en.Wedoany.com Reported - K2 Gold Corp (TSX Venture Exchange: KTO) has commenced drilling at its Mojave Project in California, USA, with a drill rig mobilized to the Dragonfly target.

The company selected Dragonfly as the starting point for the program based on "high-grade" results from previous drilling and ongoing geological interpretation.

The target hosts a broad zone of gold mineralization starting from surface and remains one of several priority targets identified across the project.

K2 Gold Corp CEO Anthony Margarit said the mobilization of the drill rig to the Dragonfly target is a "long-awaited milestone" for the company.

"We thank the contractors, regulators, and stakeholders for their efforts in helping advance the project to this stage, as well as the patience of shareholders who believe in this project," Margarit said.

"We look forward to systematically evaluating the significant exploration potential identified at the Mojave Project through drilling."

The Mojave Project is located in Inyo County, California, covering approximately 5,830 hectares, including mining claims and patented lands with gold and polymetallic mineralization.

Based on historical and recent exploration, identified targets across the property include Dragonfly, Newmont, Gold Valley, Soda Valley, and Morningstar.

The company will provide updates as drilling commences and assay results become available.

K2 Gold Corp is a member of the Discovery Group, with a project portfolio including the Mojave Project in California, the Si2 Project in Nevada, and the Wels and Wolf Projects in Canada's Yukon Territory.

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