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The latest announcement is out from K2 Gold ( (TSE:KTO) ).
K2 Gold Corporation plans to begin a fully funded drill program of up to 2,000 metres at its Si2 Project near Tonopah, Nevada, on or about January 21, 2026, following 2025 geological and geophysical studies that indicate the presence of an intact low-sulphidation epithermal gold system. Building on 2023 drilling that showed increasing gold grades with depth but stopped short of the interpreted boiling zone, the new 4–6 hole reverse circulation program will test deeper structural corridors aimed at the optimal boiling-zone horizon, with geological characteristics closely analogous to AngloGold Ashanti’s large Silicon (Arthur Gold) discovery nearby, potentially elevating Si2’s strategic significance within the Walker Lane Trend if higher-grade mineralization is confirmed at depth.
The most recent analyst rating on (TSE:KTO) stock is a Hold with a C$0.77 price target. To see the full list of analyst forecasts on K2 Gold stock, see the TSE:KTO Stock Forecast page.
Spark’s Take on TSE:KTO Stock
According to Spark, TipRanks’ AI Analyst, TSE:KTO is a Neutral.
The score is driven by strong technical momentum and favorable corporate de-risking/permitting progress, but capped by weak financial performance (no revenue, persistent losses and cash burn) and limited valuation support due to a negative P/E and no dividend.
To see Spark’s full report on TSE:KTO stock, click here.
More about K2 Gold
K2 Gold Corporation is a mineral exploration company focused on discovering and advancing gold projects, with a particular emphasis on epithermal gold systems in North America. The company is active in Nevada’s Walker Lane Trend, a prolific gold belt known for structurally controlled, near-surface deposits, and targets projects with potential for large, high-grade gold resources at depth.
Average Trading Volume: 273,704
Technical Sentiment Signal: Buy
Current Market Cap: C$152.6M
For a thorough assessment of KTO stock, go to TipRanks’ Stock Analysis page.