202624 releases
K2 Drills 83.82m of 3.40 g/t Au including 19.81m of 7.51 g/t Au at Dragonfly
Hole DF26-031 returned 83.82m of 3.40 g/t Au from surface, including 48.77m of 4.98 g/t Au from 35.05m and 19.81m of 7.58 g/t Au from 64.01m, at the Dragonfly Zone of the 100%-owned Mojave Project in Inyo County, California. Other holes returned 100.58m of 1.01 g/t Au (DF26-030), 38.10m of 1.38 g/t Au (DF26-029) and 28.95m of 3.11 g/t Au (DF26-032). K2 has drilled 42 holes totalling 8,013m of a 14,000m program, with 27 Newmont Zone holes pending.
Drill resultsK2 Extends Dragonfly Structure and Identifies Additional High-Grade Gold at Flores Target
Results from 346 rock samples at the Mojave project in Inyo County, California extended the Dragonfly target 480m south of historical high-grade outcrops, giving 1,000m of strike between outcropping high-grade gold samples, with values up to 10.9 g/t Au. Flores returned up to 28.8 g/t Au over an ~800m east-west trend, Stega returned 24.8% Cu and 4.95 g/t Au, and Soda Ridge up to 3.04 g/t Au and 2.88% Cu. A 14,000m drill program continues, with 7,600m in 39 holes completed.
Drill resultsK2 Drills 53.34m of 2.00 g/t Au at Dragonfly, Including High-Grade Oxide Core of 15.24m of 5.33 g/t Au
Drilling at the Dragonfly Zone of the 100%-owned Mojave Project in Inyo County, California returned 53.34m of 2.00 g/t Au from 70.10m in DF26-028, including 15.24m of 5.33 g/t Au from 82.30m. Three other holes from pad DF-G, sited 75m south-southwest of 2020 hole DF20-002, returned 15.24m of 1.16 g/t Au, 38.10m of 1.29 g/t Au and 6.10m of 2.07 g/t Au. 29 holes totalling 5,389m have been completed of a 14,000m program, with 18 holes pending.
Drill resultsK2 Gold Reports Strong Initial Gold Solubility Results at Mojave
Initial gold-solubility results from the Dragonfly Zone at the 100%-owned Mojave Project in Inyo County, California show 211 mineralized samples from seven 2026 drill holes returning an aggregate cyanide-soluble-to-fire-assay gold ratio of 97.1%, with individual-hole ratios of 93.4% to 99.9%, to depths of up to 180 metres. Check assays on 206 samples from nine 2020 holes at Dragonfly and Newmont returned an aggregate ratio of 95.0%. K2 plans bottle-roll metallurgical testing and has completed eight holes at Newmont.
Study resultsK2 Drills 27.43m of 4.03 g/t Au at Dragonfly, Confirms Multiple Stacked High-Grade Oxide Gold Structures
Four additional holes from pad DF-F at the Dragonfly Zone of the 100%-owned Mojave Project in Inyo County, California returned 27.43m of 4.08 g/t Au from 82.30m (including 15.24m of 5.30 g/t Au) in DF26-023, 3.05m of 17.55 g/t Au from 62.48m plus 28.95m of 2.03 g/t Au in DF26-024, 32.01m of 2.02 g/t Au in DF26-021 and 33.53m of 1.63 g/t Au in DF26-022. The pad was collared 40m west of 2020 hole DF20-002. 23 holes totalling 4,182m of a 14,000m program are complete, with 16 holes pending and drilling underway at Newmont.
Drill resultsK2 Generates High-Grade Silver, Gold, and Copper Results from Rock Samples at Morningstar Target
Rock sampling at the Morningstar target in Inyo County, California returned 2,737 g/t Ag, 4.37 g/t Au and 2.42% Cu and 1,420 g/t Ag, 7.44 g/t Au and 1.34% Cu from the Ignacio target, plus 618 g/t Ag and 23.2% Cu from the R Zone. Of 613 rock samples collected in June and July 2026, 232 exceeded 0.10 g/t Au, 96 exceeded 10 g/t Ag and 66 exceeded 0.2% Cu. Morningstar lies about 7 kilometres from the Eastside Gold Trend at the Mojave Project.
Drill resultsK2 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
The first three drill holes from the Dragonfly Zone at the Mojave Project in Inyo County, California returned 39.62m of 5.35 g/t Au from 51.82m in DF26-020, including 25.91m of 7.14 g/t Au; 10.67m of 7.75 g/t Au from 16.76m in DF26-019; and 18.29m of 3.77 g/t Au from 27.43m in DF26-018. All three were drilled from site DF-A, a 40m step north of 2020 hole DF20-002 (45.72m of 6.68 g/t Au). 15 holes totalling 2,630m are complete of a fully permitted 14,000m program, with assays pending from 12 holes.
Drill resultsK2 Gold Provides Exploration Update on Drill Program at the Mojave Project, California
Three drill holes totalling 574.5 m have been completed at the Dragonfly target since drilling began in late June, part of a fully funded, fully permitted 14,000 m RC program at the 100%-owned Mojave Project in Inyo County, California, with 16 initial holes planned at Dragonfly and a fourth hole underway. Samples are being prepared for shipment to an independent lab, with assays pending. Surface work has collected 797 rock samples across the Flores, Newmont, Stega and Morningstar Trend targets.
Drill resultsDrilling Underway at K2 Gold’s Mojave Project
An initial 5,650 metre drilling program has begun at the 100%-owned Mojave Project in Inyo County, California, with up to approximately 14,000 metres approved across the Eastern Target Area under a recently approved Plan of Operations and EIS. The first 3,000m targets the Dragonfly Zone, which previously returned 86.9m at 4.0 g/t Au from surface including 24.4m at 10.9 g/t Au, followed by 2,650m at the Newmont Zone. The $9.8M program is fully funded. K2 also granted 8,195,000 options at $0.70.
Drill resultsK2 Gold Drills Extensive Disseminated Mineralization and Gold-Silver Epithermal Quartz Veins at Si2 Project
Results from the 2026 reverse circulation drilling program at the Si2 Gold Project in Esmeralda County, Nevada covered 3,871 metres in 8 holes. Hole SR26006 at AOI4 returned 0.123 g/t Au over 210.31m, including 18.28m at 0.213 g/t Au and 4.57m at 0.493 g/t Au with 5.01 g/t Ag; SR26008 at AOI3 cut 1.52m of 2.376 g/t Au with 8.13 g/t Ag; SR26005 returned 73.15m of 0.117 g/t Au. K2 said the program did not intersect economic grades and is pursuing joint venture discussions for Si2.
Drill resultsK2 Mobilizes Drill – Mojave Project
Mobilization of a drill rig to the Dragonfly Target has begun at K2 Gold's 100%-owned Mojave Project in Inyo County, California. Dragonfly was selected as the starting point based on high-grade results from previous drilling and ongoing geological interpretation, with mineralization beginning at surface. The Mojave Project covers approximately 5,830 hectares of mining claims and patented ground, with targets including Dragonfly, Newmont, Gold Valley, Soda Valley and Morningstar. Updates will follow when drilling commences and as assays become available.
Drill resultsK2 Gold Stakes New 21,887 Hectare District Scale Gold Project in Yukon Territory
The 21,887 hectare Wolf Project, comprising 1,044 claims in west-central Yukon, has been staked 80 km south of the 3.0 Moz Au Coffee Gold Project. Wolf South hosts a >10 km gold-in-soil anomaly previously held by Teck, Ryan Gold and Beringia, with peak historical values of 404 ppb Au, 596 ppm As, 95 ppm Sb, 33 ppm Bi and 519 ppm Cu; Wolf North covers greenfields epithermal targets. A 2026 reconnaissance program of LiDAR, soil sampling, mapping and prospecting is planned, and K2 intends to move its Yukon projects, including Wels, into a wholly owned subsidiary.
CorporateK2 Gold Upgraded to Trade on OTCQX
K2 Gold's shares began trading on the OTCQX Best Market today, April 29, 2026, an upgrade from the OTCQB Venture Market, continuing under the symbol KTGDF. The company also trades on the TSXV as KTO and the FSE as 23K. K2 said it is preparing to begin drilling at its Mojave project in California and is awaiting assay results from its recently completed Si2 project in Nevada.
CorporateK2 Gold Receives Positive Record of Decision for Exploration Drilling at the Mojave Project, California
The U.S. Bureau of Land Management has issued a positive Record of Decision approving exploration drilling at K2 Gold's Mojave Project in Inyo County, California, concluding the NEPA environmental review. Mobilization is underway, with drilling to start at the Morningstar trend while pads are prepared at the Dragonfly, Central and Newmont targets, where prior drilling returned 4.02 g/t Au over 86.89 m from surface. K2 has executed the Mojave option agreement for full ownership and held $33,900,000 in treasury as of March 10, 2026, with no warrants outstanding.
CorporateK2 Gold Completes Reverse Circulation Drill Program at Si2 Gold Project, Nevada
An eight-hole, 3,871-metre reverse circulation drill program has been completed at the Si2 Gold Project in Esmeralda County, Nevada, testing five Areas of Interest, including first-ever drilling at AOI3, AOI4 and AOI5. Holes totalled 1,853 m at AOI1/AOI2 (three to target depth, one failed), 475.49 m at AOI3, 537.97 m at AOI4 and 1,004.32 m over two holes at AOI5. All holes intersected low-sulphidation epithermal alteration, quartz veining or silica-healed brecciation and adularia flooding; assays are pending in the coming weeks.
Drill resultsK2 Gold Corporation Recognized as a Top 50 TSX Venture Company
K2 Gold has been named to the 2026 TSX Venture 50 list of top performers on the TSX Venture Exchange, based on 515% share price appreciation and 847% market capitalization growth in 2025. Rankings weight one-year share price appreciation, market capitalization increase and Canadian consolidated trading value as of December 31, 2025. The company reports more than $33 million in treasury following an upsized $25 million capital raise, funding drilling at the Si2 Project in Nevada and work at the Mojave Project.
CorporateK2 Gold Corporation Closes C$25.25 Million Financing
A C$25,250,000 financing closed under the listed issuer financing exemption, comprising 36,071,429 common shares at C$0.70 per share, leaving 234,341,670 shares outstanding. Net proceeds are earmarked for exploration at the Mojave project in California and the Si2 project in Nevada, plus general corporate purposes. Cash finder's fees of C$256,200 to Haywood Securities, C$700,000 to ATB Capital Markets and C$315,000 to Canaccord Genuity were paid; TSX Venture Exchange acceptance remains outstanding.
FinancingK2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25.25 Million
K2 Gold has increased its previously announced non-brokered private placement to up to 36,071,429 common shares at CDN$0.70 per share for gross proceeds of up to approximately CDN$25,250,000. The shares are offered in Canadian provinces and territories other than Quebec under the listed issuer financing exemption and will not be subject to a statutory hold period in Canada, except where the TSXV four-month hold applies. Net proceeds are intended for exploration at the Mojave and Si2 projects and general corporate purposes, with closing expected as soon as practicable.
FinancingK2 Gold Announces Upsize of Non-Brokered Private Placement to up to CDN$25 Million
K2 Gold has increased its previously announced non-brokered private placement to up to 35,714,286 common shares at CDN$0.70 per share for gross proceeds of up to approximately CDN$25,000,000, citing investor demand. The shares are offered under the listed issuer financing exemption to purchasers in Canada outside Quebec, with net proceeds directed to exploration at the Mojave and Si2 projects and general corporate purposes; closing is subject to TSXV and other regulatory approvals. The company also clarified that Si2 comprises 65 lode claims optioned from Orogen Royalties Inc. and 53 claims staked by K2 in 2022.
FinancingK2 Gold Announces Non-Brokered Private Placement to Raise up to CAD $15 Million
A non-brokered private placement of up to 21,428,572 common shares at CDN$0.70 per share for gross proceeds of up to CDN$15,000,000 has been launched, using the listed issuer financing exemption for purchasers in Canada outside Quebec. Net proceeds are earmarked for exploration at the Mojave project in California and the Si2 project in Nevada, plus general corporate purposes. Closing is expected as soon as practicable, subject to customary conditions including TSXV approval; finders' fees may be paid.
FinancingDrilling Underway at Si2 Gold Project in Nevada
Drilling has begun at the 100%-owned Si2 Gold Project, located about 59 kilometres west of Tonopah, Nevada, in the Walker Lane Trend. K2 Gold says technical studies and reinterpretation now characterize Si2 as an intact low-sulphidation epithermal gold system in which prior drilling tested only the shallow upper expression, and the current program is the first to test newly defined deeper structural targets property-wide. The company also holds the Mojave, Wels and other projects.
Drill resultsK2 Gold to Commence Drilling at Si2, Targeting Preserved Epithermal Gold System
Drilling is set to begin on or about January 21, 2026 at the Si2 Project near Tonopah, Nevada, with a fully funded program of up to 2,000 metres across 4-6 reverse circulation holes. The holes will test structural corridors at greater depths to reach the interpreted boiling-zone horizon, after 2023 drilling of 4 holes ended 50-100 metres above it in anomalous but sub-economic gold. Targets include the AOI1.5 fault, which hosts a roughly 6 m silicified, quartz-veined interval at 200 m depth.
Drill resultsK2 Gold Files NI 43-101 Technical Report on the Mojave Property
An independent NI 43-101 technical report on the Mojave Gold Project and Cerro Gordo Project, Inyo County, California, with an effective date of November 30, 2025, has been filed on SEDAR+. The report summarizes location, tenure, historical and geological information, recent work and recommendations for future exploration, and contains no Mineral Resource or Mineral Reserve estimates. It was prepared by Christopher Livingstone, Michael B. Dufresne and Gerald Holmes of APEX Geoscience Ltd., all independent Qualified Persons.
Study resultsK2 Gold Approves $9.8 Million 2026 Budget
A $9,800,000 budget for 2026 has been approved by K2 Gold's board, funding advancement of the Mojave Project in California upon receipt of the final Record of Decision and first systematic drill testing of new targets at the Si2 Project in Nevada. The Company also retained Machai Capital for three months of digital marketing for C$200,000 plus 100,000 options at $0.81, and Winning Media for one month for US$100,000, both subject to TSXV approval. An additional 50,000 options were granted to a consultant at $0.81.
Corporate
202515 releases
K2 Gold Delivers Transformational Year in 2025
A year-end corporate overview reports publication of the Final Environmental Impact Statement by the BLM for the Mojave Exploration Drilling Project in Inyo County, California, 100% ownership of Mojave secured, and a treasury of approximately $10.5 million following financings and the exercise of over 40 million warrants. K2 also completed an amended and restated agreement with Orogen Royalties to acquire 100% of the 53 EL claims (429 hectares) at Si2, Nevada, for 1,850,000 shares at $0.135, totalling $250,000.
CorporateK2 Gold Strengthens Si2 Model – New Studies Define High-Priority Targets
Fluid inclusion and alteration studies at the Si2 gold project in Nevada indicate 2023 drilling terminated above the modelled boiling zone, with inclusions from six core samples showing low-salinity fluids (0.5–6 wt.% NaCl equiv.) trapped at ~130–200°C and warming with depth, below the >220°C threshold for boiling. Alteration work using 108 spectral analyses from 95 core samples defined a vertically zoned low-sulphidation system, with the AOI1.5 fault hosting a roughly 6 m quartz-veined interval at 200 m depth. Property-scale mapping and an expanded IP survey are underway.
Study resultsK2 Gold Reaches Critical Federal Permitting Benchmark with Release of Final EIS
The US Bureau of Land Management has issued a Final Environmental Impact Statement for K2 Gold's Mojave Exploration Drilling Project in Inyo County, California, following over 100 days of public comment and scoping. A fully funded drill program using 22 drill pads is anticipated to start in early 2026, beginning at the Dragonfly target, which returned 86.87m of 4.02 g/t Au from surface in 2020. K2 has executed the Mojave option agreement for full ownership and holds a $10.8 million treasury after the exercise of 30,701,000 warrants.
CorporateK2 Gold Appoints Jessica Van Den Akker as Chief Financial Officer and Corporate Secretary
Jessica Van Den Akker, CPA, CA, has been appointed Chief Financial Officer and Corporate Secretary of K2 Gold, effective immediately, succeeding Robert Scott as CFO and Jeff Dare as Corporate Secretary. She previously held CFO and Corporate Secretary roles at Kore Mining, Hive Blockchain, GlobalBlock and Fiore Management. The Company granted her 500,000 stock options at an exercise price of $0.42 per common share, vesting under the Company's stock option plan.
ManagementK2 Engages Icp Securities Inc. for Automated Market Making Services
ICP Securities Inc. has been engaged to provide automated market making services, including its ICP Premium algorithm, in compliance with TSX Venture Exchange policies. ICP will be paid C$7,500 per month plus applicable taxes under an agreement starting September 1, 2025 for an initial four-month term, automatically renewing for additional one-month terms unless either party gives 30 days written notice. There are no performance factors, stock options or other compensation, and ICP is an arm's length party.
CorporateK2 Gold Announces Exercise of 9.3 Million Warrants to Advance the Mojave Project
9.299 million share purchase warrants with an exercise price of CAD$0.30 and an August 15, 2025 expiry were exercised, providing K2 Gold with $2,789,700 in cash. Some warrants were exercised by company insiders. The proceeds are intended for an upcoming drill program at the 100%-owned Mojave Project in Inyo County, California, to commence upon receipt of the drill permit.
FinancingK2 Gold Advances Toward Final EIS and Continues to Uncover High-Grade Gold at Mojave Project
Surface rock sampling at the Mojave oxide gold project in Inyo County, California returned 27.6 g/t Au and 21.5 g/t Au from quartz-rich boulders about 130m SSE of the original Gold Valley discovery samples, and 3.07 g/t Au and 4.02 g/t Au near the Flores target in the East Zone; 74 rock samples were collected in the Eastern Target Area. The BLM is preparing the Final Environmental Impact Statement following the 45-day Draft EIS comment period, supporting Phase II drilling.
Drill resultsK2 Announces New Board Member
Chase Taylor-Robins has joined K2 Gold's board as a Director. He currently works in Corporate Development at Orezone Gold Corporation and previously was on the Corporate Development team at Great Bear Royalties, which Royal Gold acquired for C$200M in 2022. K2 also granted 7,100,000 incentive stock options to certain Directors, Officers, Employees and Advisors, exercisable at $0.36 per share for five years, with 25% vesting in 6 months and 25% each anniversary thereafter.
ManagementK2 Gold Exercises Option for Mojave Project – Unlocking Exceptional Potential
K2 Gold has exercised its option to acquire 100% ownership of the 5,380-hectare Mojave Project in Inyo County, California, completing all remaining obligations under the original agreement dated July 15, 2019. Previous work at Mojave includes a 2020 drill intercept of 86.9 m at 4.0 g/t Au and rock grab samples up to 375 g/t Au. Full ownership gives the company added control over exploration and development, with permitting underway for the next phase of drilling.
AcquisitionFinal 45-Day Public Comment Period Begins for Permitting – K2 Gold’s Mojave Project
The US Bureau of Land Management has released the Draft Environmental Impact Statement for K2 Gold's Mojave Exploration Drilling Project in Inyo County, California, and published a Notice of Availability in the Federal Register opening a 45-day public comment period. A final EIS will be prepared after the comment period closes, followed by a Record of Decision. Mojave is a 5,830-hectare oxide gold project where past K2 drilling returned 6.68 g/t Au over 45.72m from surface at the Dragonfly Zone.
CorporateK2 Gold Closes Oversubscribed Private Placement
A non-brokered private placement closed with 24,486,691 units issued at C$0.15 per unit for gross proceeds of C$3,673,000, each unit comprising one share and one half warrant exercisable at C$0.30 for 12 months, subject to acceleration if the 5-day VWAP reaches $0.35. Proceeds will fund exploration and permitting at the Mojave gold project in Inyo County, California, and general working capital. Insiders bought 1,179,999 shares; finders fees were paid to four firms.
FinancingK2 Gold Announces Increase to Previously Announced Offering Up to C$3 Million
A previously announced non-brokered private placement has been upsized to up to 20,000,000 units at C$0.15 per unit for gross proceeds of up to C$3,000,000. Each unit comprises one common share and one half warrant exercisable at C$0.30 for 12 months, subject to acceleration if the 5-day VWAP is at or above $0.35. Proceeds will fund exploration and permitting at the Mojave gold project in Inyo County, California, and general working capital.
FinancingK2 Gold Announces Non-Brokered Private Placement to Raise CAD $2 Million
A non-brokered private placement of up to 13,333,333 units at CDN$0.15 per unit for gross proceeds of up to CDN$2,000,000 has been launched, with each unit comprising one common share and half a warrant exercisable at CDN$0.30 for 12 months, subject to acceleration if the 5-day VWAP reaches $0.35 or more. Proceeds will fund exploration and permitting at the Mojave gold project in Inyo County, California, and general working capital. Closing requires TSX Venture Exchange approval; finder's fees may be paid.
FinancingK2 Gold Warrant Extension
The expiry dates on two tranches of warrants will be extended to October 1, 2025. The warrants comprise 11,988,250 exercisable at $0.30 per common share, previously expiring February 1, 2025 and issued under a private placement closed February 1, 2023, and 10,450,000 exercisable at $0.30 per common share, previously expiring February 15, 2025 and issued under a private placement closed February 15, 2024.
CorporateK2 Gold Announces Agreement to Accelerate Acquisition of 100% of Si2 Project – Defines Vectors to Mineralization Through Alteration Study
An agreement will give K2 Gold a 100% interest in the Si2 gold project in Esmeralda County, Nevada, from Orogen Royalties for C$250,000 in cash or K2 shares at K2's discretion, with Orogen retaining a 2% NSR royalty; the agreement replaces a terminated January 19, 2022 option under which K2 paid US$200,000 and spent over C$2.3 million. An alteration study of 108 spectral analyses on 95 samples from the 2023 drill core indicates an intact low-sulphidation epithermal system, with the most prospective horizons below current drilling depths.
Acquisition
202410 releases
Assays up to 18.1 g/t Au, 2,380 g/t Ag, 16.55% Cu, 15.25% Pb, and 7.44% Zn in Rocks at K2 Gold’s Cerro Gordo Target
Final results from the Fall 2024 rock sampling program at the Cerro Gordo target, part of the Mojave Project in Inyo County, California, returned assays up to 18.1 g/t Au, 2,380 g/t Ag, 16.55% Cu, 15.25% Pb and 7.44% Zn. A total of 105 samples were collected across a 750m wide by 3km long northwest-trending corridor, with all samples returning above-detection gold. Six samples at the Wheelbarrow Adit ranged 2.89–18.1 g/t Au, averaging 10.79 g/t Au.
Drill resultsK2 Gold Reports Assays of up to 375 g/t Au and 2.91% Cu in Rocks at Mojave Project
Rock grab samples from the Fall 2024 sampling program at the Mojave Project in Inyo County, California returned up to 375 g/t Au and 142.5 g/t Au at the Gold Valley target, with visible gold observed for the first time at Mojave. Sampling at Soda Valley returned nine samples above 1% Cu over a 2km northwest-southeast trend, including 2.91% Cu with 118 g/t Ag, 2.61% Cu and 2.47% Cu. Results for 74 of 179 samples were reported, with 105 samples from Cerro Gordo pending.
Drill resultsK2 Gold Provides Fall Exploration Update
Results from the 2024 exploration season at the Mojave (Inyo County, California), Si2 (Nevada) and Wels (Yukon) projects were reported. At Mojave, the Draft Environmental Impact Statement is complete and under Bureau of Land Management inter-agency review; 74 rock samples were collected, with fine-grained visible gold noted in at least two of 38 samples from Gold Valley, the first known visible gold on the property, and 105 samples taken at Cerro Gordo; assays pending. At Wels, 764 soil samples returned up to 242 ppb Au.
Drill resultsK2 Gold Provides 2024 Exploration Program Updates
Drill results
202316 releases
K2 Gold’s Year In Review
CorporateK2 Drills New High Grade Structures at Wels Project
Drill results