K2 Gold secures full ownership of Mojave Project in southern California

The Canadian explorer consolidates 100% control over its flagship gold project, aiming to unlock its full exploration potential in the mineral-rich Inyo County.

K2 Gold Corporation announced today that it has successfully secured full ownership of its flagship Mojave Project, located in Inyo County, California. The milestone marks a strategic advancement in the company’s efforts to realize the site’s promising gold potential.

Having fulfilled all remaining obligations under its original agreement, K2 now holds 100% of the 5,380-hectare property. This consolidation enhances the company’s flexibility and control over future exploration and development activities.

“We are delighted to have secured 100% of the Mojave property,” said Anthony Margarit, President and CEO of K2 Gold. “This milestone strengthens our ownership position and is a testament to our belief in the project’s value, which we believe we have continued to demonstrate from our initial drilling results through to our commitment to the permitting process supporting our next phase of drilling and exploration.”

The Mojave Project has shown significant early-stage promise, including a 2020 drill intercept of 86.9 metres grading 4.0 g/t gold, and surface rock samples returning up to 375 g/t gold. Located in a largely underexplored area of southern California, the project is seen as having district-scale potential.

With full ownership secured, K2 Gold plans to advance systematic exploration aimed at expanding known targets and identifying new zones of mineralization.