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K2 Gold ( (TSE:KTO) ) has issued an announcement.
K2 Gold Corporation has signed an agreement to acquire full ownership of the Si2 Project in Nevada, marking a significant step in its exploration efforts. An alteration study on the project revealed a promising low sulphidation epithermal gold system, suggesting potential for higher gold mineralization deeper than current drillings. This acquisition allows K2 Gold to manage development at its own pace, offering strategic flexibility as it seeks to expand its resource base while continuing work on its flagship Mojave Project.
More about K2 Gold
K2 Gold Corporation is involved in the exploration and development of gold projects. The company focuses on advancing its interests in mining ventures, particularly within the Walker Lane Trend, known for its potential in gold mineralization.
YTD Price Performance: 3.85%
Average Trading Volume: 102,505
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$17.7M
For detailed information about KTO stock, go to TipRanks’ Stock Analysis page.
