Toronto, ON – TheNewswire – October 14 2020 – Utilizing a Canadian helicopter and crew to eliminate risk of their helicopter being confiscated for California fire-fighting efforts, K2Gold Corporation (TSXV:KTO) (OTC: KTGDF) has begun a four-week drill program at its Mojave project in Inyo County in Southern California.
The drill program will span 16 holes and focus on two gold rich zones known as Dragonfly and Newmont, which collectively span a 4.5-kilometer strike length of known mineralization.
Swatton says the short delays were actually beneficial, as it gave him physical time on the ground to meet with local leaders and discuss the possibility of breathing new life (and jobs) into a historical California mining region which has gone dormant.
About K2 Gold
K2 is a well-financed gold and silver exploration company with approximately $2.5M cash and projects in SW USA and the Yukon. In USA, the Company is represented by its 100% subsidiary, Mojave Precious Metals Inc. The Company is focused on the Mojave property in California, a 5,830 hectare oxide gold project with base metal targets. The location of Mojave enables the Company to have year-round news flow on multiple previously recognized surface gold targets that have been successfully drilled in the past by majors BHP and Newmont. Besides affording immediate drill targets based on the Company’s soil data integrated with LiDAR and Worldview-3 data, the property also has undrilled locations with gold enriched historical trench results including one at the Dragonfly zone which recorded 4.2 g/t gold over 42.7m (BHP data). For more information visit www.k2gold.com.
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