Drill Results
K2 Gold Drills Extensive Disseminated Mineralization and Gold-Silver Epithermal Quartz Veins at Si2 Project
K2 Gold confirms a large epithermal system at Si2, though drilling continues to return grades that remain sub-economic.

Executive Summary
- K2 Gold Corporation released assay results from its 2026 RC drilling program at the Si2 Gold Project in Nevada.
- The program completed 3,871 meters across 8 holes, testing five target areas (AOI1-5).
- Results confirm a large, preserved low-sulphidation epithermal gold system with broad disseminated mineralization and high-grade quartz veins.
- Key intercepts include 210.31m at 0.123 g/t Au in hole SR26006 and a high-grade vein intersection of 1.52m at 2.367 g/t Au with 8.13 g/t Ag in hole SR26008.
- No economic grades were intersected in this phase.
- Management highlighted that the fluid inclusion results correlate with drill results and the extensive surface alteration is consistent with a fully preserved epithermal system.
- Next steps include expanded mapping, step-out drilling at AOI3, AOI4, and AOI1, and seeking joint venture partners.
Material Impact
- The release is a Routine - Positive update. It follows the completion of the drill program in March 2026 and the mobilization of the Mojave drill rig on June 16.
- The results are expected and incremental, validating the geological model but falling short of economic grades.
- The news does not change the company's financial outlook or trigger immediate price movement, as the market anticipated sub-economic but geologically significant results.
- It reinforces the company's exploration thesis but shifts near-term focus to the Mojave Project, where drilling has just commenced.
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Company Overview
- K2 Gold Corporation is an exploration-stage company focused on gold projects in the Western United States and Canada.
- Flagship Project: Mojave Project (5,830 hectares in Inyo County, California). Known for high-grade oxide gold, with historic intercepts including 86.9m @ 4.0 g/t Au at the Dragonfly Zone.
- Other Assets: Si2 Project (Nevada, Walker Lane Trend), Wels Project (Yukon), and Wolf Project (Yukon, newly staked 21,887 hectares).
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Jul 07, 2026 · 06:01