# K2 Extends Dragonfly Structure and Identifies Additional High-Grade Gold at Flores Target Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246 Original source: https://www.globenewswire.com/news-release/2026/10/08/3377104/0/en/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flores-target.html Publisher: globenewswire Original announcement: 2026-10-08T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-08T13:11:47.539Z Atlas analysis updated: 2026-10-08T13:11:47.539Z - Company: K2 Gold Corporation - Ticker: KTO - Exchange: Unavailable - Region: California - Primary commodity: Gold - Secondary commodities: Copper, Silver, Lead, Zinc - Document categories: Drill results, Other - Extracted: 2026-10-08 13:11:48 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary K2 Gold has reported high-grade surface rock chip results from its Mojave Project in California, extending the Dragonfly target strike and identifying new high-grade gold at the Flores target. The sampling program also returned significant copper grades at the Stega zone and polymetallic results at Soda Ridge. Reasoning: Significant high-grade surface geochemistry results extending known structures and identifying new high-grade zones across multiple targets. - Positive factor: High-grade rock chip results \(up to 28.8 g/t Au\) - Positive factor: Extension of Dragonfly target strike by 480m - Positive factor: Discovery of new high-grade gold at Flores Core - Positive factor: Strong copper grades at Stega \(24.8% Cu\) Facts used in scoring: 9 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: New high-grade rock samples extend the Dragonfly target 480m to the south. Evidence · text > extend the Dragonfly target 480m to the south **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: Release details specific laboratory methods \(MSA, ALS\), preparation procedures, and QA/QC protocols \(blanks, standards\). Evidence · text > Quality Assurance and Quality Control procedures include the insertion of coarse blanks and certified assay standards ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### C0105377 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-0) Mojave Project · gold #### Identity - Hole ID: C0105377 - Project: Mojave Project - Commodity: gold - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 10.9 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Dragonfly - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 10.9 g/t Au is a strong high-grade surface sample extending the Dragonfly target. - Positive factor: High-grade intercept Evidence · text > returning 10.9 g/t Au \(C0105377\) #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### C0105618 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-1) Mojave Project · gold #### Identity - Hole ID: C0105618 - Project: Mojave Project - Commodity: gold - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 6.73 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Dragonfly - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 6.73 g/t Au is a strong high-grade surface sample. - Positive factor: High-grade intercept Evidence · text > 6.73 g/t Au \(C0105618\) #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### C0077521 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-2) Mojave Project · gold #### Identity - Hole ID: C0077521 - Project: Mojave Project - Commodity: gold - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 12.35 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Flores Core - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 12.35 g/t Au represents previously unknown high-grade gold at Flores Core. - Positive factor: High-grade intercept - Positive factor: New discovery Evidence · text > Sample C0077521 returned 12.35 g/t Au #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-3) Mojave Project · copper #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: copper - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 24.8 - Grade Unit: % #### Classification - Sample Type: surface #### Location - Location: Stega - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 24.8% Cu is an exceptional grade for a surface sample. - Positive factor: Exceptional copper grade Evidence · text > 24.8% Cu #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-4) Mojave Project · silver #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: silver - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 252 - Grade Unit: ppm #### Classification - Sample Type: surface #### Location - Location: Stega - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 252 ppm Ag is a byproduct silver grade. Evidence · text > 252 ppm Ag #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-5) Mojave Project · gold #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: gold - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 0.25 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Flores - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 0.25 g/t Au is a low-grade sample. Evidence · text > sample 608316 returning 0.250 g/t Au #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-6) Mojave Project · silver #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: silver - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 81.4 - Grade Unit: g/t #### Classification - Sample Type: surface #### Location - Location: Flores - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 81.4 g/t Ag is a byproduct silver grade. Evidence · text > 81.4 g/t Ag #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-7) Mojave Project · lead #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: lead - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 6.12 - Grade Unit: % #### Classification - Sample Type: surface #### Location - Location: Flores - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 6.12% Pb is a byproduct lead grade. Evidence · text > 6.12% Pb #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ### 608316 [Link to this fact](https://atlas-staging.minestarters.com/news/k2-extends-dragonfly-structure-and-identifies-additional-high-grade-gold-at-flor--1d2171f5-47c6-4203-aa16-54ded531b246#fact-drill-facts-8) Mojave Project · zinc #### Identity - Hole ID: 608316 - Project: Mojave Project - Commodity: zinc - Region: california - Reported Region: California - Ticker: KTO #### Geometry - Grade: 0.48 - Grade Unit: % #### Classification - Sample Type: surface #### Location - Location: Flores - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-08T00:00:00.000Z Reasoning: 0.48% Zn is a byproduct zinc grade. Evidence · text > 0.48% Zn #### Tags used in scoring **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: qaqc\_disclosed is 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 **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: "Soda Ridge Soda Ridge is located at the far northern edge of the Mojave Project, contiguous with K2’s Morningstar Projec" ## 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.