K2 Gold Corporation
K2 Gold Corporation holds 100% of the Mojave gold project (~5,830 hectares) in Inyo County, California, where the US Bureau of Land Management issued a positive Record of Decision in April 2026 approving exploration drilling. A fully-funded 14,000-metre reverse-circulation program began at the Dragonfly target in late June 2026, aimed at a first-ever resource; no NI 43-101 resource has yet been declared. The company also holds the earlier-stage Si2 project in Nevada, described as a geological analogue to AngloGold Ashanti's nearby Expanded Silicon deposit.
Notable vs. Peers
- Financials score of 7.6/10 is stronger than the peer average of 5.3/10.
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)6/10
California: Fraser PPI 2024 is 25.66 of 100 (rank 68 of 82; not rated in the 2025 survey), which maps to 6 on this site's scale. The flagship Mojave gold project is in Inyo County, California; its Si2 project is in Nevada. California has US rule of law, but its mining policy climate ranks among the lowest in Fraser's survey, and a new mine needs CEQA environmental review and county approvals.
Infrastructure (40%)6.4/10
Confirmed road access at Mojave Gold Project, Inyo County, California (and Si2 Project, Nevada); existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Soledad Mountain (Golden Queen Mining Company, LLC), 169 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:1/10
Nearest producing mine: Soledad Mountain (Golden Queen Mining Company, LLC), 169 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:6/10
United States: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Chairman and Director of K2 Gold Corporation. Geologist/prospector with 35+ years in mining; recipient of the 2025 PDAC Viola R. MacMillan Award and 2022 AME Murray Pezim Award. Involved in the Coffee Gold and Three Bluffs discoveries and ~CDN$3B of related M&A including the Great Bear Resources sale to Kinross ($1.8B), Great Bear Royalties to Royal Gold ($200M), and Kaminak Gold to Goldcorp ($510M). Also chairs Aquitaine Metals.
President, Chief Executive Officer and Director of K2 Gold Corporation. P.Geo.; BSc Geology, Lakehead University; 25+ years managing exploration programs.
Chief Financial Officer and Corporate Secretary of K2 Gold Corporation. CPA, CA; 20+ years of financial leadership across mining, energy and technology; previously CFO of Kore Mining and Hive Blockchain, with $200M+ in financings executed.
VP Exploration at K2 Gold Corporation. P.Geo.; 10+ years of experience, beginning at Kaminak Gold in 2011 (Coffee Gold Project) and overseeing post-acquisition Goldcorp field activities. BS/MS Geology, University of Western Ontario.
Exploration Manager at K2 Gold Corporation. Geoscience graduate, University of Arizona; previously Director of Exploration at Coeur Mining, VP/Chief Geologist at Aztec Minerals, and Principal Geologist at Kennecott Exploration (Rio Tinto).
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer, specialist resource fund, or on-market insider buying was found for K2 Gold despite the company's real, recent $25 million capital raise and strong management track record. Real, dated coverage exists; there is simply no named smart-money holder visible in available sources.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
K2 Gold owns 100% of the Mojave gold project, about 5,830 hectares in Inyo County, California, where the US Bureau of Land Management issued a positive Record of Decision approving exploration drilling in April 2026, and also holds the earlier-stage Si2 project in Nevada. No mineral resource has been declared at Mojave yet. A fully funded 14,000 m drill program, the largest ever at Mojave, began at the Dragonfly target in June 2026, with results including 39.62 m at 5.35 g/t gold in hole DF26-020, confirming mineralization over 400 m of strike that remains open. By September 2026 the drill had moved to the Newmont target, about 3.5 km south along the same corridor.