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 tmx on
- Company
- Unavailable
- Ticker
- KTO
- Exchange
- TSX
- Region
- California
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-18 06:23:46 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. Hole DF26-020 returned 39.62m of 5.35 g/t Au, including 25.91m of 7.14 g/t Au, while DF26-019 intersected 10.67m of 7.75 g/t Au, and DF26-018 yielded 18.29m of 3.77 g/t Au. These results represent a 40-metre step-out into previously untested ground, confirming a high-grade oxide gold system and extending mineralization. The company has completed 15 holes to date as part of a 14,000-metre campaign, with assays pending for 12 additional holes.
Reasoning: The document reports exceptional high-grade gold drill results from step-out drilling at the Mojave Project, extending known mineralization into previously untested areas. The grades and widths are highly material for an oxide gold system, indicating significant potential. While true widths are unknown, the overall results are very positive.
Positive factors
- High-grade gold intercepts, including bonanza grades, significantly exceed typical thresholds for epithermal deposits.
- Significant step-out drilling successfully extended mineralization into previously untested ground, demonstrating potential for growth.
- The presence of a broad, high-grade oxide gold system suggests potential for open-pittable mineralization.
- QA/QC procedures are disclosed, including accredited lab, QP sign-off, and use of blanks and standards, enhancing data credibility.
Negative factors
- True widths of the mineralized structures are currently unknown, which may overstate the actual thickness of the intercepts.
- Cut-off grades for compositing are not disclosed, limiting transparency on interval methodology.
Facts used in scoring: 19
Extracted facts
Stored fact records: 19. Some facts used in scoring do not have a stored record.
Drill Results (19)
DF26-018Mojave · goldGrade: 0.61Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- california
- Ticker
- KTO
Geometry
- Grade
- 0.61
- Grade Unit
- g/t
- Intercept
- 3.05 m
- From
- 0 m
- To
- 3.05 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-018:0-3.05
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept represents a new, shallow gold zone, but the grade is relatively low compared to the main intercepts.
Positive factors
- Discovery of a previously unknown gold zone at surface.
Negative factors
- Grade is below typical economic thresholds for gold.
Evidence · text
“Hole DF26-018 drilled through a previously unknown gold zone and silicified conglomerate at surface to 3.05m with grade up to 0.61 g/t Au”
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: "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"
DF26-018Mojave · goldGrade: 3.77Grade Unit: g/tIntercept: 18.29 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- 0 m
Classification
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This is a strong gold intercept from a step-out hole, indicating good continuity and potential for the system, though true width is not yet determined.
Positive factors
- Strong gold grade (3.77 g/t Au) over a significant width (18.29m).
- Intercept contributes to extending mineralization in a step-out hole.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“3.77”
Context: 18.29
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-018Mojave · goldGrade: 7.48Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- 0 m
Classification
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This 'including' interval highlights a very high-grade core within the broader intercept, significantly enhancing the overall prospectivity of the hole.
Positive factors
- Exceptional gold grade (7.48 g/t Au) over a good width (7.62m) within a broader mineralized zone.
- Indicates high-grade core within the main intercept.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.48”
Context: 7.62
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 7.48 g/t Au is well above the 5 g/t exceptional threshold for open pit gold.
Evidence · table
“7.48”
Context: 7.62
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-018Mojave · goldGrade: 0.43Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- 0 m
Classification
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept shows additional mineralization but at a low grade, suggesting broader alteration or a halo rather than a high-grade zone.
Positive factors
- Indicates additional mineralization at depth.
Negative factors
- Grade is low, near the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.43”
Context: 7.62
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-018Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 24.39 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- 0 m
Classification
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This broad intercept shows low-grade mineralization at depth, suggesting a wider mineralized envelope, but not a high-grade target.
Positive factors
- Indicates additional mineralization at depth over a broad width.
Negative factors
- Grade is low, at the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.33”
Context: 24.39
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-018Mojave · goldGrade: 1.67Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- 0 m
Classification
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This 'including' interval shows a higher-grade section within the broader low-grade intercept, indicating some internal variability.
Positive factors
- Moderate gold grade (1.67 g/t Au) within a broader low-grade zone.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.67”
Context: 3.05
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-019Mojave · goldGrade: 7.75Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This is an exceptional high-grade gold intercept, demonstrating strong mineralization in a step-out hole and significantly enhancing the project's potential.
Positive factors
- Exceptional gold grade (7.75 g/t Au) over a significant width (10.67m).
- Contributes to extending mineralization in a step-out hole.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.75”
Context: 10.67
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 7.75 g/t Au is well above the 5 g/t exceptional threshold for open pit gold.
Evidence · table
“7.75”
Context: 10.67
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-019Mojave · goldGrade: 1.85Grade Unit: g/tIntercept: 7.62 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept shows moderate-grade mineralization at a deeper level, indicating continuity of the system.
Positive factors
- Moderate gold grade (1.85 g/t Au) over a good width (7.62m).
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.85”
Context: 7.62
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-019Mojave · goldGrade: 2.27Grade Unit: g/tIntercept: 3.05 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This narrow intercept shows moderate-grade mineralization, contributing to the overall understanding of the system's continuity.
Positive factors
- Moderate gold grade (2.27 g/t Au) over a narrow width.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“2.27”
Context: 3.05
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-019Mojave · goldGrade: 0.55Grade Unit: g/tIntercept: 16.76 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This broad intercept shows low-grade mineralization at depth, suggesting a wider mineralized envelope, but not a high-grade target.
Positive factors
- Indicates additional mineralization at depth over a broad width.
Negative factors
- Grade is low, near the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.55”
Context: 16.76
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-019Mojave · goldGrade: 1.69Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- DF26-019
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This 'including' interval shows a higher-grade section within the broader low-grade intercept, indicating some internal variability.
Positive factors
- Moderate gold grade (1.69 g/t Au) within a broader low-grade zone.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“1.69”
Context: 4.57
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-020Mojave · goldGrade: 0.96Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- california
- Ticker
- KTO
Geometry
- Grade
- 0.96
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 0 m
- To
- 6.1 m
- Hole Depth
- 192.02 m
- Intercept Depth
- 0 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Group ID
- DF26-020:0-6.1
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Easting
- 433020
- Northing
- 4039197
- CRS
- UTM NAD83 Z11
- Elevation
- 2196 m
- Azimuth
- 70 °
- Dip
- -85 °
- 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept represents a new, shallow gold zone, but the grade is relatively low compared to the main intercepts.
Positive factors
- Discovery of a previously unknown gold zone at surface.
Negative factors
- Grade is below typical economic thresholds for gold.
Evidence · text
“Hole DF26-020, also collared from the same pad with a -85 inclination, drilled through the same previously unknown gold zone for 6.1m with grade to 0.96 g/t Au.”
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: "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"
DF26-020Mojave · goldGrade: 0.51Grade Unit: g/tIntercept: 4.57 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This shallow intercept shows low-grade mineralization, consistent with the previously unknown gold zone mentioned in prose.
Positive factors
- Indicates shallow mineralization.
Negative factors
- Grade is low, at the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.51”
Context: 4.57
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-020Mojave · goldGrade: 5.35Grade Unit: g/tIntercept: 39.62 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This is an exceptional high-grade and wide gold intercept, representing a highly material result for the project and confirming the presence of a robust oxide gold system.
Positive factors
- Exceptional gold grade (5.35 g/t Au) over a very significant width (39.62m).
- High grade-width product (212 g/t*m) indicates strong mineralization.
- Contributes to extending mineralization in a step-out hole.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“5.35”
Context: 39.62
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 5.35 g/t Au is above the 5 g/t exceptional threshold for open pit gold.
Evidence · table
“5.35”
Context: 39.62
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-020Mojave · goldGrade: 7.14Grade Unit: g/tIntercept: 25.91 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This 'including' interval represents a bonanza-grade core within the broader exceptional intercept, significantly boosting the overall prospectivity of the hole.
Positive factors
- Exceptional gold grade (7.14 g/t Au) over a very significant width (25.91m) within a broader mineralized zone.
- Indicates a high-grade core within the main intercept.
Negative factors
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“7.14”
Context: 25.91
Tags used in scoring
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 7.14 g/t Au is well above the 5 g/t exceptional threshold for open pit gold.
Evidence · table
“7.14”
Context: 25.91
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-020Mojave · goldGrade: 0.62Grade Unit: g/tIntercept: 3.04 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept shows additional mineralization but at a low grade, suggesting broader alteration or a halo rather than a high-grade zone.
Positive factors
- Indicates additional mineralization at depth.
Negative factors
- Grade is low, near the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.62”
Context: 3.04
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-020Mojave · goldGrade: 0.28Grade Unit: g/tIntercept: 10.67 mView all detailsHide details
Identity
- Hole ID
- DF26-020
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- 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
- Deposit Type
- epithermal
- 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. 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
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept shows very low-grade mineralization at depth, suggesting the extent of the mineralized system but not a high-grade target.
Positive factors
- Indicates additional mineralization at depth.
Negative factors
- Grade is very low, below the weak threshold for gold.
- True width is unknown, potentially overstating the actual thickness.
Evidence · table
“0.28”
Context: 10.67
Tags used in scoring
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF20-002Mojave · goldGrade: 6.68Grade Unit: g/tIntercept: 45.72 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DF20-002
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- california
- Ticker
- KTO
Geometry
- Grade
- 6.68
- Grade Unit
- g/t
- Intercept
- 45.72 m
Classification
- Deposit Type
- epithermal
- Program
- exploration
- Sample Type
- drill
- Mining Method
- open_pit
Location
- Location
- Dragonfly Zone
- Loc. Confidence
- inferred
- Loc. Source
- document
QA/QC
- QA/QC Disclosed
- Yes
- Lab Certified
- No
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Metal Equivalent
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-11-30T00:00:00.000Z
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This historical intercept is very strong and serves as a benchmark for the current drilling, but it is not new information from this release.
Positive factors
- Exceptional historical gold grade over a significant width.
Negative factors
- This is historical data, not new information.
- True width is unknown, potentially overstating the actual thickness.
Evidence · text
“DF20-002: 45.72m of 6.68 g/t Au”
Tags used in scoring
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Evidence · text
“DF20-002: 45.72m of 6.68 g/t Au (see K2 release of November 30, 2020 )”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 6.68 g/t Au is above the 5 g/t exceptional threshold for open pit gold.
Evidence · text
“6.68 g/t Au”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Evidence · text
“At present time, true widths of the mineralized structures at Dragonfly are unknown.”
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: "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"
DF26-018Mojave · goldGrade: 7.14Grade Unit: g/tIntercept: 25.91 mView all detailsHide details
Identity
- Hole ID
- DF26-018
- Project
- Mojave
- Commodity
- gold
- Region
- california
- Reported Region
- california
- Ticker
- KTO
Geometry
- Grade
- 7.14
- Grade Unit
- g/t
- Intercept
- 25.91 m
- Hole Depth
- 192.02 m
Classification
- Deposit Type
- epithermal
- Sample Type
- drill
Location
- Azimuth
- 70 °
- Dip
- -70 °
QA/QC
- Laboratory
- ALS Laboratories
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: This intercept represents a new, shallow gold zone, but the grade is relatively low compared to the main intercepts.
Positive factors
- Discovery of a previously unknown gold zone at surface.
Negative factors
- Grade is below typical economic thresholds for gold.
Evidence · text
“including 25.91 m of 7.14 g/t Au”
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: "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"
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.