- K2 Gold Corporation (KTGDF, Financial) now owns 100% of the Mojave Project in California.
- Promising exploration results include drilling of 86.9m at 4.0 g/t Au and rock samples up to 375 g/t Au.
- This acquisition enhances K2's control over exploration and development activities.
K2 Gold Corporation (KTGDF) has taken a significant step forward by securing full ownership of its flagship Mojave Project, located in Inyo County, California. This strategic milestone provides K2 Gold with complete control and flexibility over exploration and development, highlighting the company's commitment to unlocking the project's substantial gold potential.
The 5,380-hectare Mojave Project is situated in a largely underexplored region of southern California. It has exhibited promising exploration results, including drilling results from 2020 that showed 86.9 meters at 4.0 grams per tonne (g/t) gold (Au) and rock grab samples with exceptional grades reaching up to 375 g/t Au. These findings underscore the project's high-grade gold targets and district-scale potential.
Anthony Margarit, President & CEO of K2 Gold, expressed enthusiasm, stating, "We are delighted to have secured 100% of the Mojave property. This milestone strengthens our ownership position and is a testament to our belief in the project's value." With full ownership, K2 Gold is poised to advance permitting processes and initiate the next phases of drilling and exploration.
The acquisition reflects K2 Gold's confidence in the Mojave Project's exceptional exploration upside, positioning the company to systematically explore and develop the property further. As part of the Discovery Group, K2 Gold continues to leverage its experienced team and strategic assets in top-tier jurisdictions to create lasting value for shareholders and stakeholders.
