# K2 Drills High-Grade Gold at Mojave Project:&amp;\#xA0;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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1

Original source: https://money.tmx.com/en/quote/KTO/news/8217838775270604/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d

Publisher: tmx

Original announcement: 2026-08-18T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercepts, including bonanza grades, significantly exceed typical thresholds for epithermal deposits.

- Positive factor: Significant step-out drilling successfully extended mineralization into previously untested ground, demonstrating potential for growth.

- Positive factor: The presence of a broad, high-grade oxide gold system suggests potential for open-pittable mineralization.

- Positive factor: QA/QC procedures are disclosed, including accredited lab, QP sign-off, and use of blanks and standards, enhancing data credibility.

- Negative factor: True widths of the mineralized structures are currently unknown, which may overstate the actual thickness of the intercepts.

- Negative factor: Cut-off grades for compositing are not disclosed, limiting transparency on interval methodology.

Facts used in scoring: 19

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

## Drill Results (19)

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-0)

Mojave · gold

#### 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 factor: Discovery of a previously unknown gold zone at surface.

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-1)

Mojave · gold

#### 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 factor: Strong gold grade \(3.77 g/t Au\) over a significant width \(18.29m\).

- Positive factor: Intercept contributes to extending mineralization in a step-out hole.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 3.77

Context: 18.29

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-2)

Mojave · gold

#### 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 factor: Exceptional gold grade \(7.48 g/t Au\) over a good width \(7.62m\) within a broader mineralized zone.

- Positive factor: Indicates high-grade core within the main intercept.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 7.48

Context: 7.62

#### Tags used in scoring

**Bonanza Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-3)

Mojave · gold

#### 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 factor: Indicates additional mineralization at depth.

- Negative factor: Grade is low, near the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.43

Context: 7.62

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-4)

Mojave · gold

#### 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 factor: Indicates additional mineralization at depth over a broad width.

- Negative factor: Grade is low, at the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.33

Context: 24.39

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-5)

Mojave · gold

#### 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 factor: Moderate gold grade \(1.67 g/t Au\) within a broader low-grade zone.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 1.67

Context: 3.05

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-6)

Mojave · gold

#### 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 factor: Exceptional gold grade \(7.75 g/t Au\) over a significant width \(10.67m\).

- Positive factor: Contributes to extending mineralization in a step-out hole.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 7.75

Context: 10.67

#### Tags used in scoring

**Bonanza Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-7)

Mojave · gold

#### 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 factor: Moderate gold grade \(1.85 g/t Au\) over a good width \(7.62m\).

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 1.85

Context: 7.62

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-8)

Mojave · gold

#### 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 factor: Moderate gold grade \(2.27 g/t Au\) over a narrow width.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 2.27

Context: 3.05

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-9)

Mojave · gold

#### 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 factor: Indicates additional mineralization at depth over a broad width.

- Negative factor: Grade is low, near the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.55

Context: 16.76

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-10)

Mojave · gold

#### 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 factor: Moderate gold grade \(1.69 g/t Au\) within a broader low-grade zone.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 1.69

Context: 4.57

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-11)

Mojave · gold

#### 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 factor: Discovery of a previously unknown gold zone at surface.

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-12)

Mojave · gold

#### 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 factor: Indicates shallow mineralization.

- Negative factor: Grade is low, at the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.51

Context: 4.57

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-13)

Mojave · gold

#### 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 factor: Exceptional gold grade \(5.35 g/t Au\) over a very significant width \(39.62m\).

- Positive factor: High grade-width product \(212 g/t\*m\) indicates strong mineralization.

- Positive factor: Contributes to extending mineralization in a step-out hole.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 5.35

Context: 39.62

#### Tags used in scoring

**Bonanza Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-14)

Mojave · gold

#### 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 factor: Exceptional gold grade \(7.14 g/t Au\) over a very significant width \(25.91m\) within a broader mineralized zone.

- Positive factor: Indicates a high-grade core within the main intercept.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 7.14

Context: 25.91

#### Tags used in scoring

**Bonanza Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-15)

Mojave · gold

#### 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 factor: Indicates additional mineralization at depth.

- Negative factor: Grade is low, near the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.62

Context: 3.04

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-020

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-16)

Mojave · gold

#### 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 factor: Indicates additional mineralization at depth.

- Negative factor: Grade is very low, below the weak threshold for gold.

- Negative factor: True width is unknown, potentially overstating the actual thickness.

Evidence · table

> 0.28

Context: 10.67

#### Tags used in scoring

**Apparent Width Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF20-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-17)

Mojave · gold

Historical result

Needs review: historical\_restatement

#### 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 factor: Exceptional historical gold grade over a significant width.

- Negative factor: This is historical data, not new information.

- Negative factor: 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-release**

Polarity: negative

Definition: 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 Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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"

### DF26-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/k2-drills-high-grade-gold-at-mojave-project-xa0-df26-020-39-62m-of-5-35-g-t-au-d--e7b88110-6c70-40fd-9e86-266ca3f50ae1#fact-drill-facts-18)

Mojave · gold

#### 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 factor: Discovery of a previously unknown gold zone at surface.

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

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

Why it applies: proximity is offered as the value premise: "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.
