Highlights include 34.7 g/t Au over 1.52m and 1.60 g/t Au over 21.34m
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2023) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") today announced the first assay results from its 2023 Reverse Circulation ("RC") drilling program at the Wels Project, located in west-central Yukon 60km south of Newmont's Coffee gold deposit. Results from a proof-of-concept program consisting of six holes targeting the Saddle, Saddle North, and Saddle South Zones are reported herein, assays from six additional holes across the property are pending.

Highlights:

The highest-grade gold assay to date at the Wels Project, was returned from drilling at the Saddle South target in newly defined structures, including multiple high-grade gold intersections:
34.7 g/t Au over 1.52m in WRC23-006 from 82.3m down hole.
1.60 g/t Au over 21.34m in WRC23-005 from 3.05m down hole, including 3.22 g/t Au over 9.14m.
High grade gold drilled in a structure 60m south of the Saddle Main target returned 7.14 g/t Au over 3.05m from 60.96m down hole, in WRC23-003
First test hole at the Saddle North target returned 1.17 g/t Au over 7.62m from 25.91m down hole (WRC23-004). see & read more on
https://www.newsfilecorp.com/release/186380/K2-Drills-New-High-Grade-Structures-at-Wels-Project