K2 Gold Submits Plan to Expand Currently Permitted Drill Program at Mojave [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
VANCOUVER, British Columbia, June 02, 2020 (GLOBE NEWSWIRE) — K2 Gold Corporation (“CompanyMAPDragonflyUp to 10 drill sites covering 420m of strike length are planned for Dragonfly. The drilling follows up on historic drilling on the target which included intercepts of 1.54 g/t Au over 24.38m from surface and 3.84 g/t Au over 12.19m from 42.19m depth from hole CM97-4, and undrilled chip results of 4.2 g/t Au over 42m. Mineralization on the target occurs within a series of NNW oriented structures along lithologic contacts and is associated with quartz-sericite alteration, strong iron oxide staining, brecciation, and minor quartz-carbonate veining.All historically reported intercepts were oxidized to at least 237m depth and preliminary “cyanide shake” tests on the mineralization by BHP indicated recoveries up to 91% on material 0.5 g/t Au (see Great Bear Resources news release dated Oct. 30, 2013. Available on SEDAR).CentralUp to 4 sites covering 230m of strike length are planned for Ce
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