| Announcement Date: | 2022-10-18 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | K9 Gold Corp. |
| Project name: | Stony Lake |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 31.75m at 1.52g/t Au from 238.75m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia–(Newsfile Corp. – October 18, 2022) – K9 Gold Corp. (TSXV: KNC) (FSE: 5GP) (OTCQB: WDFCF) (“K9” or the “Company”) is pleased to announce that it has received complete analytical results from its 2022 diamond drill program at the Jumper’s Pond zone on its highly prospective Stony Lake project in central Newfoundland. Results show multiple well mineralized zones were encountered with significant widths of continuous gold mineralization present in many of the holes drilled during the 2022 campaign. Chris M. Healey, P.Geo., Chief Geologist and member of K9 Gold’s Board of Directors, commented; “The remarkable consistency of gold values encountered during the 2021 and 2022 drill campaigns is of particular importance in determining the true metal content of the Jumper’s Pond zone. Whereas with a high nugget effect the analytical results may not be indicative of the true metal content (either high or low), we now have significantly increased our confidence in the reliability of our data.” The drill program consisted of 8 diamond drill holes, for a total of 2,919 meters. The drill holes were designed to follow up on the extremely wide mineralized zone encountered in hole JP21-022 during the 2021 drilling season. That drill hole intersected a 127.4- |
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