K2 Gold Advances Toward Final EIS and Continues to Uncover High-Grade Gold at Mojave Project

Core Insights - K2 Gold Corporation is making significant progress in exploration and permitting at its Mojave Project, which is a promising oxide gold project in California [2][4] - The company is nearing the completion of the Final Environmental Impact Statement (EIS), which is crucial for advancing its Phase II drill program [5][10] - Recent rock sampling has confirmed high-grade gold mineralization in new zones, enhancing the project's potential [5][6] Exploration Progress - A total of 74 rock samples were collected from the Eastern Target Area, aimed at identifying high-potential drill targets for future exploration [4] - High-grade gold values were reported, including 27.6 g/t Au and 21.5 g/t Au from the Gold Valley area, and 3.07 g/t Au and 4.02 g/t Au from the Flores Area [5][6] - The East Zone has shown significant mineralization over extensive areas, with confirmed gold values extending 280m and 750m from previous discovery samples [8] Permitting Milestones - The Bureau of Land Management (BLM) is preparing the Final EIS, which will incorporate public feedback from a 45-day comment period [5][10] - The completion of the Final EIS is a critical milestone for K2 Gold, ensuring compliance with regulatory requirements and facilitating further exploration activities [10] Company Overview - K2 Gold Corporation is focused on advancing gold exploration projects in mining-friendly jurisdictions across the Western U.S. and Canada [15] - The Mojave Project spans 5,830 hectares and includes multiple previously drilled oxide gold targets, with ongoing exploration efforts utilizing various geological survey methods [15]