K2 Gold Extends Warrant Expiry Dates: A Strategic Move for Exploration and Development

K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) has announced its intention to extend the exercise period for two sets of warrants, totaling 22,438,250 warrants exercisable at $0.30 per common share. The original expiry dates were February 1, 2025, and February 15, 2025, but the company proposes to extend them to October 1, 2025. This strategic move allows K2 Gold to raise additional capital and fund its exploration and development activities at its projects in Southwest USA and the Yukon, particularly the Mojave, Si2, and Wels projects.

The Mojave Project, a 5,830-hectare oxide gold project with base metal targets located in Inyo County, California, has already seen successful exploration efforts by K2 Gold. The company has completed geochemical and geophysical surveys, geologic mapping, LiDAR, a WorldView 3 alteration survey, and a 17-hole RC drill program focused on the Dragonfly and Newmont Zones. The extension of the warrant expiry dates could provide K2 with additional funds to continue or even expand its exploration activities at the Mojave Project, potentially leading to further discoveries and enhancing the project's value.

The Si2 Gold Project, located in Esmeralda County, Nevada, is road accessible and consists of 118 BLM lode claims covering 986 Ha. The project's potential was confirmed by K2 Gold's 2023 diamond drill program, which demonstrated that the system is gold bearing. The extension of the warrant expiry dates could provide K2 with additional funds to continue its exploration efforts at the Si2 Gold Project, potentially leading to further discoveries and enhancing the project's value.

The Wels Project, located approximately 40km east of the community of Beaver Creek and 60km south of Newmont Goldcorp's Coffee deposit, has shown promising results from K2 Gold's 2023 Reverse Circulation drilling program. The extension of the warrant expiry dates could provide K2 with additional funds to continue its exploration and development activities at the Wels Project, potentially leading to further discoveries and enhancing the project's value.

In conclusion, the extension of the warrant expiry dates for K2 Gold's two sets of warrants is a strategic move that could provide the company with additional capital to fund its exploration and development activities at its projects in Southwest USA and the Yukon. This could lead to further discoveries and enhance the value of the Mojave, Si2, and Wels projects, contributing to the company's overall growth and success.