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K9 Gold Outlines Plans for 2021 and Provides Year-End Review for Stony Lake Project, Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2020) -   K9 Gold Corp. (TSXV...
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[{"type":"text","content":"K9 Gold Outlines Plans for 2021 and Provides Year-End Review for Stony Lake Project, NewfoundlandVancouver, British Columbia--(Newsfile Corp. - December 17, 2020) -  K9 Gold Corp. (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) (\"K9\" or the \"Company\") is pleased to provide this year-end review of exploration work at its Stony Lake gold project, Central Newfoundland, and to outline plans for an aggressive exploration program in 2021.During a condensed field program in 2020, the company completed several airborne surveys, including Versatile Time-Domain Electromagnetic (VTEM), LiDAR and Orthophotography. A program of till sampling was completed, as was a two-week field mapping and sampling program. Results are starting to come in, and will be interpreted over the coming weeks.Planning has commenced for an aggressive exploration program in 2021. A permit has been received for the first phase of trenching, and permit applications for the rest of the work are being drafted. Following the well-documented successful techniques used on nearby properties, the program will include extensive trenching and till sampling, as well as IP-Resistivity surveying. This will lead to an anticipated drill program, starting as early as Q1 2021, weather permitting.News Releases from other companies active in the Central Newfoundland Gold Belt continue to increase the profile of this newly emerging gold district. For example, on November 19, 2020 Sokoman Minerals announced drill results which included two zones in hole MH-20-115, 47.2 g/t Au over 4.60m and 68.7 g/t Au over 8.10m at their Moosehead project, immediately adjacent to K9's Stony Lake property. On December 15, 2020, New Found Gold announced intercepts of 45.3 g/t Au over 13.1m in hole NFGC-20-32 and 25.0 g/t Au over 16.9m in hole NFGC-20-29 at their nearby Queensway property.K9 CEO Jeff Poloni commented, \"I am extremely proud of our exploration team's systematic approach in what has been a challenging year with COVID-19. We look forward to executing on our plan with the initiation of trenching followed by a complete analysis of work done to date that will lead to a well defined drill program starting early 2021.\" The company is also pleased to announce that as of December 7th, 2020, the company's US ticker symbol, OTC: WDFCF, is now DTC eligible. DTC eligibility means that a public compan...