Zone are highly positive, with multiple high-grade oxide gold intercepts, including a bonanza-grade interval in DF26-020. The successful step-out drilling extends known mineralization and indicates a robust, open-ended system. While true widths are yet to be determined, the grades and widths reported are significant for an oxide gold project.
Positive factors
- High-grade gold intercepts, particularly in DF26-020 and DF26-019, exceed exceptional thresholds for open-pit gold.
- Successful 40-meter step-out drilling extends known mineralization in the Dragonfly Zone.
- All three holes intersected previously unknown gold zones, indicating potential for further discovery.
- The drilling confirms a high-grade oxide gold system, which is generally amenable to lower-cost processing.
- Comprehensive QA/QC procedures are disclosed, including QP sign-off, accredited lab, and use of blanks and standards.
Negative factors
- True widths of the mineralized structures are currently unknown, meaning reported intercept lengths may not represent true thickness.
Facts used in scoring: 15
Extracted facts
Stored fact records: 15. Some facts used in scoring do not have a stored record.
Drill Results (15)
DF26-018Mojave · goldGrade: 3.77Grade Unit: g/tIntercept: 18.29 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 3.77
- Grade Unit
- g/t
- Intercept
- 18.29 m
- From
- 27.43 m
- To
- 45.72 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:27.43-45.72
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: Hole DF26-018 returned a strong gold intercept, contributing to the overall positive results of the step-out drilling program at the Dragonfly Zone. The grade is significant for an oxide gold system, though true width is not yet determined.
Positive factors
- High-grade gold intercept (3.77 g/t Au) is strong for open-pit gold.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“3.77”
Context: 18.29
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-018Mojave · goldGrade: 7.48Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 7.48
- Grade Unit
- g/t
- Intercept
- 7.62 m
- From
- 32 m
- To
- 39.62 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:32-39.62
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This sub-interval within DF26-018 represents an exceptional high-grade zone, significantly enhancing the overall positive outcome of the hole and the step-out program at Dragonfly Zone.
Positive factors
- High-grade gold intercept (7.48 g/t Au) is exceptional for open-pit gold, indicating a bonanza zone within the broader intercept.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.48”
Context: 7.62
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The grade of 7.48 g/t Au over 7.62m is exceptional for an open-pit gold target.
Evidence · table
“7.48”
Context: 7.62
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-018Mojave · goldGrade: 0.43Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.43
- Grade Unit
- g/t
- Intercept
- 7.62 m
- From
- 96.01 m
- To
- 103.63 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:96.01-103.63
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-018 is low-grade, but still contributes to understanding the overall mineralized system in the step-out area.
Negative factors
- Grade (0.43 g/t Au) is weak for open-pit gold.
Evidence · table
“0.43”
Context: 7.62
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-018Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 24.39 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.33
- Grade Unit
- g/t
- Intercept
- 24.39 m
- From
- 118.87 m
- To
- 143.26 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:118.87-143.26
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-018 is low-grade, but still contributes to understanding the overall mineralized system in the step-out area.
Negative factors
- Grade (0.33 g/t Au) is weak for open-pit gold.
Evidence · table
“0.33”
Context: 24.39
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-018Mojave · goldGrade: 1.67Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 1.67
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 118.87 m
- To
- 121.92 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 27.43 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:118.87-121.92
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This sub-interval within DF26-018 shows a stronger gold grade, contributing positively to the overall understanding of the mineralized system in the step-out area.
Positive factors
- Grade (1.67 g/t Au) is strong for open-pit gold, indicating a higher-grade zone within the broader intercept.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.67”
Context: 3.05
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-019Mojave · goldGrade: 7.75Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 7.75
- Grade Unit
- g/t
- Intercept
- 10.67 m
- From
- 16.76 m
- To
- 27.43 m
- Hole Depth
- 190.5 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-019:16.76-27.43
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -50 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: Hole DF26-019 delivered an exceptional high-grade gold intercept at a shallow depth, significantly enhancing the prospectivity of the Dragonfly Zone and confirming the success of the step-out drilling.
Positive factors
- High-grade gold intercept (7.75 g/t Au) is exceptional for open-pit gold, indicating a bonanza zone.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
- Shallow depth of intercept (from 16.76m) is favorable for potential open-pit mining.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.75”
Context: 10.67
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The grade of 7.75 g/t Au over 10.67m is exceptional for an open-pit gold target.
Evidence · table
“7.75”
Context: 10.67
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-019Mojave · goldGrade: 1.85Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 1.85
- Grade Unit
- g/t
- Intercept
- 7.62 m
- From
- 77.72 m
- To
- 85.34 m
- Hole Depth
- 190.5 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-019:77.72-85.34
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -50 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-019 shows a strong gold grade, contributing positively to the overall understanding of the mineralized system in the step-out area.
Positive factors
- Grade (1.85 g/t Au) is strong for open-pit gold.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.85”
Context: 7.62
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-019Mojave · goldGrade: 2.27Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 2.27
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 94.49 m
- To
- 97.54 m
- Hole Depth
- 190.5 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-019:94.49-97.54
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -50 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-019 shows a strong gold grade, further contributing to the positive results of the step-out program.
Positive factors
- Grade (2.27 g/t Au) is strong for open-pit gold.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“2.27”
Context: 3.05
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-019Mojave · goldGrade: 0.55Grade Unit: g/tIntercept: 16.76 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.55
- Grade Unit
- g/t
- Intercept
- 16.76 m
- From
- 114.3 m
- To
- 131.06 m
- Hole Depth
- 190.5 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-019:114.3-131.06
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -50 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-019 is of moderate grade, but its width adds to the overall mineralized footprint in the step-out area.
Positive factors
- Intercept contributes to understanding the extent of mineralization.
Negative factors
- Grade (0.55 g/t Au) is moderate for open-pit gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.55”
Context: 16.76
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-019Mojave · goldGrade: 1.69Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 1.69
- Grade Unit
- g/t
- Intercept
- 4.57 m
- From
- 114.3 m
- To
- 118.87 m
- Hole Depth
- 190.5 m
- Intercept Depth
- 16.76 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-019:114.3-118.87
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -50 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This sub-interval within DF26-019 shows a stronger gold grade, contributing positively to the overall understanding of the mineralized system in the step-out area.
Positive factors
- Grade (1.69 g/t Au) is strong for open-pit gold, indicating a higher-grade zone within the broader intercept.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.69”
Context: 4.57
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-020Mojave · goldGrade: 0.51Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 4.57 m
- From
- 0 m
- To
- 4.57 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:0-4.57
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This shallow intercept in DF26-020, though moderate grade, indicates near-surface mineralization in a new area, which is positive for the step-out program.
Positive factors
- Intercept from surface (0m) is favorable for potential open-pit mining.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
Negative factors
- Grade (0.51 g/t Au) is moderate for open-pit gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.51”
Context: 4.57
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-020Mojave · goldGrade: 5.35Grade Unit: g/tIntercept: 39.62 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 5.35
- Grade Unit
- g/t
- Intercept
- 39.62 m
- From
- 51.82 m
- To
- 91.44 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:51.82-91.44
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: Hole DF26-020 delivered an exceptional and wide high-grade gold intercept, representing a significant discovery and strongly validating the step-out drilling at the Dragonfly Zone.
Positive factors
- High-grade gold intercept (5.35 g/t Au) is exceptional for open-pit gold, indicating a bonanza zone.
- Significant intercept length (39.62m) adds substantial contained gold.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“5.35”
Context: 39.62
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The grade of 5.35 g/t Au over 39.62m is exceptional for an open-pit gold target.
Evidence · table
“5.35”
Context: 39.62
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-020Mojave · goldGrade: 7.14Grade Unit: g/tIntercept: 25.91 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 7.14
- Grade Unit
- g/t
- Intercept
- 25.91 m
- From
- 62.48 m
- To
- 88.39 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:62.48-88.39
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This sub-interval within DF26-020 represents an exceptional and wide high-grade gold zone, further solidifying the positive results of the hole and the step-out program at Dragonfly Zone.
Positive factors
- High-grade gold intercept (7.14 g/t Au) is exceptional for open-pit gold, indicating a bonanza zone within the broader intercept.
- Significant intercept length (25.91m) adds substantial contained gold.
- Intercept is part of a successful step-out drilling program, extending known mineralization.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.14”
Context: 25.91
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Bonanza InterceptRejected · positive
Exceptionally high-grade zone, well above the deposit-type norm.
Reason: The grade of 7.14 g/t Au over 25.91m is exceptional for an open-pit gold target.
Evidence · table
“7.14”
Context: 25.91
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-020Mojave · goldGrade: 0.62Grade Unit: g/tIntercept: 3.04 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.62
- Grade Unit
- g/t
- Intercept
- 3.04 m
- From
- 128.02 m
- To
- 131.06 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:128.02-131.06
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-020 is of moderate grade, but its presence adds to the overall mineralized footprint in the step-out area.
Positive factors
- Intercept contributes to understanding the extent of mineralization.
Negative factors
- Grade (0.62 g/t Au) is moderate for open-pit gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.62”
Context: 3.04
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
DF26-020Mojave · goldGrade: 0.28Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- inyo county, california
- Reported Region
- inyo county, california
- Ticker
- KTO
Geometry
- Grade
- 0.28
- Grade Unit
- g/t
- Intercept
- 10.67 m
- From
- 155.45 m
- To
- 166.12 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:155.45-166.12
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept in DF26-020 is low-grade, but its presence adds to the overall mineralized footprint in the step-out area.
Positive factors
- Intercept contributes to understanding the extent of mineralization.
Negative factors
- Grade (0.28 g/t Au) is weak for open-pit gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.28”
Context: 10.67
Tags used in scoring
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: "K2 Drills High-Grade Gold at Mojave Project: DF26-020 Accessibility: Skip TopNav Consumer Products and Services News Aut"
Rejected tags
Rejected tags — excluded from scoring because their label or evidence could not be verified.
Apparent Width OnlyRejected · negative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Reason: The document explicitly states that 'Reported widths are drilled widths and may not represent true thickness at this time.'
Evidence · text
“*Reported widths are drilled widths and may not represent true thickness at this time.”
QA/QC DisclosedRejected · positive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Reason: The release details QA/QC procedures, including QP sign-off, accredited lab, and use of blanks and 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 the insertion of coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%). Samples were placed in sealed bags and shipped to ALS by K2 personnel.”
Step-Out ExtensionRejected · positive
Mineralization extended beyond the previously known limit.
Reason: The hole is described as part of a '40-metre step north from K2’s 2020 highlight hole' and 'first drilling conducted in this segment of the Dragonfly Zone'.
Evidence · text
“Importantly, these first three holes represent a 40-metre step-out into previously untested ground, demonstrating the potential to extend mineralization beyond our previous drilling.”
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.