K2 Gold Reports Strong Initial Gold Solubility Results at Mojave

VANCOUVER, British Columbia, Sept. 16, 2026 (GLOBE NEWSWIRE) -- K2 Gold Corporation (“K2” or the “Company”) (TSX-V: KTO | OTCQX: KTGDF | FSE: 23K) today announced initial gold-solubility results from the Dragonfly Zone at its 100%-owned Mojave Project in Inyo County, California. A total of 211 mineralized samples from seven holes drilled in 2026 return a soluble-gold-to-fire-assay-gold ratio (“AuCN/AuFA ratio”) of 97.1% based on the ratio of summed CN-soluble and fire-assay gold grades. Initial soluble gold recoveries combined with field observations confirm the presence of readily leachable gold in an oxide environment to depths of up to 180 meters below surface – the limit of drilling to date. Aggregate ratios for the individual holes ranged from 93.4% to 99.9%.