K2 Gold Corporation · TSXV:KTO
K2 Gold — Investor Presentation (May 2021)
22 slides from K2 Gold's investor presentation, May 2021
Slide 1: Gold Exploration in Southern California
TSX-V: KTO OTCQB: KTGDF FRANKFURT: 23K Gold Exploration in Southern California Mojave Gold Project Inyo County Investor Presentation – May 2021
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements contained in this presentation may constitute “forward-looking statements” are not limited to: the Company is an exploration stage company; competition with other or “forward-looking information” (collectively, “forward-looking statements”) and are made
Slide 3: Investment Highlights
Investment Highlights One of the best oxide gold intersections in the SW US in past decade Oxide gold from surface from first three holes (Preliminary results includes 4.0 g/t over 86.9m starting from surface) Drill results received from remaining holes – Dragonfly and Newmont (Results include 7.2 g
Slide 4: Discovery Group – Raised Over $750M Since 2002
Discovery Group – Raised Over $750M Since 2002 Significant Past Transactions Acquired for $520M by Goldcorp in 2016 Acquired for $117M by Coeur Mining in 2018 Discovery Group is an alliance of nine public companies, individually managed, and focused on the advancement of global discoverygroup.ca min
Slide 5: Capital Structure
Capital Structure Exchange: Symbols: Share Price: 52 Week High: 52 Week Low: Shares Outstanding: Market Capitalization: Cash: TSX-V KTO $0.38 $0.96 $0.18 64.2M (outstanding) $23.8M ~C$6 M OTCQB KTGDF US$0.31 US$0.74 US$0.12 Warrants: 7M FRANKFURT 23K €0.24 €0.57 €0.11 Options: 4.2M ($0.28 Avg Ex. Pr
Slide 6: Team
Team K2 Gold is made up of esteemed and talented individuals Board of Directors & Advisor with a track-record of success. Management John Robins, P.Geo – Chairman • +40 years experience. Founded many successful Steve Swatton – President, CEO & Director exploration companies. • 30+ years of experienc
Slide 7: Inyo County Land Management
Inyo County Land Management § Inyo County, California, population ~18,000 § Lone Pine population ~2,000 § Second largest county in California § >50% of employment is in leisure, hospitality, & related businesses § 92% of land is federally owned § 57% of BLM managed land is designated wilderness § On
Slide 8: Target Areas and Regional Geology
Target Areas and Regional Geology § District size exploration camp § 100% BLM land (no private land) § 12 gold and base metal exploration targets recognized Eastern Target Area § This area is the current focus of drilling and exploration activity § Oxide gold in structures & sediment hosted adjacent
Slide 9: Mojave Geology Highlights
Mojave Geology Highlights East Zone – BHP historic drill road Typical mineralization – Soda Ridge TSX: KTO | OTCQB: KTGDF | FRANKFURT: 23K | k2gold.com MAY 2021 | 9
Slide 10: Eastern Target Area – General Synopsis
Eastern Target Area – General Synopsis 431000 432000 433000 434000 ¯ Legend Type 4041000 4041000 E Drill Site ! > BHP ! > Newmont Drill Trace Mojave Rocks § 7, near surface, oxide gold targets over a 5km trend Gold Valley Au (g/t) " ) " <0.05 0.05 - 0.2 ) " 0.2 - 1 4040000 4040000 ) " 1-3 " ) 3-5 )
Slide 11: Eastern Target Areas - Broken Hill & Newmont
Eastern Target Areas - Broken Hill & Newmont 432500 433000 433500 434000 434500 435000 ¯ ! > ! > ! > ! > Legend Type E Drill Site 4037500 4037500 ! > BHP !! >> ! > Newmont Flores Drill Trace Mojave Rocks ! > 2.17 g/t Au Au (g/t) ! > 1.94 g/t Au !> " <0.05 nt ! > 0.62 g/t Au ! > ) " 0.05 - 0.2 0.26 g
Slide 12: Mojave Project Target Areas
Mojave Project Target Areas " 424000 " " 426000 428000 Ì Ì 430000 432000 434000 436000 438000 Ì ¯ " " Legend 4044000 4044000 Cerro Gordo Ì (Ag, Pb, Zn) Rocks - Au(g/t) " <0.05 " Soda Ridge " " " " ) " 0.05 - 0.1 0.1 - 1 "" ) " Morning Star " ) " 1-3 " " (Au, Ag, Pb, Cu) Ì " " ) ") " "" ) ")") ) "")
Slide 13: Phase 1 – Drill Results (Nov 30, 2020)
Phase 1 – Drill Results (Nov 30, 2020) § Phase 1 drill results at Mojave: § DF20-001 – 51.8 meters of 1.2 g/t gold from surface, including 18.3 meters of 3.1 g/t gold § DF20-002 – 86.9 meters of 4.0 g/t gold from surface, including 45.7 meters of 6.7 g/t gold § DF20-003 – 62.5 meters of 1.4 g/t gold
Slide 14: Phase 1 – Drill Results (Nov 30, 2020)
Phase 1 –Drill Results (Nov 30, 2020) Historical BHP Drilling (Dragonfly) K2 Gold – Phase 1 Drilling Results (Dragonfly) TSX: KTO | OTCQB: KTGDF | FRANKFURT: 23K | k2gold.com MAY 2021 | 14
Slide 15: Phase 1 – Drill Results Newmont (Feb 4, 2021)
" " " " Phase 1 – Drill Results Newmont (Feb 4, 2021) " " ) " " " " " " " " 432600 432700 432800 432900 433000 433100 433200 433300 4037300 4037300 ¯ " " ) Legend " Heli Drill Program " G " " Drill Site " " DF_Cross Sections § All nine holes at sites NM-1 and NM-2 were successful in " " Historic Dri
Slide 16: Phase 1 – Drill Results from Newmont Zone (Feb 4, 2021)
Phase 1 – Drill Results from Newmont Zone (Feb 4, 2021) Newmont – Cross Section Newmont – Long Section NM20‐014 NM20‐016 NM20‐011 NM20‐009 2.35 g/t Au 1.00 g/t Au 1.64 g/t Au 0.66 g/t Au over 7.62m over 22.86m over 41.15m over 19.81m CGL‐1 NM20-011 Discovery Outcrop CM97‐8 1.64 g/t Au CGL‐4 CGL‐5 Op
Slide 17: Upland Valley – New Large Regional Gold Target
Upland Valley – New Large Regional Gold Target (Results April 1, 2021) 430500 431000 431500 432000 § Target identified using WorldView-3 satellite technology in June 2020 ¯ 4038000 4038000 Valley § Systematic rock chip sampling program conducted in Oct/Nov 2020 St 0.30 g/t Au eg Upland a § Sampling
Slide 18: Acceptance of Plan of Operations at Mojave Project (March 23, 2021)
Acceptance of Plan of Operations at Mojave Project (March 23, 2021) • Received a positive decision letter from the United States Department of the Interior, Bureau of Land Management regarding the Plan of Operations for the second phase of exploration at the Mojave Project • This BLM decision does n
Slide 19: Next Steps
Next Steps Phase 1 – Completed: § Drilling 4 sites/17 holes (Oct-Nov) § 422 rock samples of Upland Valley § Engaged Lone Pine and Inyo County stakeholders: § Office in Lone Pine § Local employees and California PR support Phase 2 – Drilling Program: § Additional 30 sites in East Zone (site of Phase
Slide 20: TSX-V: KTO
TSX-V:: KTO Dustin Zinger Email: dustin@k2gold.com Phone: +1 (604) 653 9464 Address: 1020 – 800 West Pender Street Vancouver, B.C. V6C 2V6 Website: www.k2gold.com
Slide 21: Mojave Geologic Model
Mojave Geologic Model § Mineralization at Mojave is hosted in Paleozoic calcareous sediments within a highly tectonized intrusive epithermal geologic environment High sulfidation epithermal disseminated Au-Ag-Cu Beatty District, NV East Walker Lane: § Strong similarities to other districts within th
Slide 22: Mojave Option Agreement
Mojave Option Agreement Optioned in July 2019 from two US residents. One of the partners has held the license since the mid 1980s Key Terms: § 100% earn-in option Timing Shares Cash (US$) within 10 days 480,000 $ 112,500 Paid 6 months (Jan 2020) $ 112,500 Paid 12 months (July 2020) 480,000 $ 125,000