K2 Gold Corporation (TSX-V: KTO | OTCQX: KTGDF | FSE: 23K) has released updates regarding its drilling activities at the Dragonfly project, located in British Columbia. The company's latest announcement covers results from four additional drill holes, which have confirmed the presence of multiple stacked high-grade oxide gold structures. Notably, one of the drilling intercepts measured 27.43 metres at a grade of 4.03 grams per tonne (g/t) of gold, showcasing substantial mineralisation in the area. Other notable intercepts included 32.01 metres at 2.02 g/t, 33.53 metres at 1.63 g/t, and 3.05 metres at a notably high grade of 17.55 g/t gold. These results are seen as a positive indicator for further exploration and development within the project, as they suggest considerable potential for resource expansion in the region. K2 Gold Corporation continues to assess the implications of these findings in the context of their overall exploration strategy at Dragonfly, aiming to increase its resource base and advance the project towards future phases of evaluation.
Analyzed Canadian Outlets (1)
1 headline