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K2 Gold - Mojave Project Passes Permitting Milestone
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - K2 Gold Corporation (TSXV: KTO)...
About this update from K2 Gold Corporation
[{"type":"text","content":"K2 Gold - Mojave Project Passes Permitting MilestoneVancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) (\"K2\" or the \"Company\") today provided an update on the status of the Environmental Impact Statement (EIS) the company is preparing for its Mojave Project, located in California.HighlightsK2 Gold's modified Plan of Operations for a Phase II Drill Program at the Mojave Project has been accepted as complete by the Bureau of Land Management (BLM). The program is designed to delineate an initial NI 43-101 Inferred Mineral Resource Estimate at the project.On July 3rd, 2023, a briefing was held for Senior Officials and Directors of the Department of the Interior's BLM in Washington, D.C. to inform them of the Company's proposed Phase II Drill Program at Mojave.Following the briefing, K2's Notice of Intent (\"NOI\") was approved for publication. The BLM announced the decision to publish the NOI on August 16th, for the Mojave Exploration Drilling Project.The Project is now undergoing a 60-day public scoping and comment period which began on August 16, 2023.Following the public scoping period, the BLM will prepare a Draft Environmental Impact Statement (DEIS) which will incorporate public comments and develop project alternatives.\"We are pleased to be passing this permitting milestone with the Mojave Project,\" stated Anthony Margarit, CEO of K2 Gold. \"Now that the NOI has been published each step in the EIS process has a clearly defined timeline. K2's 2020 drill program produced some of the best oxide gold intercepts in the Southwest USA over the past decade (including 86.9m of 4g/t Au from surface). It is incredibly exciting to be planning a follow up drill program designed to capitalize on K2's previous success at Mojave. The number of tier one exploration targets on this property is simply astounding.\"Proposed Phase II Drill Program:The goal of the program is to delineate an initial NI 43-101 Inferred Mineral Resource at the Dragonfly, Remi, and Newmont target areas. To minimize impact while maximizing efficiency, low impact drill pads would be accessed overland via previously disturbed ground utilizing an exploration road developed and reclaimed between 1997 and 2000. Figure 1: Mojave Phase II Target Areas, Proposed Roads, and Drill PadsTo view an ...