• K9 Gold (KNC) has commenced its 2022 drill program and updated its 2021 assays
  • A minimum 4,000 m of diamond drilling is underway at the Jumper’s Pond Zone on the Stony Lake Project in Newfoundland
  • Sampling from 2021 drilling has connected the wide zones of significant gold mineralization intersected by hole JP21-022, resulting in an average of 0.61 g/t over 127.4 m
  • Director and Chief Geologist Chris Healey spoke with Daniella Atkinson about the updates and the return to the field
  • K9 Gold is a mineral exploration and development company active in the U.S. and Canada
  • K9 Gold (KNC) is unchanged trading at $0.115 per share

K9 Gold (KNC) has commenced its 2022 drill program and updated its 2021 assays.

A minimum 4,000 m of diamond drilling is underway at the Jumper’s Pond Zone on the Stony Lake Project in Newfoundland.

The project covers 13,625 ha and 27 km of favorable trend, including seven broad areas of highly anomalous, low grade (up to 4 g/t gold) and high grade (>4 g/t gold) gold mineralization. 

K9 has since received a permit for 30 additional drill holes (10,000 m) at Jumper’s Pond to follow up on extensive mineralized zones.

The company has also received results from additional drill core sampling from its 2021 drilling program at Stony Lake. Infill sampling has connected the wide zones of significant gold mineralization intersected by hole JP21-022, resulting in an average of 0.61 g/t over 127.4 m. Sampling in JP21-023 and 024 also added significant widths to their respective mineralized zones.

It is planning ground follow-up to further investigate numerous highly anomalous soil samples from summer 2021.

Director and Chief Geologist Chris Healey spoke with Daniella Atkinson about the updates and the return to the field.

Sampling to fill in zones not previously sampled from the 2021 drill program

K9 Gold is a mineral exploration and development company active in the U.S. and Canada.

K9 Gold (KNC) is unchanged trading at $0.115 per share as of 11:15 am EST.

More From The Market Online

@ the Bell: Despite a deep divide, the TSX comes out on top

Canada’s main stock index was volatile Thursday, but thanks to an industrials, utilities and energy market surge, the TSX closed in the green.

Now trading on the TSX Venture Exchange: Kootenay Resources Inc.

Shares in Kootenay Resources Inc. (TSXV:KTRI) begin trading on the TSX Venture Exchange after final approval.

A promising player in the energy revolution

As demand for sustainable energy sources has intensified, Argentina Lithium & Energy is ready to capitalize on the surging lithium market.

Buzz on the Bullboards: The top stocks in energy, mining and EVs

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity.