K2 Drills 53.34m of 2.00 g/t Au at Dragonfly, Including High-Grade Oxide Core of 15.24m of 5.33 g/t Au

Original announcement by globenewswire on

Company
K2 Gold Corporation
Ticker
KTO
Exchange
Unavailable
Region
Inyo County, California
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-22 12:39:09 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

K2 Gold Corporation announced new drill results from four holes at the Dragonfly Zone of its Mojave Project in California, confirming and extending high-grade oxide gold mineralization. Hole DF26-028 returned a significant intercept of 53.34m at 2.00 g/t Au, including a high-grade core of 15.24m at 5.33 g/t Au, extending the known mineralization southward into previously untested ground. The results continue to demonstrate multiple stacked gold-bearing structures that remain open in all directions.

Reasoning: New drill results confirm and extend high-grade oxide gold mineralization at the Dragonfly Zone, with several strong to exceptional intercepts, particularly in hole DF26-028, indicating significant potential for further expansion.

Positive factors

  • High-grade oxide gold intercepts
  • Extension of mineralization along strike
  • Confirmation of multiple stacked structures
  • Strong QA/QC disclosure

Negative factors

  • True width of intercepts is unknown
  • Presence of deleterious elements (arsenic, antimony)

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 19

Classification and evidence

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported widths are drilled/apparent widths and true thickness is currently unknown.

Evidence · text

“*Reported widths are from angled drill holes and are drilled/apparent widths; true thickness of mineralization is currently unknown.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions that the technical information was reviewed and approved by a QP, and details the analytical work performed by ALS Laboratories, including the use of blanks and certified assay standards.

Evidence · text

“The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo., K2’s QP and Vice President of Exploration. The analytical work for the 2026 drilling program was performed by ALS Laboratories (“ALS”) an internationally recognized and accredited analytical services provider. ... Quality Assurance and Quality Control procedures include inserting coarse blanks and certified assay standards into the sample string at a rate of approximately 1/10 (10%).”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling in hole DF26-028 tested southeastward into previously untested ground and extended the known mineralization southward.

Evidence · text

“DF26-028 tested southeastward along the interpreted mineralized structures into previously untested ground with limited surface gold expression. ... This high-grade interval in the southernmost hole drilled at Dragonfly to date extends the known mineralization southward”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 15.24m at 5.33 g/t Au in DF26-028 exceeds the exceptional threshold of 5 g/t Au for open pit gold.

Evidence · table

“5.33”

Context: 15.24

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The high-grade core in DF26-028 is described as an 'arsenic-antimony barium-rich interval'.

Evidence · text

“arsenic-antimony barium-rich interval”

Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

Drill Results (19)

DF26-025Mojave · goldGrade: 0.23Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
15.24 m
From
7.62 m
To
22.86 m
Hole Depth
192.02 m
Intercept Depth
7.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:7.62-22.86
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, which is less significant compared to other higher-grade results in the release.

Negative factors

  • Low grade

Evidence · table

“0.23”

Context: 15.24

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-025Mojave · goldGrade: 1.16Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
15.24 m
From
68.58 m
To
83.82 m
Hole Depth
192.02 m
Intercept Depth
7.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:68.58-83.82
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization, contributing to the overall understanding of the zone's potential.

Evidence · table

“1.16”

Context: 15.24

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-025Mojave · goldGrade: 1.25Grade Unit: g/tIntercept: 18.29 mView all details
Link to this fact

Identity

Hole ID
DF26-025
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
18.29 m
From
100.58 m
To
118.87 m
Hole Depth
192.02 m
Intercept Depth
7.62 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-025:100.58-118.87
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-68 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization, further defining the extent of the mineralized structures.

Evidence · table

“1.25”

Context: 18.29

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 1.29Grade Unit: g/tIntercept: 38.1 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
38.1 m
From
50.29 m
To
88.39 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:50.29-88.39
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This broad intercept shows moderate gold mineralization within an alteration envelope, indicating a significant mineralized zone.

Evidence · table

“1.29”

Context: 38.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 3.29Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
3.29
Grade Unit
g/t
Intercept
4.57 m
From
50.29 m
To
54.86 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:50.29-54.86
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade sub-interval within DF26-026 is a strong result for open pit gold, indicating a significant mineralized zone.

Positive factors

  • Strong gold grade

Evidence · table

“3.29”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 3.75Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
3.75
Grade Unit
g/t
Intercept
4.57 m
From
71.63 m
To
76.2 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:71.63-76.2
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade sub-interval within DF26-026 is a strong result for open pit gold, further highlighting the presence of significant mineralization.

Positive factors

  • Strong gold grade

Evidence · table

“3.75”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-026Mojave · goldGrade: 0.71Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-026
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
4.57 m
From
140.21 m
To
144.78 m
Hole Depth
192.02 m
Intercept Depth
50.29 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-026:140.21-144.78
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, but still contributes to understanding the overall mineralized system.

Evidence · table

“0.71”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
15.24 m
From
9.14 m
To
24.38 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:9.14-24.38
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, which is less significant compared to other higher-grade results in the release.

Negative factors

  • Low grade

Evidence · table

“0.33”

Context: 15.24

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 2.07Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
2.07
Grade Unit
g/t
Intercept
6.1 m
From
60.96 m
To
67.06 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:60.96-67.06
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows strong gold mineralization for open pit, contributing positively to the overall prospectivity of the zone.

Positive factors

  • Strong gold grade

Evidence · table

“2.07”

Context: 6.10

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.54Grade Unit: g/tIntercept: 7.62 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
7.62 m
From
83.82 m
To
91.44 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:83.82-91.44
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, but still indicates the presence of gold-bearing structures at depth.

Evidence · table

“0.54”

Context: 7.62

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-027Mojave · goldGrade: 0.54Grade Unit: g/tIntercept: 68.58 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF26-027
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
68.58 m
From
114.3 m
To
182.88 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-027:114.3-182.88
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
70 °
Dip
-84 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This broad intercept, despite moderate grade, demonstrates that gold-bearing alteration of significant width persists at depth, which is a positive for resource potential.

Positive factors

  • Significant intercept length

Evidence · table

“0.54”

Context: 68.58

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 0.33Grade Unit: g/tIntercept: 13.72 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
13.72 m
From
9.14 m
To
22.86 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:9.14-22.86
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization in the upper part of the hole, indicating initial gold-mineralized structures.

Negative factors

  • Low grade

Evidence · table

“0.33”

Context: 13.72

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 2.11Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
2.11
Grade Unit
g/t
Intercept
4.57 m
From
44.2 m
To
48.77 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:44.2-48.77
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows strong gold mineralization for open pit, correlating with altered siltstone and contributing to the overall prospectivity.

Positive factors

  • Strong gold grade

Evidence · table

“2.11”

Context: 4.57

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 2Grade Unit: g/tIntercept: 53.34 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
2
Grade Unit
g/t
Intercept
53.34 m
From
70.1 m
To
123.44 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:70.1-123.44
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This broad intercept shows strong gold mineralization for open pit, extending the known mineralization southward and highlighting the potential for additional gold mineralization.

Positive factors

  • Strong gold grade
  • Significant intercept length
  • Extension of mineralization

Negative factors

  • Presence of deleterious elements

Evidence · table

“2.00”

Context: 53.34

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 5.33Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
5.33
Grade Unit
g/t
Intercept
15.24 m
From
82.3 m
To
97.54 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:82.3-97.54
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This high-grade core is an exceptional result for open pit gold, significantly extending the known mineralization and indicating strong potential.

Positive factors

  • Exceptional gold grade
  • Significant intercept length
  • Extension of mineralization

Negative factors

  • Presence of deleterious elements

Evidence · table

“5.33”

Context: 15.24

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · goldGrade: 1.63Grade Unit: g/tIntercept: 4.57 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.63
Grade Unit
g/t
Intercept
4.57 m
From
166.12 m
To
170.69 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:166.12-170.69
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows moderate gold mineralization, further indicating the presence of gold-bearing structures at depth in previously untested ground.

Evidence · text

“4.57m of 1.63 g/t Au from 166.12m downhole”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF26-028Mojave · silverGrade: 4.8Grade Unit: g/tIntercept: 15.24 mView all details
Link to this fact

Identity

Hole ID
DF26-028
Project
Mojave
Commodity
silver
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
4.8
Grade Unit
g/t
Intercept
15.24 m
From
82.3 m
To
97.54 m
Hole Depth
192.02 m
Intercept Depth
9.14 m

Classification

Program
exploration
Sample Type
drill
Group ID
DF26-028:82.3-97.54
Mining Method
open_pit

Location

Easting
433009
Northing
4039081
CRS
UTM NAD83 Z11
Elevation
2201 m
Azimuth
110 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, antimony

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: Silver is present as a byproduct in the high-grade gold interval, adding minor value to the mineralization.

Evidence · text

“silver up to 4.80 g/t”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF20-002Mojave · goldGrade: 1.16Grade Unit: g/tIntercept: 15.24 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF20-002
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.16
Grade Unit
g/t
Intercept
15.24 m
From
68.58 m
To
83.82 m

Classification

Sample Type
drill

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, which is less significant compared to other higher-grade results in the release.

Negative factors

  • Low grade

Evidence · text

“15.24m of 1.16 g/t Au from 68.58m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

DF20-002Mojave · goldGrade: 1.25Grade Unit: g/tIntercept: 18.29 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DF20-002
Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
inyo county, california
Ticker
KTO

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
18.29 m
From
100.58 m
To
118.87 m

Classification

Sample Type
drill

QA/QC

Laboratory
ALS Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2026-09-22T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization, which is less significant compared to other higher-grade results in the release.

Negative factors

  • Low grade

Evidence · text

“18.29m of 1.25 g/t Au from 100.58m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Results from these four holes drilled off the third pad of the 2026 program confirm the presence of multiple stacked str"

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.