K2 Stakes New Mineral Claims in the Moosehorn Range, Alaska, USA
K2 Stakes New Mineral Claims in the Moosehorn Range, Alaska, USA
Vancouver, B.C. – May 17, 2018 – K2 Gold Corporation (“K2” or the “Company”) (KTO: TSX-V) is
pleased to announce that it has completed staking of 123 State of Alaska mining claims known as the
McArthur Creek Property (“McArthur” or “the Property”) located in east-central Alaska, USA, 30 km
northeast of Northway, Alaska and 130 km southwest of Dawson City, Yukon. The project is located on
the Alaska-Yukon border, proximal to K2’s Ladue Property and covers approximately 7400 ha. The new
claims are pending filing and official adjudication with the Alaska State Department of Natural Resources
in Fairbanks, AK.
The Moosehorn Range area is located along the trace of the arc-related 110 – 70 Ma Tintina Gold Belt,
an arcuate band of felsic intrusions extending from southwest Alaska through the Fairbanks, Alaska and
Dawson City, Yukon areas, then southeast to the Yukon-British Columbia border. To date, the
Moosehorn Range is host to active placer gold mining operations and has produced over 100,000 ounces
of placer gold and 4000 ounces of lode gold. While historical exploration has been concentrated on the
Canadian portion of the range, the Alaskan side of the range has seen very little modern exploration.
Jo Price, VP Exploration commented, “Exploration thus far on the Canadian side of the border seems to
indicate that there is an extensive orogenic style mineralised gold system in the range. The McArthur
Creek project represents a large, prospective district scale opportunity in an area that has seen limited
exploration to date”.
Please click HERE to view all figures related to this news release.
Following a review of available data for the property and positive adjudication by Alaska State
Department of Natural Resources, K2 will develop a work program and budget which will be released
when available.
About K2 Gold Corporation
K2 Gold Corporation is a junior mineral exploration company focused on building a portfolio of gold
exploration projects in the Yukon, including the Wels Property located approximately 185 km south of
Dawson City, Yukon. In addition to Wels the Company is conducting exploration at the Flume, Storck and
Ladue properties in the South Klondike district north of Wels. The Company has assembled an
experienced management team and board of directors with a track record of discovery success.
Qualified Person
Jo Price, P.Geo., VP Exploration of K2 and a Qualified Person under National Instrument 43-101 has
reviewed and approved the technical information on this release.
For additional information please contact Stephen Swatton at 604-331-5093.
On behalf of the Board of Directors,
“Stephen Swatton”
President and CEO
K2 Gold Corporation.
Forward-Looking Caution:
This news release contains forward-looking statements that are not historical facts. Forward-looking statements
involve risks, uncertainties and other factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied by such forward-looking statements, including
statements regarding the 2017 exploration program at the Wels Gold, Storck, Ladue and Flume Properties
(collectively the “Properties”), including results of drilling, and future exploration plans at the Properties. Factors that
could cause actual results to differ materially from these forward-looking statements include, but are not limited to,
variations in the nature, quality and quantity of any mineral deposits that may be located, the Company’s inability to
reach satisfactory agreements with First Nations to facilitate its exploration and development plans for the Wels
Property, the Company's inability to obtain any necessary permits, consents or authorizations required for its planned
activities, and the Company's inability to raise the necessary capital or to be fully able to implement its business
strategies. The reader is referred to the Company's public disclosure record which is available on SEDAR
(www.sedar.com). Although the Company believes that the assumptions and factors used in preparing the forward-
looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of
the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames
or at all. Except as required by securities laws and the policies of the TSX Venture Exchange, the Company
disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of
any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the
securities in the United States of America. No securities of the Company have been or will, in the foreseeable future,
be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not
be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S
under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from
such registration requirements is available.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.