K2 Gold Corporation · TSXV:KTO
K2 Gold — Investor Presentation (October 2026)
31 slides from K2 Gold's investor presentation, Oct 1, 2026
Slide 1: A California Gold Story: Drilling the next chapter
A CALIFORNIA GOLD STORY Drilling the next chapter CORPORATE PRESENTATION | FALL 2026 TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 2: Forward Looking Statements
FOWARD 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 L
Slide 3: The K2 Investment Case
THE K2 INVESTMENT CASE WHY K2.WHY NOW. 01 02 03 04 FUNDED TO EXECUTE THE MOJAVE FLAGSHIP REGULATORY DE -RISKING ACHIEVED THE DISCOVERY GROUP ADVANTAGE Multi -Year $27M 86.9 M @ 4.0 EXPERIENCED G/T AU REVIEW LEADERSHIP Treasury From Surface* COMPLETE Discovery, capital markets, and Strong balance she
Slide 4: Funded to Advance Mojave
CAPITAL STRUCTURE FUNDED TO ADVANCE MOJAVE. C$27M C$193.6M Treasury Market Capitalization 242M 263.3M Total Outstanding Fully Diluted 21.1M Options | 0 Warrants INDEPENDENT ANALYST COVERAGE as of September 30, with a closing share price of $0.82 Zach Matheson (416) 943 -6405 zach.matheson@atb.com TS
Slide 5: Experienced Management Team
LEADERSHIP EXPERIENCEDMANAGEMENT TEAM EXPERIENCE ACROSS EXPLORATION| CAPITAL MARKETS| FINANCE | GOVERNANCE| PROJECT EXECUTION John Robins Jessica Van Den Akker Executive Chairman and Chief Financial Officer and Director Corporate Secretary 35+ YEARS 20+ YEARS C$3B+ in M&A activity C$200M+ in financi
Slide 6: Board & Advisors: Strategy and Track Record
BOARD & ADVISORS STRATEGY AND TRACK RECORD EXPERIENCE ACROSS DISCOVERY, FINANCE, GOVERNANCE AND TRANSACTIONS Anthony Margarit Jim Paterson Steven Krause Carolyn Clark Loder Chase Taylor -Robins Director Director Director Director Director Luna Gold • Viva Gold Freeport Major & Junior MiningKaminak G
Slide 7: The Discovery Group Advantage
DISCOVERY GROUP THE DISCOVERY GROUP ADVANTAGE. A TRACK RECORD OF DISCOVERY, CAPITAL FORMATION AND SUCCESSFUL TRANSACTIONS FOUNDED M&A ACTIVITY EQUITY RAISED SELECT TRANSACTIONS 2002 $2.6B+ $1.3B+ $1.8B ACQUIRED BY $200M $520M $117M ACQUIRED BY ACQUIRED BY ACQUIRED BY Kinross Gold 2022 Royal Gold 202
Slide 8: Mojave: California Flagship
CALIFORNIA FLAGSHIP MOJAVE Inyo County, California ~6,000 ha • 100% owned TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 9: Why Mojave. Why Now.
MOJAVEAT A GLANCE WHY MOJAVE. WHY NOW. 05 ESTABLISHED MINING JURISDICTION 01HIGH GRADE GOLD 02 SCALE 86.9 m @ 4.0 g/t Au ~6,000 ha 100% owned from surface at Dragonfly* District -scale exploration footprint 03SYSTEM 04 CATALYST MULTIPLE NOWDRILLING TARGETS 14,000 m RC Program Underway* 100%-owned •
Slide 10: Mojave Timeline
MOJAVETIMELINE YEARS IN THE MAKING. NOW DRILLING. BUILDING ON KNOWN GOLD. THE NEXT PHASE OF EXPLORATION IS UNDERWAY 2019 2020 2021 APR.- MAY 2026 NOW K2 ENTERS PHASE I DRILLING PHASE I PROGRAM MULTI -YEAR ENVIRONMENTAL REVIEW FEDERAL EXPLORATION BACK TO MOJAVE SUBMITTED & CONSULTATION APPROVALS DRIL
Slide 11: A Small Footprint
RESPONSIBLE EXPLORATION A SMALLFOOTPRINT. Actual Drill Site at Mojave WHAT RESPONSIBLE EXPLORATION AT MOJAVE ACTUALLY LOOKS LIKE Typical operating footprint – 20’ x 30’ (timber support pad –16’ x 13’ where required) ~0.48 ACRES New surface disturbance under the approved program NO NEW ACCESS ROADS H
Slide 12: A Comprehensive Approach
RESPONSIBLE EXPLORATION A COMPREHENSIVE APPROACH. ENVIRONMENTAL, CULTURAL AND RECLAMATION MEASURES ARE BUILT INTO THE APPROVED PROGRAM BIOLOGICAL PRE -CLEARANCE CULTURAL -RESOURCE MONITORING ARCHAEOLOGICAL REVIEW Qualified biologists' complete Cultural monitors are on site Archaeological specialists
Slide 13: Mojave District Scale
MOJAVEDISTRICT SCALE MULTIPLEPOLYMETALLIC TARGETS DEFINED. A LARGE MINERALIZED SYSTEM WITH MULTIPLE GOLD, COPPER AND POLYMETALLIC TARGET AREAS ACROSS THE PROPERTY 5 4 GOLD COPPER TARGETS TARGETS Near- surface, high - grade oxide * 5 200+ SILVER –LEAD– HISTORIC MINES ZINC TARGETS & WORKINGS *Refers t
Slide 14: VTEM Inversion
GEOPHYSICS VTEMINVERSION. DISPLAYING DEEP FEEDER STRUCTURES TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 15: Establishing the Gold System
DRAGONFLY |2020 DRILLING ESTABLISHING THE GOLD SYSTEM. HERO INTERCEPT DF20- 002 86.9 M @4.0 G/T AU* FROM SURFACE INCLUDING 45.7 M @6.7 G/T AU DF20- 004 30.5m @7.2 g/t AU* incl. 15.2 m @11.1g/t AU DF 20- 003 62.5M @1.4 G/T AU* INCL. 18.3 M @ 3.2 G/T AU DF20- 001 51.8 M @ 1.2 G/T AU* INCL. 18.3M @3.1
Slide 16: Phase II Initial Drill Results
DRAGONFLY |AUGUST 18, 2026 PHASE IIINITIAL DRILL RESULTS. CROSS SECTION OF DRILLING IN THIS RELEASE AT MAP OF TARGET AREAS THROUGHOUT THE REGION THE DRAGONFLY ZONE, LOOKING NNE NEW DRAGONFLY RESULTS TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 17: High-Grade Gold Extended
DRAGONFLY |2026 RESULTS HIGH-GRADEGOLD EXTENDED. INITIAL 2026 RESULTS FROM A 40 M STEP- OUT NORTH OF K2'S 2020 DRILLING DF26-020 DF26-019 DF26-018 39.62 m @ 5.35 g/t Au 10.67 m @ 7.75 g/t Au 18.29 m @ 3.77 g/t Au incl. 25.91 m @ 7.14 g/t Au incl. 7.62 m @ 7.48 g/t Au Mineralization now confirmed ove
Slide 18: 14,000 m Phase II Drill Program Underway
MOJAVE |2026 PROGRAM 14,000 M PHASE II DRILL PROGRAM UNDERWAY. Rolling drill results from Dragonfly and subsequent target areas Follow -up drilling planned at Newmont Surface sampling and target -development results across Flores, Morningstar, Stegaand Gold Valley Advancing potential access to addit
Slide 19: The Next Frontier: Morningstar
MOJAVE |MORNINGSTAR THE NEXTFRONTIER. HIGH- GRADE SILVER–GOLD TARGET 750 m × 2 km polymetallic trend 615 rock samples collected in 2026 HISTORIC SUNSET • IGNACIO • MORNINGSTAR WORKINGS Gold • Silver • Copper • Base Metals SYSTEMATIC SURFACE EXPLORATION IS REFINING TARGETS ACROSS A HISTORICALLY MINER
Slide 20: An Untested Copper–Gold Target
MOJAVE |STEGA AN UNTESTED COPPER–GOLD TARGET. ~1.8 KM MINERALIZED TREND Open to the N–NW toward Soda Valley UP TO 14.2% CU Rock grab sampling UP TO 12.68 G/T AU Rock sampling SURFACE MINERALIZATION DEFINES A LARGE COPPER–GOLD TARGET THAT REMAINS UNTESTED BY DRILLING. TSXV: KTO | OTCQX:KTGDF | FSE: 2
Slide 21: What Comes Next at Mojave
MOJAVEROADMAP WHAT COMES NEXT AT MOJAVE. A CATALYST- RICH EXPLORATION PROGRAM DESIGNED TO BUILD THE DATASET AND DEFINE THE OPPORTUNITY NOW NEAR TERM THROUGH FALL NEXT PHASE 2027 LONGER TERM DRILLING INITIAL ONGOING DRILL POTENTIAL POTENTIAL BROADER DEFINE THE UNDERWAY RESULTS RESULTS ADDITIONAL ACCE
Slide 22: Nevada Gold-Silver Project: SI2
NEVADA GOLD - SILVER PROJECT SI2 Esmeralda County, Nevada 118 claims • 986 hectares TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 23: SI2 | Walker Lane, Nevada
SI2 | WALKER LANE, NEVADA LARGEEPITHERMAL SYSTEM. ~8 km² 100% STEAM -HEATED ALTERATION SYSTEM OWNED Alteration characteristics consistent with a preserved low -sulphidation epithermal systemin Nevada’s established Walker Lane gold district. S i l i co n/A rthur i s a n ex p l o ra tio n a na l o g u
Slide 24: Following the System Deeper
TARGETINGSTRATEGY FOLLOWING THE SYSTEM DEEPER. INTEGRATED TECHNICAL WORK REFINED DEEPER STRUCTURAL TARGETS ACROSS THE SI2 SYSTEM 01 02 FI R ST K2 DR I LL TEST AOI3 • AOI4 • AOI5 2023 DRILLING 2026 DRILL TEST Confirmed a gold -bearing 3,871 m | 8 holes | epithermal system 5 target areas 03 04 TARGET
Slide 25: A Large Gold-Bearing System Confirmed
SI2 | 2026 DRILL RESULTS A LARGE GOLD -BEARINGSYSTEM CONFIRMED. 2026 DRILLING EXPANDED K2'S UNDERSTANDING OF THE SCALE AND ARCHITECTURE OF THE EPITHERMAL SYSTEM 01 02 03 BROAD GOLD ANOMALISM GOLD-BEARING QUARTZ SYSTEM SCALE VEINING 210.3 m 1.286 g/t Au over 3.04 m Gold-bearing hydrothermal @ 0.123 g
Slide 26: Yukon Portfolio: Wels + Wolf
YUKON PORTFOLIO WELS + WOLF Western and west -central Yukon, Canada 1,395 claims • approximately 29,087 hectares TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 27: Yukon Portfolio
YUKONPORTFOLIO TWO GOLD PROJECTS IN THE TINTINA GOLD BELT. DRILLED GOLD MINERALIZATION AT WELS. DISTRICT - SCALE DISCOVERY POTENTIAL AT WOLF WELS WOLF 7,200 HA 21,887 HA Drilled gold system 10 km gold- in- soil anomaly Multiple mineralized trends Greenfield targets TSXV: KTO | OTCQX:KTGDF | FSE: 23K
Slide 28: High-Grade Gold. Multiple Structures.
WELS | SADDLE TARGET HIGH-GRADE GOLD. MULTIPLE STRUCTURES. SADDLE SOUTH | 2023 34.7 G/T AU OVER 1.52 M WRC23- 006 1.60 G/T AU OVER 21.34 M incl. 3.22 g/t Au over 9.14 m WRC23- 005 S A DDLE M A IN | HISTO R ICAL DR ILLIN G 10.38 G/T AU OVER 6.0 M* 3.53 G/T AU OVER 19.5 M* Multiple mineralized structu
Slide 29: District-Scale Greenfield Opportunity
WOLF DISTRICT-SCALEGREENFIELD OPPORTUNITY. A LARGE LAND POSITION SPANNING KNOWN GOLD ANOMALISM AND EARLIER - STAGE DISCOVERY TARGETS 01 02 03 DISTRICT -SCALE LAND WOLF SOUTH WOLF NORTH POSITION >10 KM GOLD -IN-SOIL GREENFIELD 21,887 ha ANOMALY TARGETS Known gold anomalism across a large, Coarse gold
Slide 30: Upcoming Catalysts
UPCOMINGCATALYSTS MOJAVE DRIVES NEAR-TERM NEWS FLOW. SI2| STRATEGIC OPTIONALITY | CALIFORNIA FLAGSHIP MOJAVE 2026 drilling provided further evidence of a- large gold 14,000 M DRILL PROGRAM UNDERWAY bearing epithermal system. Technical evaluation underway to inform potential - next Sustained sequence
Slide 31: A California Gold Story
A CALIFORNIA GOLD STORY Drilling the next chapter Explore K2Gold.com info@k2gold.com | +1 (604) –5090 331 1020– 800 West Pender Street, Vancouver, BC V6C 2V6 TSXV: KTO | OTCQX:KTGDF | FSE: 23K