K2 Gold Corporation · TSXV:KTO
K2 Gold — Investor Presentation (May 2024)
25 slides from K2 Gold's investor presentation, May 2024
Slide 1: Innovative Project Advancements in Established Mining Districts
TSX-V: KTO OTCQB: KTGDF FSE: 23K K2GOLD.COM Innovative Project Advancements in Established Mining Districts MAY 2024 CORPORATE PRESENTATION
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation may constitute “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) and are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigat
Slide 3: Discovery Group
. DISCOVERY C) e@ ce e GROUP r) An alliance of public companies, individually managed and focused on the C) advancement of global mineral exploration and mining projects, with a proven ® track record of generating shareholder value. e ® Over C$2.6 billion Companies succeed with access to: G in M&A s
Slide 4: Successful Leadership Team
SUCCESSFUL LEADERSHIP TEAM John Robins P.Geo Anthony Margarit P.Geo Eric Buitenhuis P.Geo Jim Paterson Executive Chairman President & CEO VP, Exploration Director Steve Swatton Steven Krause Carolyn Clark Loder MLS Rita Bennett Chris Taylor Rob Carpenter PhD, P.Geo. Jodie Gibson P.Geo. Director Dire
Slide 5: Capital Structure
CAPITAL STRUCTURE Share Ownership Capital Structure 18% Management WAEP Outstanding Shares Outstanding 108.5M Warrants $0.30 24.2M 46% Retail Options $0.22 8.6M 36% Close Associates Fully Diluted 141.4M As of May 2024 PAGE 5
Slide 6: Mojave Project Overview
Mojave Project OVERVIEW One of the best oxide gold intersections in the southwest US over the past decade (86.9m of 4.0 g/t Au from surface) o Host to multiple Tier-One targets o Exceptional land position – 5830 ha, excellent potential for expansion o Evidence of a significant copper zone on the wes
Slide 7: Mojave Project Target Areas
Mojave Project TARGET AREAS o Near surface, oxide gold targets in 5 distinct areas trending over 5km2 o Structurally controlled – mineralization focused along lithologic contacts and high angle faults o Sediment-hosted gold – low sulfidation epithermal system with some affinities to Mojave Project G
Slide 8: Mojave Project Phase Drill Results
Mojave Project PHASE 1 DRILL RESULTS o DF20-001 - 51.8 m of 1.2 g/t gold from surface, including 18.3m of 3.1 g/t gold o DF20-002 - 86.9m of 4.0 g/t gold from surface, including 45.7m of 6.7 g/t gold o DF20-003 - 62.5m of 1.4 g/t gold from 3.1 meters, including 18.3m of 3.2 g/t gold o DF20-004 - 30.
Slide 9: Mojave Project Gold Valley Target
Mojave Project GOLD VALLEY TARGET o High grade rock samples collected from Gold Valley Target: 208 g/t Au & 32.1 g/t Au o Gold Valley is located 1.5km NNW along strike from Dragonfly o Surficial gold anomalism along entire trend o Multiple parallel structures noted from mapping and surface geochemis
Slide 10: Mojave Project Phase Drill Plan
Mojave Project PHASE 2 DRILL PLAN Program designed to demonstrate the potential for connectivity of the Dragonfly-Newmont trend • 30 locations to be tested • Each location can be drilled in four directions • Approx. 120 drill holes ≅ 10,000m planned • Goal is to bring Dragonfly and Newmont targets t
Slide 11: Mojave Project Permitting
Mojave Project PERMITTING Environmental Impact Statement (“EIS”) Definition: • An EIS outlines the status of the environment in the affected area, provides a baseline for understanding the potential consequences of the proposed project, identifies positive and negative effects for the environment, a
Slide 12: Wels Project Overview
Wels Project OVERVIEW Located in Western Yukon, approximately 60km south of Newmont’s (4Moz Au) Coffee deposit. Similarities to the Coffee Project o Identical geology - structurally controlled gold mineralization within intrusive rocks o Multiple trends of mineralization o Unglaciated terrane PAGE 1
Slide 13: Wels Project Overview
Wels Project OVERVIEW o The Wels Project is one of the best underexplored gold systems within the Tintina Gold Belt, and Yukon o High grade gold was drilled in 2015 and 2017 over 125m of strike at a single target area: including: • DDH15-01: 3.53 g/t au over 19.5m • DDH17-08: 10.38 g/t Au over 6.0m
Slide 14: Wels Project Saddle Target
Wels Project SADDLE TARGET o 2022 Mag-VLF survey identified multiple prominent WNW-trending anomalies coincident with a strong geochemical response o Main anomaly extends for >850m and is coincident with high-grade Au in soil samples and granite-quartzite contact o VLF anomalies interpreted to repre
Slide 15: Wels Project Saddle Target
Wels Project SADDLE TARGET o 2023 drilling designed to expand the footprint of strong mineralization at Saddle target area o 6 drill holes testing >500m north-south footprint hosting stacked structures o WRC23-012 step out to the west nearly doubles the east – west strike length PAGE 15
Slide 16: Wels Project Saddle Target – Looking West
Wels Project SADDLE TARGET – LOOKING WEST o 2023 drilling identifies multiple new structures o First ever drilling of Saddle South returns high grade gold o Corridor now includes >8 mineralized structures o Fully open along strike and at depth PAGE 16
Slide 17: Wels Project Chai Target
Wels Project CHAI TARGET o Chai Target was previously untested o 3 holes, 432.8m drilled o Drilled a single SSW-oriented fence across the main target area o Hole 007: targeted mineralization in trench and rock samples o Hole 008: stepped back, drilled into prominent VLF anomaly north of trenches o H
Slide 18: Wels Project Chai Target – Looking West
Wels Project CHAI TARGET – LOOKING WEST PAGE 18
Slide 19: Wels Project All Targets
Wels Project ALL TARGETS Pekoe o Only 40% of the Wels property has been explored Oolong o 2023 drill program tested 6 new target areas Saddle o Mineralization intersected in 12 of 12 holes Gunpowder Chai Matcha PAGE 19
Slide 20: Si2 Project Overview
Si2 Project OVERVIEW Located in Esmeralda Massive ~8km2 steam County – 59km West of heated alteration cell in the Tonopah, NV Walker Lane district o World class jurisdiction o Incredible regional gold endowment >150Moz o K2’s Si2 project and AngloGold Ashanti’s Silicon project were both optioned fro
Slide 21: Si2 Project Striking Similarities
Si2 Project STRIKING SIMILARITIES AngloGold Ashanti’s Silicon Project and K2’s Si2 Project’s shared characteristics: Silicon Massive 8 km2 steam heated alteration cell Highly anomalous mercury at surface Powdery silica at surface Controlling structures identified using magnetic, and I.P. survey 2023
Slide 22: Si2 Project Geophysics + Geology
Si2 Project GEOPHYSICS + GEOLOGY PAGE 22
Slide 23: Si2 Project Geophysics + Geology
Si2 Project GEOPHYSICS + GEOLOGY Si2 ELF Model – <12.5 Ohm/m with Conceptual Alteration Model o Extremely Low Frequency (ELF) survey data constrained by increasing resistivity PAGE 23
Slide 24: Upcoming Catalysts
WHAT TO EXPECT FROM K2 GOLD Wels Property Exhibits Strong Similarities to Newmont’s Coffee Project • 12 holes drilled / 6 new target areas tested Upcoming • Program expanded mineralization footprint and was successful in proving the proof of concept exploration strategy Catalysts • 12 of 12 holes dr
Slide 25: Contact
TSX-V: KTO OTCQB: KTGDF FSE: 23K K2GOLD.COM CONTACT Email info@k2gold.com Phone +1 (604) 331-5090 Scan for more Address 1020 – 800 West Pender Street Information Vancouver, BC V6C 2V6