Vancouver, British Columbia–(Newsfile Corp. – June 2, 2022) – K9 Gold Corp. (TSXV: KNC) (FSE: 5GP) (OTCQB: WDFCF) (“K9” or the “Company”) is admiring to advertise affairs for the accessible 2022 assay acreage season. The capital accent of the affairs will be a design assignment affairs with a minimum of 4000 meters. The affairs will focus on the Jumper’s Pond area, afterward up on the awful acknowledged 2021 program. That affairs intersected assorted wide, well-mineralized zones, including 65.10 m averaging 0.78 g/t Au in aperture JP21-022.
The Company will host an Investors’ Call on Wednesday June 8, 2022, at 10:00 am Pacific time (1:00 pm Eastern) to altercate the affairs for the 2022 assay program. Amuse use the afterward articulation to accompany the call:
Join Zoom Meetinghttps://us05web.zoom.us/j/89054265885?pwd=WExyQUpkelRQcVd5a0FHaFQwbkRkdz09
The ahead appear affairs of added sampling, to backup advancing intervals of gold mineralization from the 2021 drilling, has been completed, with 86 added samples actuality submitted for analysis. Crews are now advancing to activate to axial Newfoundland for the assignment program. In addition, arena aftereffect is planned to added investigate assorted awful aberrant clay samples encountered in the summer of 2021.
About Stony Lake Project
The Stony Lake acreage lies aural the Exploits Subzone Gold Belt of the Cape Ray/Valentine Lake structural trend in Axial Newfoundland, lying alongside to that of New Found Gold’s Queensway project, forth the abounding Dog Bay Line. The activity covers 13,625 ha and 27 kilometers of favorable trend amid Sokomon’s Moosehead analysis anon to the northeast and Marathon’s Valentine Lake drop to the southwest. Excellent basement exists on the activity acreage and in the surrounding area.
At Stony Lake, arena prospecting and sampling has led to the identification of seven ample areas of awful aberrant to low brand (up to 4.0 g/t Au) to aerial brand (>4.0 g/t Au) gold mineralization. Afterward up on the prospecting work, analytical assay with property-wide aerial geophysical and all-encompassing clay sampling, additional two ample grids of IP arena geophysical survey, has led to the estimation of about 100 anomalies, at atomic ten of which are rated as aerial antecedence assignment targets. The 2021 conduct affairs has added to the abeyant of the activity with assorted absolute advanced intersections of abundant gold mineralization.
About K9 Gold Corp
K9 Gold Corp has accumulated a highly-experienced and activating aggregation to analyze its Stony Lake Project. The activity has been acquired from District Copper Corp by an advantage agreement, whereby K9 can access up to a 100% absorption in the activity (see Company absolution anachronous July 30, 2020). The Company additionally owns a 100% absorption in the Desert Eagle Vanadium-Uranium activity amid in the celebrated Henry Mountains Mining District in SE Utah. The breadth has apparent all-encompassing celebrated vanadium and uranium mining and is abutting to Anfield Energy Inc’s Shootaring Canyon mill.
Chris M. Healey, P. Geo, Chief Geologist and a Director of K9 Gold Corp., is the able being beneath NI 43-101 guidelines who is amenable for the abstruse agreeable of this release, and consents to its release.
Toll Free Number: (833) 434-GOLD (4653)
Kosta TsoutsisDirectorK9 Gold Corp.email: [email protected]: 604 808-9134
Brian MorrisonChief Financial Officer and DirectorK9 Gold Corp.email: [email protected]: 604 312-6910
The Company is listed on the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that appellation is authentic in the behavior of the TSX Venture Exchange) accepts albatross for the capability or accurateness of this release.
Disclaimer for Forward-Looking InformationCertain statements in this absolution are advanced statements, which reflect the expectations of administration apropos K9’s ambition to abide to analyze abeyant affairs and accomplish assertive accumulated changes and applications. Advanced statements abide of statements that are not absolutely historical, including any statements apropos beliefs, plans, expectations or intentions apropos the future. Such statements are accountable to risks and uncertainties that may account absolute results, achievement or developments to alter materially from those independent in the statements. No affirmation can be accustomed that any of the contest advancing by the advanced statements will action or, if they do occur, what allowances K9 will access from them. These advanced statements reflect managements’ accepted angle and are based on assertive expectations, estimates and assumptions which may prove to be incorrect. A cardinal of risks and uncertainties could account absolute after-effects to alter materially from those bidding or adumbrated by the advanced statements, including K9’s disability to analyze affairs accepting satisfactory agreement or at all and the after-effects of assay or analysis of backdrop that K9 does acquire. These advanced statements are fabricated as of the date of this account absolution and K9 assumes no obligation to amend these advanced statements, or to amend the affidavit why absolute after-effects differed from those projected in the advanced statements, except in accordance with applicative balance laws.
To appearance the antecedent adaptation of this columnist release, amuse appointment https://www.newsfilecorp.com/release/126307
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