Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
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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