# Drilling Underway at K2 Gold's Mojave Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--a5d408d9-9a4a-47e5-b6f7-c04c178b1158 Original source: https://orestocks.com/company/KTO.V/press-releases/6887656852915096 Publisher: orestocks Original announcement: 2026-06-25T20:02:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T02:50:04.676Z Atlas analysis updated: 2026-10-01T02:50:04.676Z - Company: K2 Gold Corporation - Ticker: KTO - Exchange: TSXV - Region: California - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-10-01 02:50:05 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary K2 Gold has commenced its 2026 exploration and drilling program at the Mojave Project in California. The program includes an initial 5,650m of drilling focused on the Dragonfly and Newmont zones, supported by a fully approved Environmental Impact Statement and a $9.8M budget. Reasoning: The announcement marks the start of a significant 14,000m drilling campaign at a permitted and funded project, though the primary news is the commencement of work rather than new assay results. - Positive factor: commencement of major drilling program - Positive factor: fully permitted project - Positive factor: fully funded exploration budget Facts used in scoring: 4 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions the technical information was reviewed and approved by a Qualified Person \(QP\). Evidence · text > reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo., K2's QP ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--a5d408d9-9a4a-47e5-b6f7-c04c178b1158#fact-drill-facts-0) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 4 - Grade Unit: g/t - Intercept: 86.9 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-11-30T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical discovery intercept reported for context. - Positive factor: high grade for discovery intercept Evidence · text > 86.9m grading 4.0 g/t Au from surface #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--a5d408d9-9a4a-47e5-b6f7-c04c178b1158#fact-drill-facts-1) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 10.9 - Grade Unit: g/t - Intercept: 24.4 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-11-30T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: High grade sub-interval of historical intercept. - Positive factor: bonanza grade intercept Evidence · text > 24.4m grading 10.9 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--a5d408d9-9a4a-47e5-b6f7-c04c178b1158#fact-drill-facts-2) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 1.64 - Grade Unit: g/t - Intercept: 41.15 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-02-04T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical intercept reported for context. Evidence · text > 41.15m grading 1.64 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/drilling-underway-at-k2-gold-s-mojave-project--a5d408d9-9a4a-47e5-b6f7-c04c178b1158#fact-drill-facts-3) Mojave · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Mojave - Commodity: gold - Region: california - Reported Region: california - Ticker: KTO #### Geometry - Grade: 2.36 - Grade Unit: g/t - Intercept: 10.67 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-02-04T00:00:00.000Z #### Dates - Event date: 2026-06-25T00:00:00.000Z Reasoning: Historical sub-interval reported for context. Evidence · text > 10.67m grading 2.36 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "An initial 3,000m of drilling is allocated to Dragonfly to test the extent of the high-grade gold in the discovery struc" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.