Northwire Canada EditionSunday, November 1, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

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.
KTO · Price
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).
Read the original news release →

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