Core Insights - K2 Gold Corporation has achieved significant milestones in 2025, positioning itself for a high-impact exploration phase in 2026, particularly at its Mojave Project in California [1][2][3]. Milestones and Achievements - The company published the Final Environmental Impact Statement (FEIS) for the Mojave Exploration Drilling Project, marking a critical federal permitting benchmark [4][5]. - K2 secured 100% ownership of the Mojave Project, enhancing its strategic and operational control [6]. - The company completed an agreement to acquire 100% interest in the Si2 Project in Nevada, further expanding its portfolio [7][8]. Exploration and Technical Developments - K2 has refined multiple high-grade, near-surface gold targets at Mojave, including the Dragonfly Zone, which reported 86.9 meters of 4.0 g/t Au [9][10]. - The Eastern Target Area showed promising results with channel samples of 3.78 g/t Au over 43 meters, indicating a greater than 5-kilometer-long structural corridor with multiple high-grade targets [11][12]. Financial Position - The company strengthened its balance sheet in 2025, achieving a total treasury of approximately $10.5 million by year-end through oversubscribed financings and the exercise of over 40 million warrants [13][14]. Future Outlook - With permitting advanced and funding secured, K2 is preparing for a systematic drill program at Mojave, with further details on the 2026 exploration plan to be released soon [14]. - The Si2 Project is positioned as a second growth engine, with studies indicating the potential for significant gold grades below historical drilling depths [15][16].
K2 Gold Delivers Transformational Year in 2025
TMX Newsfile·2025-12-22 11:00