Commodities● Neutral
K2 Gold Hits 5.35 g/t Au Over 39.6m at Mojave Project
K2 Gold drills 39.6m of 5.35 g/t Au at Dragonfly Zone, Mojave Project. 14,000m program ongoing with 12 holes pending assays. High-grade oxide system confirmed.
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K2 Gold Corp reported assays from the first three holes of its fully funded 14,000-metre drill campaign at the Mojave Project in Nevada. The results confirm a high-grade oxide gold system in a 40-metre step-out north of the company's 2020 discovery intercepts, the company said.
Hole DF26-020 returned 39.62 metres grading 5.35 grams per tonne gold. Hole DF26-019 intersected 10.67 metres of 7.75 g/t Au. Hole DF26-018 returned 18.29 metres of 3.77 g/t Au. The three holes were drilled from the first pad at the Dragonfly Zone, part of the more than 6.5-kilometre-long Eastside Gold Trend.