Business
K2 Significantly Expands the Mineralized Footprint at Mojave Gold - Copper Project
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - K2 Gold Corporation (TSXV:...
About this update from K2 Gold Corporation
[{"type":"text","content":"K2 Significantly Expands the Mineralized Footprint at Mojave Gold - Copper ProjectVancouver, British Columbia--(Newsfile Corp. - November 15, 2021) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) (\"K2\" or the \"Company\") is pleased to provide an update on exploration activities at the Company's Mojave project in Southern California. A geochemical sampling program was recently conducted and included the collection of 1,178 soil samples on the Eastern Target area, Upland-Gold Valley, Stega, and Soda Canyon target areas. In addition to the extensive soil program, 143 Ionic Leach samples were collected from the Upland Valley target area in specific locations where the surface substrate was predominantly covered by locally transported colluvium material.Highlights:Stega: New - Defined a new 1.7km gold in soil anomaly on the Stega target that is open in both directions along strike. Includes samples up to 15,787 ppb Au (15.79 g/t Au) and five samples >1,000 ppb Au.Soda Canyon: New - Defined a new 1.2km gold in soil anomaly on the Soda Canyon target; including samples up to 2,473 ppb Au (2.47 g/t Au). Also defined an adjacent copper in soil anomaly over 1.5km of strike length; includes samples up to 2,427 ppm Cu. Upland Valley: New - Defined a new NW trending, gold (+Hg, Sb, & Mo) in soil and ionic leach anomaly extending over 1km and indicating the potential for a previously unrecognized trend of gold mineralization. Gold Valley: Extension - Gold Valley gold in soil anomaly has been extended a further 450m to the north; includes samples up to 2,561 ppb Au (2.56 g/t Au).Steve Swatton, President and CEO of K2 commented: \"These latest exploration results at Mojave are spectacular and continue to highlight the mineral potential of the entire property, not only for gold, but also for copper, silver, lead, and zinc. Rigorous fieldwork following up geochemical anomalies defined from the 2020-2021 field season, combined with interpretation of new geophysical data, has led the Company to interpret previously unrecognised intrusive(s), situated beneath structurally complex low to high sulphidation epithermal gold, copper, and base-metal showings, and indicates the potential for Cu+/-Au-Mo porphyry style mineralization at depth. We look forward to continuing to advance the project and beginning our proposed Phase 2 explora...