K2 Gold Reports Strong Initial Gold Solubility Results at Mojave

Original announcement by orestocks on

Company
K2 Gold Corporation
Ticker
KTO.V
Exchange
Unavailable
Region
Inyo County, California
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-09-16 11:59:12 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

K2 Gold reported strong initial gold solubility results from its Mojave Project in California, with 211 samples from 2026 drilling at the Dragonfly Zone showing a 97.1% aggregate soluble-gold-to-fire-assay-gold ratio. These new results are consistent with 2020 data, which returned a 95.0% ratio, and confirm the presence of readily leachable gold in an oxide environment. The company plans to conduct more comprehensive bottle-roll metallurgical testing to further evaluate gold extraction and processing parameters.

Reasoning: K2 Gold's initial gold solubility results are very high and consistent across multiple campaigns and labs, strongly indicating that the gold at the Mojave Project is readily leachable in an oxide environment. This significantly de-risks the project's metallurgical profile, although these are preliminary tests and further comprehensive work is planned.

Positive factors

  • High gold solubility (97.1% and 95.0%) indicates readily leachable gold
  • Consistency of results across different campaigns (2026 and 2020) and laboratories (ALS and Bureau Veritas)
  • Visual observation of widespread deep oxidation and low sulphur geochemistry supports amenability to cyanide leaching
  • Planning for more comprehensive bottle-roll metallurgical testing is a positive next step to de-risk processing

Negative factors

  • Current results are from preliminary cyanide solubility tests, not full-scale recovery tests (e.g., bottle roll or column leach)
  • Sample selection for solubility tests was biased to samples above a 0.100 g/t Au threshold, so not fully representative of all drilled material
  • Solubility tests alone do not establish commercial-scale recovery

Facts used in scoring: 21

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The aggregate gold solubility ratios of 97.1% (2026) and 95.0% (2020) are exceptionally high, indicating excellent leach amenability for gold.

Evidence · text

“A total of 211 mineralized samples from seven holes drilled in 2026 return a soluble-gold-to-fire-assay-gold ratio (“AuCN/AuFA ratio”) of 97.1%”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The technical information in the news release has been reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo., K2’s QP and Vice President of Exploration.

Evidence · text

“reviewed and approved by Eric Buitenhuis, M.Sc., P.Geo., K2’s QP and Vice President of Exploration.”

QA/QC Disclosedpositive · Story-specific tag

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

Why it applies: The release details QA/QC procedures including the use of ALS Laboratories and Bureau Veritas, as well as the insertion of coarse blanks and certified assay standards.

Evidence · text

“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%).”

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: The document describes 'readily leachable gold in an oxide environment' with 'extensive visual oxidation' and 'very low sulphur geochemistry', indicating simple processing characteristics.

Evidence · text

“readily leachable gold in an oxide environment to depths of up to 180 meters below surface”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are from cyanide solubility tests, which are preliminary analytical ratios, and the company is planning further bottle-roll metallurgical testing, indicating the current work is bench-scale.

Evidence · text

“These analytical ratios provide a preliminary indication of the potential amenability of the tested mineralization to cyanide leaching”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The document explicitly mentions 'potential heap-leach processing' as a possible application for the high gold solubility.

Evidence · text

“preliminary indication of the potential amenability of the tested mineralization to cyanide leaching, including potential heap-leach processing.”

Preliminary Testworkneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The results are described as 'initial gold-solubility results' and 'preliminary indication', with plans for 'more comprehensive bottle-roll metallurgical testing' as the 'next step'.

Evidence · text

“initial gold-solubility results from the Dragonfly Zone”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 6 distinct composites were tested

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Metallurgical Results (21)

cyanide solubility testMojave · goldRecovery: 97.1 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
211 mineralized samples from seven 2026 Dragonfly holes

Recovery

Recovery
97.1 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: The aggregate 97.1% gold solubility from 2026 drilling is a very strong initial indicator of amenability to cyanide leaching, de-risking future processing, though it is a preliminary test.

Positive factors

  • High gold solubility (97.1%) indicates readily leachable gold
  • Results from 211 samples across seven holes provide good initial coverage
  • Supports potential for low-cost processing methods like heap leaching

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Sample selection was biased to samples above a 0.100 g/t Au threshold

Evidence · text

“A total of 211 mineralized samples from seven holes drilled in 2026 return a soluble-gold-to-fire-assay-gold ratio (“AuCN/AuFA ratio”) of 97.1%”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97.1% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 95 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
206 paired samples from nine 2020 holes covering Dragonfly and Newmont

Recovery

Recovery
95 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: The 95.0% gold solubility from 2020 historical samples, re-evaluated by Bureau Veritas, consistently supports the positive leach amenability of the Mojave gold, reinforcing the 2026 results.

Positive factors

  • High gold solubility (95.0%) from historical data provides consistent positive indication
  • Results from 206 samples across nine holes provide good coverage
  • Consistency with 2026 results strengthens confidence in overall leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, though re-evaluated, is not new test work
  • Sample selection was biased to samples above a 0.100 g/t Au threshold

Evidence · text

“K2 conducted soluble gold check assays in 2020 on 206 paired samples from nine holes covering Dragonfly and Newmont and these data returned an aggregate AuCN/AuFA ratio of 95.0%”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 97 %Head Grade: 17.55Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
3.05m of 17.55 g/t Au in DF26-024

Recovery

Recovery
97 %
Recovery Basis
actual_test
Head Grade
17.55
Head Grade Unit
g/t

Lab

Laboratory
ALS Laboratories

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: A 97.0% gold solubility for a high-grade intercept of 17.55 g/t Au in DF26-024 is an excellent result, indicating that even high-grade mineralization is readily leachable.

Positive factors

  • Exceptional gold solubility (97.0%) for a high-grade intercept (17.55 g/t Au)
  • Confirms leach amenability for significant gold mineralization
  • Supports potential for economic extraction of high-grade zones

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Single intercept result, not a bulk sample

Evidence · text

“3.05m of 17.55 g/t Au in DF26-024 returned a 97.0% AuCN/AuFA ratio”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 99.4 %Head Grade: 3.77Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
18.29m of 3.77 g/t Au in DF26-018

Recovery

Recovery
99.4 %
Recovery Basis
actual_test
Head Grade
3.77
Head Grade Unit
g/t

Lab

Laboratory
ALS Laboratories

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: An outstanding 99.4% gold solubility for a wide intercept of 18.29m at 3.77 g/t Au in DF26-018 further reinforces the excellent leach amenability of the Mojave gold mineralization.

Positive factors

  • Exceptional gold solubility (99.4%) for a significant intercept (18.29m at 3.77 g/t Au)
  • Confirms leach amenability for substantial gold mineralization
  • Supports potential for economic extraction of wider zones

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Single intercept result, not a bulk sample

Evidence · text

“18.29m of 3.77 g/t Au in DF26-018 returned a 99.4% AuCN/AuFA ratio”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 99.4% is at or above the exceptional band (75%)

cyanide shake testMojave · goldRecovery: 91 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
scoping
Test Type
cyanide shake test
Processing Route
cyanide leaching
Sample
material >0.5 g/t Au

Recovery

Recovery
91 %
Recovery Basis
actual_test

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2013-10-30T00:00:00.000Z

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical cyanide shake tests by BHP showing up to 91% recovery provide further long-term evidence of the gold's leach amenability, reinforcing the current positive results.

Positive factors

  • Historical cyanide shake tests by BHP also indicated high recoveries (up to 91%)
  • Provides long-term consistency for leach amenability at the project

Negative factors

  • Very preliminary 'cyanide shake' tests, not comprehensive metallurgical work
  • Historical data from a previous operator, not K2 Gold's recent work

Evidence · text

“preliminary “cyanide shake” tests on the mineralization by BHP indicated recoveries up to 91% on material >0.5 g/t Au (see Great Bear Resources news release dated Oct. 30, 2013”
cyanide solubility testMojave · goldRecovery: 99.2 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-018

Recovery

Recovery
99.2 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-018 shows excellent gold solubility at 99.2%, contributing significantly to the strong overall 2026 program results.

Positive factors

  • Exceptional gold solubility (99.2%) for drill hole DF26-018
  • Contributes to the overall strong 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“99.2”

Context: DF26-018

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 99.2% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 93.4 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-019

Recovery

Recovery
93.4 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-019 demonstrates strong gold solubility at 93.4%, supporting the overall positive leach amenability of the project.

Positive factors

  • Strong gold solubility (93.4%) for drill hole DF26-019
  • Contributes to the overall positive 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“93.4”

Context: DF26-019

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 93.4% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.4 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-020

Recovery

Recovery
96.4 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-020 shows high gold solubility at 96.4%, reinforcing the positive metallurgical characteristics of the project.

Positive factors

  • High gold solubility (96.4%) for drill hole DF26-020
  • Contributes to the overall strong 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“96.4”

Context: DF26-020

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.4% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.7 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-021

Recovery

Recovery
96.7 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-021 demonstrates high gold solubility at 96.7%, further supporting the project's favorable metallurgical profile.

Positive factors

  • High gold solubility (96.7%) for drill hole DF26-021
  • Contributes to the overall strong 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“96.7”

Context: DF26-021

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.7% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 95.1 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-022

Recovery

Recovery
95.1 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-022 shows high gold solubility at 95.1%, adding to the consistent positive metallurgical indications from the 2026 program.

Positive factors

  • High gold solubility (95.1%) for drill hole DF26-022
  • Contributes to the overall strong 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“95.1”

Context: DF26-022

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.1% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 99.9 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-023

Recovery

Recovery
99.9 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-023 exhibits an outstanding 99.9% gold solubility, which is a highly positive indicator for future gold extraction and processing at Mojave.

Positive factors

  • Exceptional gold solubility (99.9%) for drill hole DF26-023, indicating near-complete leachability
  • Highest solubility recorded in the 2026 program, significantly de-risking processing

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“99.9”

Context: DF26-023

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 99.9% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.2 %View all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF26-024

Recovery

Recovery
96.2 %
Recovery Basis
actual_test

Lab

Laboratory
ALS Laboratories

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Drill hole DF26-024 shows high gold solubility at 96.2%, further confirming the positive metallurgical characteristics observed in the 2026 program.

Positive factors

  • High gold solubility (96.2%) for drill hole DF26-024
  • Contributes to the overall strong 2026 program results

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests

Evidence · table

“96.2”

Context: DF26-024

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.2% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.9 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF20-001

Recovery

Recovery
96.9 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole DF20-001 shows high gold solubility at 96.9%, providing consistent support for the project's positive metallurgical characteristics.

Positive factors

  • High gold solubility (96.9%) for historical drill hole DF20-001
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“96.9”

Context: DF20-001

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.9% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 95.7 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF20-002

Recovery

Recovery
95.7 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole DF20-002 shows high gold solubility at 95.7%, providing consistent support for the project's positive metallurgical characteristics.

Positive factors

  • High gold solubility (95.7%) for historical drill hole DF20-002
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“95.7”

Context: DF20-002

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.7% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 95.2 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF20-003

Recovery

Recovery
95.2 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole DF20-003 shows high gold solubility at 95.2%, providing consistent support for the project's positive metallurgical characteristics.

Positive factors

  • High gold solubility (95.2%) for historical drill hole DF20-003
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“95.2”

Context: DF20-003

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.2% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 93.1 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF20-004

Recovery

Recovery
93.1 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole DF20-004 shows strong gold solubility at 93.1%, providing consistent support for the project's positive metallurgical characteristics.

Positive factors

  • Strong gold solubility (93.1%) for historical drill hole DF20-004
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“93.1”

Context: DF20-004

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 93.1% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.7 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole DF20-006

Recovery

Recovery
96.7 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole DF20-006 shows high gold solubility at 96.7%, providing consistent support for the project's positive metallurgical characteristics.

Positive factors

  • High gold solubility (96.7%) for historical drill hole DF20-006
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“96.7”

Context: DF20-006

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.7% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 96.8 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole NM20-010

Recovery

Recovery
96.8 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole NM20-010 at the Newmont target shows high gold solubility at 96.8%, indicating consistent positive metallurgical characteristics across different zones of the Mojave project.

Positive factors

  • High gold solubility (96.8%) for historical drill hole NM20-010 at Newmont target
  • Extends positive leach amenability to the Newmont target area

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“96.8”

Context: NM20-010

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.8% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 91.9 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole NM20-011

Recovery

Recovery
91.9 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole NM20-011 at the Newmont target shows strong gold solubility at 91.9%, further supporting the project's positive metallurgical characteristics.

Positive factors

  • Strong gold solubility (91.9%) for historical drill hole NM20-011 at Newmont target
  • Consistent with other historical and recent results, reinforcing leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“91.9”

Context: NM20-011

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 91.9% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 98 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole NM20-016

Recovery

Recovery
98 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole NM20-016 at the Newmont target shows exceptional gold solubility at 98.0%, indicating highly favorable leach characteristics.

Positive factors

  • Exceptional gold solubility (98.0%) for historical drill hole NM20-016 at Newmont target
  • Contributes to the overall strong historical results from the Newmont target

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work

Evidence · table

“98.0”

Context: NM20-016

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98% is at or above the exceptional band (75%)

cyanide solubility testMojave · goldRecovery: 102.4 %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Mojave
Commodity
gold
Region
inyo county, california
Reported Region
Inyo County, California
Ticker
KTO.V

Test Work

Program Status
preliminary
Test Type
cyanide solubility test
Processing Route
cyanide leaching, potential heap leach
Sample
samples from drill hole NM20-017

Recovery

Recovery
102.4 %
Recovery Basis
actual_test

Lab

Laboratory
Bureau Veritas

Review

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

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Historical drill hole NM20-017 at the Newmont target shows an exceptionally high gold solubility of 102.4%, strongly indicating excellent leach amenability, though the value over 100% suggests some analytical noise.

Positive factors

  • Exceptional gold solubility (102.4%) for historical drill hole NM20-017 at Newmont target, indicating very high leach amenability

Negative factors

  • Results are from preliminary cyanide solubility tests, not full recovery tests
  • Historical data, not new test work
  • Recovery over 100% suggests analytical variability or rounding, lowering confidence slightly

Evidence · table

“102.4”

Context: NM20-017

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 102.4% is at or above the exceptional band (75%)

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.