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K2 Gold – Draft EIS Published for Mojave Project, Drilling on Horizon

Cory
May 6, 2025

 

President and CEO Anthony Margarit, President and CEO of K2 Gold (TSX.V:KTO – OTCQB: KTGDF – FSE:23K) joins me for an in-depth update on the company’s flagship Mojave Project in California, following the draft publish of the long-awaited Environmental Impact Statement (EIS).

 

K2 just closed an oversubscribed $3.6M financing and is now poised to begin drilling at Mojave for the first time in years. Anthony walks us through:

 

  • A recap of the Mojave Project, including past high-grade oxide gold intercepts (e.g., 86.9m @ 4 g/t Au) and district-scale potential

  • Details on the EIS, the public comment period, and how this process will streamline long-term development and de-risk future permitting

  • Drill plans: 30 pads and up to 120 holes across key target areas including Dragonfly, Remi, and Newmont

  • The new Gold Valley target, with bonanza-grade surface samples and broader expansion potential along a 5km gold trend

  • Polymetallic upside on the west side of the property, including copper samples grading up to 14.2% Cu

Anthony also shares timelines for potential drill permits (expected June), drilling budgets, and next news catalysts for investors to watch.

 

If you have any follow up questions for Anthony please comment below or email me at Fleck@kereport.com

 

Click here to visit the K2 Gold website.

 

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