K2 Gold Approves $9.8 Million 2026 Budget

Core Viewpoint - K2 Gold Corporation has approved a budget of $9.8 million for 2026 to advance the Mojave Project and fund drill testing of new targets at the Si2 Project in Nevada, indicating a strategic focus on exploration and development in key projects [1][2]. Mojave Project - The Mojave Project features a polymetallic mineralized system with a 5 km corridor of high-grade gold and copper mineralization, showcasing significant exploration potential [3]. - Historical production in the broader district includes 4.4 million ounces of silver and substantial amounts of lead and zinc, highlighting the area's rich mining history [3]. - Recent drilling results at Mojave have shown promising gold grades, including samples with up to 375 g/t Au and significant copper grades from various target areas [6][17]. Si2 Project - The Si2 Project has identified new high-priority targets that are analogous to significant low-sulphidation epithermal gold deposits, with potential for substantial gold deposition [5][6]. - The upcoming drilling at Si2 will be the first systematic test of these new targets, which have been defined through recent studies [6]. Wels Project - The Wels Project, located in the Tintina Gold Belt, consists of 350 contiguous quartz claims covering 7,200 hectares and has shown near-surface high-grade gold intervals in previous drilling [9]. Marketing Agreements - K2 Gold has engaged Machai Capital Inc. and Winning Media LLC for digital marketing services, with agreements totaling C$200,000 and US$100,000 respectively, to enhance the company's marketing efforts [9][10]. Company Overview - K2 Gold Corporation is focused on advancing gold exploration projects in mining-friendly jurisdictions across the Western U.S. and Canada, with a commitment to responsible exploration and community engagement [13][14].