K2 Gold Corp. is pleased to announce that its 2023 diamond drilling program at the Si2 Gold Project is underway. "Since acquiring the Si2 project in January 2022 the Team at K2 has rapidly advanced the understanding of the project geology and defined very compelling targets. We are excited to get this drill program underway. The aim of the program is to test fault structures which control the extensive steam-heated [...]
K2 Gold Corp. is pleased to announce that it has submitted a Notice of Intent to the Bureau of Land Management to begin drilling at the Si2 Gold Project. The NOI covers the preparation of up to 15 drill sites with hole depths of up to 600m each, for which the Company has secured a diamond drill from Big Sky Exploration. The targets at Si2 exhibit many characteristics of a preserved mineralized epithermal system. K2's [...]
K2 Gold Corp. is pleased to announce the closing of the non-brokered private placement financing as disclosed on January 09, 2023 by issuing a total of 23,976,500 units at a price of C$0.15 per Unit , for aggregate gross proceeds of C$3,596,475 . Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant . Each Warrant will be exercisable to [...]
K2 Gold Corp. is pleased to announce that, in connection with its previously announced private placement financing , the company is increasing the size of the Offering to 20,000,000 units at a price of C$0.15 per Unit , for aggregate gross proceeds of C$3,000,000 . Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant . Each Warrant will [...]
K2 Gold is pleased to announce a non-brokered private placement whereby the Company will issue up to 13,350,000 units at a price of CDN$0.15 per Unit for total gross proceeds of up to CDN$2,000,000. Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferable common share purchase warrant. Each Warrant will be exercisable to acquire one Share at a price of CDN$0.30 per [...]
K2 Gold Corp. today announced the results of its 2022 Extremely Low Frequency Electromagnetic geophysical survey at its Si2 Gold Project , located 60 km northwest of Tonopah Nevada. Additionally, K2 has staked 53 new claims surrounding the project area, adding 443 hectares of prospective ground and bringing the total project size to 986 hectares. Key Point Summary ELF survey validates and extends structures observed in [...]
K2 Gold Corp. today announced the results of its 2022 orientation IP survey at its Si2 Gold Project , located 60 km northwest of Tonopah Nevada. Key Point Summary Identification of discrete, well defined IP anomalies: two lines of inline pole-dipole Induced Polarization survey revealed coincident resistivity and chargeability anomalies in multiple target areas. IP anomalies identified in the near surface are coincident [...]
K2 Gold Corp. today announced the results of its 2022 rock chip sampling program at K2's Si2 Gold Project , located 60 km northwest of Tonopah Nevada. Key Point Summary Rock chip sampling outlines strong mercury anomalism across multiple alteration cells on the Si2 Property. Mercury in rock values are similar in tenor to those observed at AngloGold Ashanti's Silicon deposit, over a similar scale at surface. High mercury [...]
K2 Gold Corp. today provided an update on exploration work completed to date at its Si2 Gold Project , located 60 km northwest of Tonopah in Nevada, USA. Si2 hosts a large alteration cell interpreted to represent the upper, steam-heated level of a buried gold-bearing epithermal system. To date, the Company has completed 69 line kilometers of ground magnetics, a drone based orthophotogrammetry survey, as well as rock [...]
K2 Gold Corp. is pleased to announce that a ground-based Magnetic and Very Low Frequency electromagnetic geophysical survey was successfully completed at its 100% owned Wels Project located in Yukon, Canada. The survey was designed to collect geophysical data over previously drilled mineralization at the Saddle Zone. In addition, the survey covered three high priority gold-in-soil and rock anomalies on the property to [...]
K2 Gold Corp. today announced their 2022 exploration plans for the Si2 and Wels projects, located in Nevada, USA and the Yukon Territory, Canada. 2022 Si2 Project Exploration Program The 2022 exploration program operated by K2 is planned to systematically evaluate the property utilizing the mineralization model of a steam heated alteration system overlying epithermal gold mineralization analogous to AngloGold Ashanti's [...]
K2 Gold Corp. today announced the appointment of Jim Paterson as a director of the Company, and Rob Carpenter has been appointed as a technical advisor. As a principal of Discovery Group, Jim Paterson will bring a wealth of experience to K2's board of directors, as well as to the Company's marketing and corporate development activities. Jim is currently the Chairman and CEO of ValOre Metals Corp. a leading platinum group [...]
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